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511-529 Fairview Dr 12,000 SF 100% Leased Flex Building Carson City, NV 89701 $1,750,000 ($145.83/SF) 7.44% Cap Rate
Investment Highlights
- Property Painted & New Fencing Installed 2024
- Newer Roof
- Units Were Significantly Remodeled Between 2010-2021
Executive Summary
Sale Price: $1,750,000
CAP Rate: 7.44%
Number of Units: 3
Lot Size: 0.718 Acres
Building Size: 12,000 SF
APN: 009-082-05
Year Built: 1964
Zoning: RC - Retail Commercial
Anchor Building Of Sunrise Centre
Ample Shared Parking
All Tenants Are On Modified Gross Leases
Property Painted & New Fencing Installed 2024
Units Were Significantly Remodeled Between 2010-2021
Fairview Drive High Traffic, 6,300 Cars Per Day, One
Block From Main Carson City Artery
Newer Roof
Meticulously Maintained
CAP Rate: 7.44%
Number of Units: 3
Lot Size: 0.718 Acres
Building Size: 12,000 SF
APN: 009-082-05
Year Built: 1964
Zoning: RC - Retail Commercial
Anchor Building Of Sunrise Centre
Ample Shared Parking
All Tenants Are On Modified Gross Leases
Property Painted & New Fencing Installed 2024
Units Were Significantly Remodeled Between 2010-2021
Fairview Drive High Traffic, 6,300 Cars Per Day, One
Block From Main Carson City Artery
Newer Roof
Meticulously Maintained
Property Facts
| Price | $1,750,000 | Building Class | B |
| Price Per SF | $145.83 | Lot Size | 0.72 AC |
| Sale Type | Investment | Rentable Building Area | 12,000 SF |
| Cap Rate | 7.44% | No. Stories | 1 |
| Property Type | Flex | Year Built/Renovated | 1964/2010 |
| Property Subtype | Showroom | Parking Ratio | 1.17/1,000 SF |
| Zoning | RC | ||
| Price | $1,750,000 |
| Price Per SF | $145.83 |
| Sale Type | Investment |
| Cap Rate | 7.44% |
| Property Type | Flex |
| Property Subtype | Showroom |
| Building Class | B |
| Lot Size | 0.72 AC |
| Rentable Building Area | 12,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1964/2010 |
| Parking Ratio | 1.17/1,000 SF |
| Zoning | RC |
Amenities
- Fenced Lot
- Mezzanine
- Accent Lighting
- Reception
- Air Conditioning
Utilities
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
1 1
Walk Score®
Very Walkable (70)
Bike Score®
Very Bikeable (78)
Property Taxes
| Parcel Number | 009-082-05 | Improvements Assessment | $138,081 |
| Land Assessment | $65,643 | Total Assessment | $203,724 |
Property Taxes
Parcel Number
009-082-05
Land Assessment
$65,643
Improvements Assessment
$138,081
Total Assessment
$203,724
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511-529 Fairview Dr
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