Carson City, NV
Commercial Real Estate Market Trends & Data

$237 Avg asking sale price
$3,634 Avg asking lease rate
15,189 SF Avg unit lease size
31,793 SF Avg building size for sale
6.04% Average cap rate

Carson City's Demographic Profile

Carson City has 23,543 households and a median income of $69,574, providing context for rent absorption and tenant demand across retail and multifamily assets. A +1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 58,341
# Households 23,543
Median age 44
Median household income $69,574
Avg household size 2.0
Renter-occupied housing units 9,821
5-year population change +1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Carson City, NV

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Carson City $278 16,739 SF
Glenbrook $581 4,302 SF
Incline Village $933 1,500 SF
Cave Rock $441 5,432 SF
Zephyr Cove $301 6,562 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Carson City $234 24,974 SF 6.33%
Tahoe Vista $2,874 1,009 SF 6.19%
Kings Beach $2,529 1,833 SF 6.19%
South Lake Tahoe $362 3,796 SF 5.70%

Commercial Properties For Sale in Carson City

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Ormsby House

Carson City, NV 89701

  • 196,400 SF Hospitality
  • $16,750,000
For Sale

Washoe Lake Apartments

Carson City, NV 89704

  • 11,901 SF Multifamily
  • 6.33% Cap Rate
  • $2,600,000
For Sale

S Carson St.

Carson City, NV 89701

  • 1.33 AC Lot
  • 1 Commercial Lot
  • $1,000,000
For Sale

40 Affonso Dr

Carson City, NV 89706

  • 12,500 SF Industrial Building
  • $1,500,000
For Sale

E Nye Ln

Carson City, NV 89706

  • 17 AC Lot
  • 1 Residential Income Lot
  • $4,388,000
For Sale

Richard Herz Building

Carson City, NV 89703

  • 44,800 SF Office Building
  • 6.50% Cap Rate
  • $6,182,400

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Internal Rate of Return (IRR) Calculator
Internal Rate of Return (IRR) Calculator
Use this calculator to measure annualized returns, compare investment scenarios, and evaluate risk across commercial real estate deals.
What is a Ground Lease?
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Understanding the Nuances of Ground and Land Leases
Master Lease Strategies
Master Lease Strategies
Maximizing Control and Income with Flexible Leasing Solutions
How to Find Industrial Tenants for Your Property
How to Find Industrial Tenants for Your Property
A practical guide to finding qualified industrial tenants, from building your tenant profile to tenant screening and closing the lease.
Bonus Depreciation
Bonus Depreciation
A practical guide to using bonus depreciation to reduce tax liability, improve cash flow, and plan property improvements with timing strategies in mind.
Accelerated Depreciation in Commercial Real Estate
Accelerated Depreciation in Commercial Real Estate
Understand how accelerated depreciation works, which method fits your deal, and how to avoid the tax pitfalls that catch most investors off guard.

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Carson City pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Carson City $237 31,793 SF
Washoe Valley $218 11,901 SF
Glenbrook $581 4,302 SF
Incline Village $622 2,841 SF

Regional Demographic Comparison

This comparison places Carson City alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Carson City or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Carson City 58,341 23,543 44 $69,574 2 9,821 1%
Washoe Valley 3,095 1,258 54 $98,458 2 137 4%
Silver City 96 38 45 $65,625 3 9 1%
Glenbrook 137 66 63 $99,999 2 7 -10%
Incline Village 12,515 5,573 53 $147,465 2 1,567 10%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Carson City, NV and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Carson City

View All Commercial Real Estate For Sale in Carson City
Is Carson City a good market for a first-time commercial real estate investor?

Carson City offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Carson City?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Carson City. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Carson City?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Carson City. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Carson City compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Carson City. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Carson City acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Carson City, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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