5951 US-50 E — Sale in Carson City, NV

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Carson City, NV 89701

Photos

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Investment Figures

Cap rate
5.11%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

The Subject Property, 5951 US Highway 50, is a 15,460 square-foot commercial building situated on 1.86 acre(s) in Carson City, Nevada. The subject property is located along Highway 50, with over 28,700 cars per day seeing the property each day. The existing building was completed in 1980, using masonry, steel, and wood construction. The building is well-suited for a number of uses, and was most recently operated at a pawn business for over 30 years. It has a large showroom and ample storage to hold excess inventory. In addition, the large lot provides plenty of space for customer parking and outdoor storage. Highway 50 has always been one of Northern Nevada’s primary highways, but has become increasingly popular in recent years as Carson City, Mound House, and Dayton have experienced vast growth. The close proximity to the Carson City Airport, I-580, and a variety of other commercial users further improve the function of this site. Carson City is Nevada's state capital. It is conveniently located 30 miles south of Downtown Reno, and just 20 miles east of Lake Tahoe. The entire Northern Nevada Region, including Carson City, has seen tremendous growth in recent years due to an in?ux of companies seeking the business-friendly tax climate and laws. The addition of companies with an international presence in Technology, Manufacturing, Distribution, Medical, and more has given Northern Nevada a robust, diversi?ed economy. Priced at $1,800,000, or $116.43 per square-foot, this property offers a purchaser the opportunity to acquire a versatile asset that is priced far below replacement cost. Investment Highlights: • Excellent Highway 50 Frontage (28,700 Cars Per Day) + Monument Signage • Large 1.86 Acre Lot with Ample Parking • Priced Well Below Replacement Cost at $116.43 Per Square Foot

Market Context

This retail in Carson City, NV is listed for sale. It is offered at an approximate 5.1% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Carson City, NV — view the full market.

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