931-939 Mica Dr Carson City, NV 89705

Price
$6,925,000
Listed On
Type
For Sale
Status
Active
931-939 Mica Dr, Carson City, NV 89705
931-939 Mica Dr, Carson City, NV 89705
931-939 Mica Dr, Carson City, NV 89705
931-939 Mica Dr, Carson City, NV 89705
931-939 Mica Dr, Carson City, NV 89705
931-939 Mica Dr, Carson City, NV 89705
931-939 Mica Dr, Carson City, NV 89705
931-939 Mica Dr, Carson City, NV 89705
931-939 Mica Dr, Carson City, NV 89705
931-939 Mica Dr, Carson City, NV 89705
931-939 Mica Dr, Carson City, NV 89705
931-939 Mica Dr, Carson City, NV 89705
931-939 Mica Dr, Carson City, NV 89705
931-939 Mica Dr, Carson City, NV 89705
28000 sqft
Asking  $6,925,000

Snapshot

Type
For Sale
Category
Purchase
Property Type
Commercial Sale
Property Subtype
Other
MLS Number
250002225
Parcel Number
1420-07-619-001
Property Sqft
28,000 sqft
Lot Size
3.09 acres
Year Built
2006
Year Updated
Bedrooms
0
Bathrooms
0
Full Bathrooms
0
3/4 Bathrooms
0
Half Bathrooms
0
Quarter Bathrooms
0
Lot Size (in sqft)
134,600.4
Price Low
-
Room Count
-
Building Unit Count
17
Condo Floor Number
-
Number of Buildings
-
Number of Floors
1
Parking Spaces
100
Location Directions
Hwy 395 South to Mica Drive
Subdivision Name
Indian Hills Plaza
Franchise Affiliation
RE/MAX International
Special Listing Conditions
Auction
Auction
Bankruptcy Property
Bankruptcy Property
HUD Owned
HUD Owned
In Foreclosure
In Foreclosure
Notice Of Default
Notice Of Default
Probate Listing
Probate Listing
Real Estate Owned
Real Estate Owned
Short Sale
Short Sale
Third Party Approval
Third Party Approval

Description

This well-established commercial complex consists of four buildings with a total leasable square footage of 27,845 and 17 total units, many of which are occupied by long-term tenants. The property generates an annual net operating income of $371,364, with total revenues of $461,364 and expenses of $90,000. With approximately 10,000 square feet of roughed-out space available for lease at a competitive rate of $1.50 per square foot ($1.10 for rent and $0.40 for CAMs), there is substantial income potential. If fully leased, the cap rate could reach nine percent. Given that replacement costs exceed $12 million, this is a rare opportunity to acquire a high-performing asset well below today's construction costs. Whether seeking stable cash flow or a value-add investment, this property presents an outstanding opportunity

More Details

MLS Name
Northern Nevada Regional MLS, Inc.
Source
ListHub
MLS Number
250002225
URL
MLS ID
NNRMLS
Virtual Tour
PARTICIPANT
Name
Garrett Lepire
Primary Phone
(775) 720-4712
Key
3YD-NNRMLS-627501011
Email
garrett@sellingcarsoncity.com
BROKER
Name
RE/MAX Realty Affiliates-Carson City
Phone
(775) 885-2200
OFFICE
Name
RE/MAX Gold-Carson City
Phone
(775) 885-2200
Copyright © 2025 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Features

Basement
Basement
Dock
Dock
Elevator
Elevator
Fireplace
Fireplace
Greenhouse
Greenhouse
Hot Tub Spa
Hot Tub Spa
New Construction
New Construction
Pool
Pool
Sauna
Sauna
Sports Court
Sports Court
Waterfront
Waterfront
Construction Materials
Brick
Brick
 Masonite
Masonite
Cooling
Central Air
Central Air
Fencing
Fenced
Fenced
Flooring
Vinyl
Vinyl
Carpet
Carpet
Concrete
Concrete
Heating
Forced Air
Forced Air
Natural Gas
Natural Gas
Roof
Flat
Flat
Membrane
Membrane
Security
Security Lighting
Security Lighting
Utilities
Cable Available
Cable Available
Window
Display Window(s)
Display Window(s)
Double Pane Windows
Double Pane Windows

History

DateEventPrice$/SqftSource
Price Changed$6,925,000 -2.81%$247RE/MAX Gold-Carson City
Listed For Sale$7,125,000 $254RE/MAX Gold-Carson City
Report issue with price history

Taxes

YearAnnual AmountDescription
$11,922

Nearby Schools

Elementary School

Al Seeliger Elementary School

3.7 miles awayKG - 05

Elementary School

J C Fremont Elementary School

4.6 miles awayKG - 05

Elementary School

Grace Bordewich Mildred Bray Elementary

4.9 miles awayKG - 05
Show more
Get more info on 931-939 Mica Dr, Carson City, NV 89705
Profile
Garrett Lepire
Listing Agent
(775) 720-4712
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.
Profile
Garrett Lepire
Listing Agent
(775) 720-4712
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.