Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1352 Idaho Street Elko, NV 89801

    View on Map
    Claim this Listing
    For Lease
    Under Contract
    Contact for pricing

    COMMERCIAL - Ranch - Elko, NV

    Type:Single Family Residence
    Property size:
    840 SF
    Lot size:
    1.00 Acre
    Added:
    Apr 4, 2024
    Days on Market:
    755
    Last Refresh:
    Apr 28 at 1:06 pm

    Property Features for 1352 Idaho Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Single Family Residence
    Bathrooms
    1
    Rooms
    Bathroom 1
    Interior features
    BayWindow
    Standard status
    Active Under Contract
    APN
    001-294-001
    Size
    840 SF
    Lot size
    1.00 Acre

    Taxes and HOA fees

    Tax Annual Amount
    10826

    Utilities

    Heating system
    Baseboard
    Water source
    Public

    Building Details

    Year built
    1943
    Building materials
    Brick, Block, Rock
    Roof type
    Asphalt, Membrane
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Joe Brown

    Listing agent Joe Brown License #S.0195641

    Listing office Coldwell Banker Commercial Excel 700 Idaho Street, Elko, NV

    Listing date Apr 4, 2024

    MLS# 3624684 Listing URL

    Copyright © 2026 Elko County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Elko Retail Space Available

    This upgraded 840 sq ft commercial space is available for rent and ready to accommodate a new business. The suite offers great access and visibility from Idaho St., Elko's main east west road, which sees hundreds of vehicles pass by daily. Parking and a front entrance are available for all guests patronizing the business owners in the Rancho Plaza. The $85 CAM fee covers trash, water, sewer, taxes, and exterior maintenance. The tenant is responsible for the lease, electric, phone/internet, and interior maintenance. The property is located in Elko, Nevada.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elko
    County
    Elko
    State
    Nevada
    Longitude
    -115.7550893
    Latitude
    40.8390542

    Nearby Similar for Lease

    • Contact for pricing

      Elko Office/Medical Space Available

      Office or medical space for lease in Elko, Nevada.
      975 5th Street, Elko, NV 89801
      View Details
    • Contact for pricing

      Turnkey Medical Facility Near NNRH

      Well-equipped medical facility adjacent to Northern Nevada Regional Hospital.
      2003 Errecart Boulevard, Elko, NV 89801
      View Details
    • Contact for pricing

      Elko Office Suite For Rent

      Office suite in multi-tenant building with executive offices and conference area.
      102 2363 N 5th Street, Elko, NV 89801
      View Details
    • Contact for pricing

      Elko Industrial Building For Lease

      Flexible industrial space with roll-up doors and ample parking.
      2310 Last Chance Road, Elko, NV 89801
      View Details
    • Contact for pricing

      Elko Industrial Space For Rent

      Versatile industrial space with office and warehouse areas in Elko.
      118 2nd Street, Elko, NV 89801
      View Details
    • Contact for pricing

      Elko Retail Space Available

      Commercial space for lease on Idaho Street in Elko, Nevada.
      174 Idaho Street, Elko, NV 89801
      View Details
    • Contact for pricing

      Elko Industrial Building For Lease

      19,180 SF industrial building on 2.12 acres for lease.
      1345 Water Street, Elko, NV 89801
      View Details
    • Contact for pricing

      Elko Industrial Space Available

      Versatile industrial property with warehouse and office space in Elko.
      450 S 4th Street, Elko, NV 89801
      View Details
    • Contact for pricing

      Historic Building with Modern Functionality

      Remodeled historic building suitable for offices, events, or creative studios.
      240 7th Street, Elko, NV 89801
      View Details
    • Contact for pricing

      Elko Medical Office Space

      Well-maintained 2,520 SF medical office space for lease.
      2719 Argent Avenue, Elko, NV 89801
      View Details
    • Contact for pricing

      Elko Commercial Space For Lease

      Versatile commercial space with pull-through access in Elko, Nevada.
      729 Douglas Street, Elko, NV 89801
      View Details
    • Contact for pricing

      Elko Warehouse with Overhead Cranes

      Well-equipped warehouse with cranes, air compressor, and ample power.
      240 7th Street, Elko, NV 89801
      View Details

    FAQs

    What type of property is this?
    Retail space - Upgraded 840 sq ft retail space with high visibility.
    Where is this retail space located?
    The property is located at 1352 Idaho Street Elko, NV.
    What are key features of this property?
    This property features: High visibility storefront on Idaho St. with heavy daily traffic.; Upgraded 840 sq ft space ready for business.; Tenant can choose floor covering and wall color (if acting fast).
    (775) 777-5311
    We can help!
    Listing Contact
    Joe Brown
    Real Estate License ID: S.0195641
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!