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    5Th St Elko, NV 89801

    For Sale
    $1,600,000

    LAND - Elko, NV

    Lot size:
    640.00 Acres
    Days on Market:
    116
    Last Refresh:
    Dec 14 at 3:06 pm

    Property Features for 5Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    006-100-008
    Lot size
    640.00 Acres

    Coldwell Banker Algerio/Q-Team Realty (775) 738-4078 [email protected]

    Listing agent Sierra Petersen (775) 738-9866 License #BS.0146660

    Listing date Aug 21, 2025

    Copyright © 2025 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

    640 Acres of Raw Land

    This property features 640 acres of raw, unspoiled land located in Elko County, Nevada. The land offers a gently rolling landscape with native vegetation, abundant sunshine, and views of the surrounding desert plains and mountains. The property is located just outside the city limits of Elko. It presents an opportunity for investment, development of a potential subdivision, or creation of a legacy property. The seller had maps designed by High Desert Engineering for a potential of 16 lots to be subdivided. The seller also owns mineral rights associated with the property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Elko
    County
    Elko
    State
    Nevada
    Longitude
    -115.8246916
    Latitude
    40.8768855

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    FAQs

    What type of property is this?
    Land - Large land parcel in Elko County, Nevada, ideal for investment.
    Where is this land located?
    The property is located at 5Th St Elko, NV.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - 640 acres (one square mile) of land just outside Elko city limits.; - Potential for subdivision with maps designed for 16 lots (located in associated documents).; - Seller willing to offer partial financing.
    (775) 738-9866
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    5Th St Elko, NV 89801
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    Elko, NV 89801
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    Realmo Value Estimation

    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.

    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.

    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
    5Th St Elko, NV 89801
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