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

    Jasper Avenue Elko, NV 89801

    View on Map
    Claim this Listing
    For Sale
    $200,000

    LAND - Wildhorse, NV

    Lot size:
    1.03 Acres
    Added:
    Apr 12, 2023
    Days on Market:
    1102
    Last Refresh:
    Apr 17 at 11:06 pm

    Property Features for Jasper Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Exterior features
    Storage
    Standard status
    Active
    APN
    073-008-006
    Lot size
    1.03 Acres

    Taxes and HOA fees

    Tax Annual Amount
    60

    Utilities

    Water source
    Well, Private

    Building Details

    Additional Structures
    Shed(s), Storage

    We can help!

    Listing Contact
    Tamara K. Bawcom

    Listing agent Tamara K. Bawcom License #B. 0006996

    Listing office Bawcom Real Estate 32 SPRING CREEK PKWY, Spring Creek, NV

    Listing date Apr 12, 2023

    MLS# 3623207 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

    Wildhorse Land Near Lake

    This 1.03-acre land parcel is located on Jasper Avenue in Wildhorse, Nevada, situated near Wildhorse Lake. The lot is level and includes a gravel drive and pad. A well is installed with a pump in place. A storage shed is included with the property. The lot is located a short distance from the lake, with no buildings or lots obstructing the lake view from the street-facing side of the property. The property is suitable for camping or recreational use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Elko
    County
    Elko
    State
    Nevada
    Longitude
    -115.703
    Latitude
    40.8858

    Nearby Similar for Sale

    • $1,120,000
      7,128 SF

      Versatile Warehouse in Central Elko

      7,128 sq ft warehouse building in prime Elko location.
      651 River Street, Elko, NV 89801
      View Details
    • $395,000

      Elko Nevada Commercial Land

      Commercial land on Idaho Street with strong potential for future use.
      Idaho Street, Elko, NV 89801
      View Details
    • $100,000

      Elko Nevada Land Opportunity

      Three adjacent parcels available in Elko, Nevada.
      200 Water Street, Elko, NV 89801
      View Details
    • $600,000

      Elko Nevada Land For Sale

      5.74 acre Elko land with commercial/industrial potential.
      3250 Ruby Vista Drive, Elko, NV 89801
      View Details
    • $100,000

      Elko, Nevada Land Parcels

      Three adjacent light industrial/general industrial land parcels in Elko, Nevada.
      240 Water Street, Elko, NV 89801
      View Details
    • $100,000

      Elko, Nevada Land Opportunity

      Three adjacent parcels available in Elko, Nevada.
      220 Water Street, Elko, NV 89801
      View Details
    • $499,000

      Elko Commercial Land Opportunity

      Prime commercial land near I-80 in Elko, Nevada.
      2215 Ruby Vista Drive, Elko, NV 89801
      View Details
    • $324,360

      Expansive Land Parcel in Elko

      72-acre parcel with mountain views, ideal for recreation.
      Hamilton Creek Trail, Elko, NV 89801
      View Details
    • $3,000,000

      Large Acreage Land in Elko

      1,127+ acres suitable for residential or developmental use.
      Hamilton Creek Trail, Elko, NV 89801
      View Details
    • $213,000

      Expansive Land Parcel in Elko

      47.37-acre parcel with mountain views near Elko, Nevada.
      Hamilton Creek Trail, Elko, NV 89801
      View Details
    • $40,000

      Elko Commercial Lot For Sale

      0.77-acre commercial lot in Elko's retail corridor.
      Spruce Road, Elko, NV 89801
      View Details
    • $29,000

      Elko Vacant Land Parcel

      Vacant build-ready land in Hamilton State Subdivision, Elko, Nevada.
      Hamilton Creek Trail, Elko, NV 89801
      View Details

    FAQs

    What type of property is this?
    Land - Level 1.03-acre lot with well near Wildhorse Lake.
    Where is this land located?
    The property is located at Jasper Avenue Elko, NV.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: Close proximity to the lake with **unobstructed lake views**.; Well is already installed with pump in place.; Level lot with gravel drive and pad being installed.
    (775) 753-6379
    We can help!
    Listing Contact
    Tamara K. Bawcom
    Real Estate License ID: B. 0006996
    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!