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350 W Silver Street #400, Elko, NV 89801

The 750-square-foot space has separate utility responsibilities, with water and sewer covered by the landlord and power and gas paid by the tenant.

Property Size750 SF
Price / SF$1.73
Days on Market1

Property Features for 350 W Silver Street #400

General Information

Standard status Active
Size 750 SF

Additional Details

Utilities to Site Yes
Listing Agency: Coldwell Banker Excel
Listed By: Sierra Petersen · License #BS.0146660
Source: At-realty
Added: Oct 19 Last Checked: Oct 19 at 2:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Excel

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Investment Insights

Based on property information with market context.

This 750-square-foot storefront is located at 350 W Silver Street, Suite 400, in Elko, Nevada. Utility responsibilities are divided: the landlord covers water and sewer, while the tenant pays for power and gas. The property has no CAM charges.

Key Highlights

  • 750‑square‑foot storefront at 350 W Silver Street, Suite 400, Elko, NV 89801
  • Landlord covers water and sewer; tenant pays for power and gas
  • No CAM charges

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$7,995
Suggested Prices Based on Cap Rates
Cap Rate 5%
$159,900 $159.9K
Cap Rate 7%
$114,214 $114.2K
Cap Rate 9%
$88,833 $88.8K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$12.2K $16.20/SF
− Vacancy
−$729 −$0.97/SF
EGI
$11.4K $15.23/SF
− OpEx
−$3.4K −$4.57/SF
NOI
$8.0K $10.66/SF
Area
Elko County, NV
Vacancy
6.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$159,900
Cap Rate 7%
$114,214
Cap Rate 9%
$88,833

Alternative Uses

Best Use
Retail
$114.2K
$99.9K – $133.3K (±1% cap)
NOI $7,995 @ 7.0% cap · market cap 615.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$238.3K
$208.5K – $278.1K (±1% cap)
NOI $16,683 @ 7.0% cap · market cap 1,283.31%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Major Drilling Construction Company Industrial Relations Division Social Service Agency Nevada Workers' Compensation Social Service Agency Modified Vapors (Bike/Boat/Book/etc) Store Fast Glass Auto Repair Shop

Suggested Use

Top Pick HVAC Service Pharmacy Garden Center Parking Lot & Garage (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,065
Businesses Nearby
Under-served
Demand for This Use

Demographics for 89801, NV

26,250
Population
11,079
Households
2.4
Avg Household Size
34
Median Age
16%
College-Educated
87%
High-School Grad
1,212.7 sq mi
ZIP Area
22
Density / Sq Mi
$83,777
Median Household Income
$48,886
Median Earnings
$1,185
Median Rent
$278,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Similar Off Market Nearby

  • LeeAnne's Floral Designs — 638 Commercial St, Elko, NV 89801

Frequently Asked Questions

What type of property is this?
Storefront property - The 750-square-foot space has separate utility responsibilities, with water and sewer covered by the landlord and power and gas paid by the tenant.
Where is this storefront property located?
The property is located at 350 W Silver Street #400 Elko, NV.
What are key features of this property?
This property features: 750‑square‑foot storefront at 350 W Silver Street, Suite 400, Elko, NV 89801; Landlord covers water and sewer; tenant pays for power and gas; No CAM charges
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