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Flexible Office Unit
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3716 E Idaho Street, Elko, NV 89801

Four private offices are complemented by training, drafting, reception, kitchenette, and open work areas.

Property Size2,329 SF
Price / SF$1.50
Days on Market93

Property Features for 3716 E Idaho Street

General Information

Standard status Active
Size 2,329 SF

Amenities

4 Private Offices
Training Room
Draft Room
Receptionist Area
Kitchenette
Open/Flex Workspace
2 Restrooms
Listing Agency: Coldwell Banker Excel
Listed By: Sierra Petersen · License #BS.0146660
Source: At-realty
Added: Jul 16 Changed: Oct 2 Last Checked: Oct 14 at 11:05PM

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 2,329-SF office unit is arranged for a professional team requiring a mix of enclosed and collaborative areas. The interior includes four private offices, a dedicated training room, a draft room, and an open flex area for desks or shared workstations. A reception area provides an organized client entry point, while the kitchenette supports daily staff needs. Two restrooms complete the suite’s functional layout.

The property is located at 3716 E Idaho Street in Elko, Nevada. Its combination of private rooms, specialized drafting space, training capacity, and open work areas can accommodate office operations with varied workspace requirements. The existing configuration provides a ready-to-use framework for a design, engineering, consulting, or other small professional office.

Key Highlights

  • 2,329 SF office unit
  • Four private offices
  • Dedicated training room and draft room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,889
Suggested Prices Based on Cap Rates
Cap Rate 5%
$797,780 $797.8K
Cap Rate 7%
$569,843 $569.8K
Cap Rate 9%
$443,211 $443.2K
Market Conditions
NOI Build-Up for 2,329 SF
Gross rent
$61.5K $26.40/SF
− Vacancy
−$8.3K −$3.56/SF
EGI
$53.2K $22.84/SF
− OpEx
−$13.3K −$5.71/SF
NOI
$39.9K $17.13/SF
Area
Elko County, NV
Vacancy
13.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$797,780
Cap Rate 7%
$569,843
Cap Rate 9%
$443,211

Alternative Uses

Best Use
Office B
$569.8K
$498.6K – $664.8K (±1% cap)
NOI $39,889 @ 7.0% cap · market cap 1,139.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$740.1K
$647.6K – $863.4K (±1% cap)
NOI $51,805 @ 7.0% cap · market cap 1,480.14%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Electrical Service (Bike/Boat/Book/etc) Store Bakery Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

239
Businesses Nearby

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office units - Four private offices are complemented by training, drafting, reception, kitchenette, and open work areas.
Where is this office units located?
The property is located at 3716 E Idaho Street Elko, NV.
What are key features of this property?
This property features: 2,329 SF office unit; Four private offices; Dedicated training room and draft room
More about this property
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