Individually Owned Property summary
AI-generated overview
The property at 75 Licht Parkway in Spring Creek, Nevada consists of approximately 1.5 acres improved with a metal Quonset hut-style warehouse building. The structure provides functional warehouse space suitable for uses such as storage, light industrial activities, equipment housing, or workshop operations, and includes a large sliding door for vehicle and machinery access. Interior space features a designated office area with a window unit for air conditioning and provisions for heating using portable heaters. The expansive lot supports parking, equipment storage, and potential future site improvements, and provides flexibility for a range of industrial and service-oriented owner-user or contractor-related uses.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1981
Construction
METAL FRAME
Total area
4,500 SF
Lot
2.2 ac (95,832 SF)
Zoning code
M1
APN
006-30G-001
UPID
US62-0925731
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$215k
Owner & transaction history
since 2014
5 recorded transactions
Zoning & alternative use
M1 · Spring Creek, NV
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$215k
Value range
$194k – $237k
±10% around blend
Estimated value / SF
$48 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$194k
blend $215k
$237k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,500 SF
Lot area
2.2 ac
Year built
1981
Stories
1
APN
006-30G-001
Zoning
M1
Assessed value
$33,605
Annual tax
$902
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$215k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 25 sales
$562
-91%
County 27 sales
$547
-91%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $48/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$34k
Move the market yield to see immediate price impact.
Value / SF
$7
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$2k
$42k
$30k
$24k
$2k
$47k
$34k
$26k
$3k
$52k
$37k
$29k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$902
Tax year 2024
Assessed value
$33,605
Assessed 2024
Previous assessed
$33,605
+0.0% YoY
Effective rate
2.68%
On assessed value
Assessed land
$8,750
Assessed improvement
$24,855
Land market value
$25,000
Improvement market value
$71,014
Total market value
$96,014
Applied tax rate
3.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1981
Construction
METAL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
4,500 SF
Lot
2.2 ac (95,832 SF)
Zoning code
M1
APN
006-30G-001
UPID
US62-0925731
Jurisdiction
ELKO
Zoning & alternative use
M1 · Spring Creek, NVZoning M1 · permitted uses
M1 · Spring Creek, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1981
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
2.2 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
M1
Jurisdiction
Spring Creek, NV
Recorded code
M1
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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