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    Property profile & analytics

    1349 Idaho St Elko, NV 89801

    • Motels
    • 21,144 SF
    • 1.00 lot acres
    For Sale
    View listing
    $1,800,000
    Value Estimation
    Last Sale
    Jun 25, 2021
    $750,000
    Location Intelligence
    Property ID
    US62-0923056
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Stay Express Inn Elko / Hotel / Bed & Breakfast

    Property Details for 1349 Idaho St

    Year built
    1945
    Lot size
    1.00 lot acres
    Property size
    21,144 SF
    Zone code
    ZC
    Property type
    Motels
    APN
    001-292-001
    APU
    1292001

    Description

    The Stay Express Inn, a thriving hospitality business located at 1349 Idaho St, Elko, NV 89801, is offered for sale at $1,800,000. This established hotel boasts 63 keys spread across two, two-story buildings, totaling 25,593 square feet on a 0.9-acre lot (APN: 001-292-001). Built in 1961 and extensively renovated in 2024, the property presents a turnkey opportunity for investors. Its prime location, just two miles from Elko Regional Airport, ensures convenient access for both business and leisure travelers. The hotel's strategic positioning within Elko County capitalizes on the consistent influx of visitors drawn to the region's robust mining industry and diverse outdoor recreational activities. This presents a significant opportunity for growth within a dynamic and thriving market. The property's recent renovation ensures modern amenities and updated facilities, minimizing immediate capital expenditure needs. This well-maintained hotel offers a strong foundation for continued success and substantial return on investment. The property's size and location make it an attractive option for both experienced hospitality operators and new investors seeking a profitable venture in a growing Nevada market.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $830,000

    • CAP approach

      CAP return
      Estimation
      6%
      $730,000
      6.5%
      $725,000
      7%
      $710,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $700,000
      Geo Method
      $755,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $670,000
      Retail
      $680,000
      Mixed-Use
      $645,000
      Hospitality
      $725,000
      Educational
      $615,000
      Residential Income
      $865,000
      Energy
      $650,000
      Income-Based Land
      $630,000
      Food Service
      $635,000

    Location Insight

    • Map
    • Local Demand
    City
    Elko
    County
    Elko
    State
    Nevada
    Longitude
    -115.756
    Latitude
    40.8395
    CBSA code
    21220
    CBSA name
    ELKO, NV MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $17,798
    $193,354
    $292,877
    $486,231
    -
    $552,440
    $836,791
    $1,389,231

    Comparable in this City

    • Value Estimation
      $1,700,000
      7,168 SF

      3021 Idaho St

      HOTEL/MOTEL • 7,168 SF
      3021 Idaho St, Elko, NV 89801-4604
      View Details
    • Value Estimation
      $830,000
      42,299 SF

      2401 Mtn City Hwy

      MOTEL • 42,299 SF
      2401 Mtn City Hwy, Elko, NV 89801-2413
      View Details
    • Value Estimation
      $210,000
      7,774 SF

      132 3rd St

      HOTEL/MOTEL • 7,774 SF
      132 3rd St, Elko, NV 89801-3671
      View Details
    • Value Estimation by Request
      61,216 SF

      1930 Idaho St

      MOTEL • 61,216 SF
      1930 Idaho St, Elko, NV 89801-2629
      View Details
    • Value Estimation
      $490,000
      3,186 SF

      1276 Idaho St

      MOTEL • 3,186 SF
      1276 Idaho St, Elko, NV 89801-4017
      View Details
    • Value Estimation
      $2,600,000
      13,347 SF

      837 Idaho St

      MOTEL • 13,347 SF
      837 Idaho St, Elko, NV 89801-3825
      View Details

    Similar Nearby for Sale

    • $1,800,000
      25,593 SF

      Stay Express Inn: Elko, NV

      Profitable Hotel, Recently Renovated
      1349 Idaho St, Elko, NV 89801
      View Details
    • $640,000
      7,289 SF

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      Versatile 5,000 sq ft commercial space, great income potential.
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    • $665,000
      5.74 Acres

      Elko Commercial Land: 5.74 Acres

      Prime Elko commercial land, I/C zoning underway.
      3250 Ruby Vista Dr, Elko, NV 89801
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    • Contact for pricing
      4.83 Acres

      Ryndon Land Near I-80

      Vacant 4.83-acre corner lot near I-80, suitable for livestock.
      072006013 Walnut St, Elko, NV 89801
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    • $230,000
      2.50 Acres

      Land Near Elko with Well

      2.5-acre vacant lot near Elko with private well.
      1615 Rockland Dr, Elko, NV 89801
      View Details

    Similar Nearby for Lease

    • Contact for pricing
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      Elko Commercial Warehouse and Office

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      8,901 SF

      Historic Building with Modern Functionality

      Remodeled historic building suitable for offices, events, or creative studios.
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    • Contact for pricing
      840 SF

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      View Details
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    1349 Idaho St
    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
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