Property profile

340 6Th St Elko, NV 89801

FOR SALE
Motels
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Property ID
US62-0920047
3,176 SF 0.26 ac Built 1955
Last sale Mar 2024·$300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$48k
Assessed land$4k
Assessed improvement$44k
Effective rate3.17%

Value estimate

· Nov 2026
$300k
$270k – $330k
AI approach$300k
NOI build-up
Gross scheduled income$246k
Vacancy & credit loss−$81k
Operating expenses−$87k
NOI · 13.27% cap applied$78k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$120/SF
County average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$58 – $172

Cap rate analysis

How does the asset earn?
13.27%
$78k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GC
GC GENERAL COMMERCIAL DISTRICT: The purpose of the general district is to preserve a commercial district limited primarily to offices and...
General categoryCOMMERCIAL
JurisdictionELKO

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop8.6
Building Supply8.4
Convenience Store8.2

Location

340 6Th St Elko, NV 89801
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 9 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
904 6th, Wells, NV 89835 $1,650,000 Dec 2025 18,899 SF
635 6th, Wells, NV 89835-8008 $390,000 May 2025 4,053 SF
573 6th, Wells, NV 89835 $300,000 Oct 2023 5,108 SF
1561 6th, Wells, NV 89835 $1,700,000 Nov 2022 9,196 SF
676 6th, Wells, NV 89835 $25,000 Apr 2022 5,784 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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