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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Strip malls
1028 Idaho St Elko, NV 89801-3900
Entity Owned
15-yr Hold
Absentee Owner
Free & Clear
Property ID
US62-0928523
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2014
Total area
6,768 SF
Lot
1 ac (43,560 SF)
Zoning code
ZC
APN
001-285-005
UPID
US62-0928523
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Maptek/KRJA Systems Ltd (Bike/Boat/Book/etc) Store Corporate Office
-
Fiiz DRINKS Restaurant
-
Edward Jones Financial Advisor
-
Edward Jones - Financial Advisor: Tara L Bybee Financial Advisor
-
Bei Capelli Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$815k
Owner & transaction history
VAUGHN INDUSTRIAL PARK
VAUGHN INDUSTRIAL PARK
Zoning & alternative use
ZC · Elko, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Elko submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elko submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
$1,185,000
6.5%
$1,095,000
7%
$1,015,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$935,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$925,000
Change: 0% · Conversion: Easy
OFFICE BUILDING
$775,000
Change: 0% · Conversion: Moderate
MEDICAL BUILDING
$745,000
Change: 0% · Conversion: Difficult
RESTAURANT
$645,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$575,000
Change: 0% · Conversion: Easy
AUTO REPAIR, GARAGE
$495,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$815k
Range $734k – $897k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$120 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$34,120
Tax year 2024
Assessed value
$970,857
Assessed 2024
Previous assessed
$970,857
+0.0% YoY
Effective rate
3.51%
On assessed value
Assessed land
$152,096
Assessed improvement
$818,761
Land market value
$434,560
Improvement market value
$2,339,317
Total market value
$2,773,877
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2014
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
6,768 SF
Lot
1 ac (43,560 SF)
Zoning code
ZC
APN
001-285-005
UPID
US62-0928523
Jurisdiction
ELKO
Zoning & alternative use
ZC · Elko, NVZoning ZC · permitted uses
ZC · Elko, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL)
Est. value
$935,000
COMMERCIAL (GENERAL)
Est. value
$925,000
OFFICE BUILDING
Est. value
$775,000
MEDICAL BUILDING
Est. value
$745,000
RESTAURANT
Est. value
$645,000
RETAIL STORES
Est. value
$575,000
AUTO REPAIR, GARAGE
Est. value
$495,000
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2014
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
1 ac
Current owner
From public records · entity-resolved
VAUGHN INDUSTRIAL PARK
Individual
Free & Clear · 0 yrs held
Mailing address
316 CALIFORNIA AVE #12, RENO, NV 89509-1650
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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