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Property profile & analytics
OFF-MARKET
Estimated value
$1,270,000
Commercial real estate
1106 Chestnut St Carlin, NV 89822-9995
Entity Owned
4-yr Hold
Free & Clear
Property ID
US62-0919725
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1998
Total area
6,088 SF
Lot
1 ac (43,560 SF)
Zoning code
COM
APN
002-030-043
UPID
US62-0919725
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
-
United States Postal Service Money Order Service Shipping And Mailing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.34M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.62M
Blend (final)
Blend
$1.27M
Owner & transaction history
Western Postal Realty Holdings LLC · 4 yrs held
Western Postal Realty Holdings LLC
since 2021
Last sale
$1.3M
5 recorded transactions
Zoning & alternative use
COM · Carlin, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+33.2%
Office building
$1.0M
+27.7%
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 Carlin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carlin 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
$1,335,000
ML approach
$1,335,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$815,000
Current use
AUTO REPAIR, GARAGE
$1,085,000
Change: +33% · Conversion: Difficult
OFFICE BUILDING
$1,040,000
Change: +28% · Conversion: Easy
Blend value · Realmo final
$1.27M
Range $1.14M – $1.40M · ±10% · vs last sale $1.26M (Dec 30 2021)
Last sale anchor
$1.26M
Dec 30 2021
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
$209 / 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
$13,259
Tax year 2024
Assessed value
$370,161
Assessed 2024
Previous assessed
$370,161
+0.0% YoY
Effective rate
3.58%
On assessed value
Assessed land
$39,900
Assessed improvement
$330,261
Land market value
$114,000
Improvement market value
$943,603
Total market value
$1,057,603
Applied tax rate
10.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1998
Heating
YES
Stories
1
Units
1
Total area
6,088 SF
Lot
1 ac (43,560 SF)
Zoning code
COM
APN
002-030-043
UPID
US62-0919725
Jurisdiction
ELKO
Zoning & alternative use
COM · Carlin, NV
Zoning COM · permitted uses
COM · Carlin, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carlin. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$815,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1998
Heating
YES
Stories
1
Units
1
Lot
1 ac
Current owner
From public records · entity-resolved
Western Postal Realty Holdings LLC
Entity
Free & Clear · 4 yrs held
Mailing address
75 COLUMBIA AVE, CEDARHURST, NY 11516-2011
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2021
$1,260,000
Western Postal Realty Holdings LLC
Pony Express Station LLC
Bargain And Sale Deed
—
Mar 31, 2017
—
Pony Express Station LLC
Pony Express Station LLC
Intrafamily Transfer
related
$600,000 · Western Alliance Bank
Jan 27, 2017
—
Pony Express Station Series B
Frey Charles P JR Trust
Grant Deed
—
Jan 3, 2017
$444,000
Frey,charles P JR Family Trust
Esposito,joseph E
Grant Deed
—
Dec 29, 2016
$887,500
Joseph E Esposito
Carlin Post Office LLC
Grant Deed
—
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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