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Property profile & analytics
OFF-MARKET
Warehouses
1111 Water St Elko, NV 89801-3965
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US62-0548155
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1983
Construction
CONCRETE BLOCKS
Total area
4,600 SF
Lot
0.34 ac (15,028 SF)
Zoning code
ZGI
APN
001-630-007
UPID
US62-0548155
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
-
Glass Doctor of Elko General Contractor Renovation Specialist
-
Livestock Market Report Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
N2 Ents LLC · 11 yrs held
N2 Ents LLC
since 2015
3 recorded transactions
Zoning & alternative use
ZGI · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,353
Tax year 2024
Assessed value
$118,879
Assessed 2024
Previous assessed
$118,879
+0.0% YoY
Effective rate
3.66%
On assessed value
Assessed land
$26,299
Assessed improvement
$92,580
Land market value
$75,140
Improvement market value
$264,514
Total market value
$339,654
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1983
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Stories
1
Units
1
Total area
4,600 SF
Lot
0.34 ac (15,028 SF)
Zoning code
ZGI
APN
001-630-007
UPID
US62-0548155
Jurisdiction
ELKO
Zoning & alternative use
ZGI · Elko, NV
Zoning ZGI · permitted uses
ZGI · Elko, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Elko. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Stories
1
Units
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
N2 Ents LLC
Entity
Mailing address
1111 WATER ST, ELKO, NV 89801-3965
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2015
$465,100
N2 Ents LLC
Wrl Investment Co LLC
Grant Deed
$196,716 · Nevada Bk&tr
Dec 8, 2006
$350,000
Wrl Investment Co LLC
Marbo Ents LLC
Grant Deed
—
—
—
N2 Ents LLC
—
Deed Of Trust
related
$205,000 · Nevada St Dev
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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