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    Property profile & analytics

    1498 Lyons Ave Ely, NV 89301-1632

    • Hotels
    • 4,526 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    $170,000
    Last Sale
    Jul 01, 2024
    $192,000
    Location Intelligence
    Property ID
    US62-0964542
    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

    • Grand Central Motel Ely / Motel / Hotel

    Property Details for 1498 Lyons Ave

    Year built
    1952
    Lot size
    0.34 lot acres
    Property size
    4,526 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    001-215-01
    APU
    121501

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ely
    County
    White Pine
    State
    Nevada
    Longitude
    -114.883
    Latitude
    39.2505

    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
    $3,240
    $14,385
    $65,911
    $80,296
    -
    $41,100
    $188,317
    $229,417

    Comparable in this City

    • Value Estimation by Request
      15,000 SF

      795 Aultman St

      HOTEL/MOTEL • 15,000 SF
      795 Aultman St, Ely, NV 89301
      View Details
    • Value Estimation
      $910,000
      7,296 SF

      Ely, NV 89301

      HOTEL/MOTEL • 7,296 SF
      Ely, NV 89301
      View Details
    • Value Estimation by Request
      1,220 SF

      Us Hwy 93

      HOTEL/MOTEL • 1,220 SF
      Us Hwy 93, Ely, NV 89301
      View Details
    • Value Estimation
      $385,000
      5,057 SF

      1400 Aultman St

      HOTEL/MOTEL • 5,057 SF
      1400 Aultman St, Ely, NV 89301-1647
      View Details
    • Value Estimation
      $410,000
      5,376 SF

      Ely, NV 89301

      HOTEL/MOTEL • 5,376 SF
      Ely, NV 89301
      View Details
    • Value Estimation
      $435,000
      8,474 SF

      1101 Aultman St

      HOTEL/MOTEL • 8,474 SF
      1101 Aultman St, Ely, NV 89301-1642
      View Details

    Similar Nearby for Sale

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      Downtown Ely Hospitality Portfolio

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    • $1,400,000
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      Magnuson Hotel in Ely, Nevada

      Turnkey hotel with 19 rooms on main highway in Ely.
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    • $1,300,000
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      Magnuson Ely Hotel For Sale

      Turnkey hotel with 21 guest rooms on busy highway.
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    1498 Lyons Ave
    Ely, NV 89301-1632
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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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