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Property profile & analytics
OFF-MARKET
Estimated value
$10,260,000
Casinos
1501 Aultman St Ely, NV 89301-2599
Entity Owned
1-yr Hold
Free & Clear
Property ID
US62-0762285
Property profile
Verified
Property type
Casinos
Use group
CASINO
Year built
1995
Total area
45,717 SF
Lot
3.48 ac (151,589 SF)
APN
002-261-04
UPID
US62-0762285
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
-
Margarita's Mexican Restaurant Restaurant
-
Electric Circuit Charging Station Electric Vehicle Charging Station
-
Cozy Cup Coffee Shop Cafe & Coffee Shop
-
Cardtronics ATM Atm
-
Sugar Plum Café Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.26M
Owner & transaction history
Terzetto LLC · 1 yrs held
Terzetto LLC
since 2024
Last sale
$10.3M
7 recorded transactions
Zoning & alternative use
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 Ely submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ely 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
$10,260,000
ML approach
$10,260,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.26M
Range $9.23M – $11.29M · ±10% · vs last sale $10.26M (Nov 6 2024)
Last sale anchor
$10.26M
Nov 6 2024
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
$224 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$58,319
Tax year 2023
Assessed value
$1,366,336
Assessed 2023
Previous assessed
$1,247,037
+9.6% YoY
Effective rate
4.27%
On assessed value
Assessed land
$74,943
Assessed improvement
$1,291,393
Land market value
$214,124
Improvement market value
$3,689,695
Total market value
$3,903,819
Applied tax rate
15.0000
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
Casinos
Use group
CASINO
Status
Off-Market
Year built
1995
Heating
NONE
Buildings
2
Stories
1
Total area
45,717 SF
Lot
3.48 ac (151,589 SF)
APN
002-261-04
UPID
US62-0762285
Jurisdiction
WHITE PINE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1995
Heating
NONE
Stories
1
Buildings
2
Lot
3.48 ac
Current owner
From public records · entity-resolved
Terzetto LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1501 E AULTMAN ST, ELY, NV 89301-2599
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2024
$10,262,011
Terzetto LLC
Prospector Enterprises Ely LLC
Bargain & Sale Deed
—
Mar 6, 2020
—
Prospector Ents Ely LLC
—
Deed
related
$280,723 · Bank Of Ut
Dec 31, 2019
—
Prospector Ents Ely LLC
—
Loan Modification
related
$11,056,519 · Bank Of Ut
May 18, 2018
—
Prospector Ents Ely LLC
—
Deed
related
$9,800,000 · Bank Of Ut
Apr 18, 2018
—
Prospector Ents Ely LLC
—
Grant Deed
related
$6,200,000 · Bank Of Ut
—
—
Prospector Ents Ely LLC
—
Deed Of Trust
related
$9,800,000 · Bank Of Ut
—
—
Prospector Ents Ely LLC
—
Loan Modification
related
$280,723 · Bank Of Ut
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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