Property profile

1501 Lamoille Hwy Elko, NV 89801

FOR SALE
Medical Office Space
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Property ID
US62-0929994
4,381 SF 1 ac Built 1993
Last sale Jan 2022·$900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

A 4,381-square-foot building constructed in 1993 located on 0.75 acres along Lamoille Hwy in Elko, Nevada. The interior is arranged with exam rooms, offices, and reception space, and includes a recent interior paint update. The layout is suited for continued medical use or can be reconfigured for professional office, clinic, retail, or service operations. The property sits within an established commercial corridor and provides substantial surrounding site area adjacent to the building.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$8k
Tax billed · 2024
Assessed value$206k
Assessed land$21k
Assessed improvement$185k
Effective rate3.66%

Value estimate

· Nov 2026
$735k
$662k – $809k
AI approach$790k
NOI build-up
Gross scheduled income$116k
Vacancy & credit loss−$16k
Operating expenses−$25k
NOI · 7.54% cap applied$75k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
7.54%
$75k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
ZC
JurisdictionELKO

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy11.2
Garden Center10.2
Parking Facility8.9

Location

1501 Lamoille Hwy Elko, NV 89801
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 17 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1260 6th, Elko, NV 89801-3242 $312,000 Jul 2025 1,652 SF
1784 Browning, Elko, NV 89801-8356 $750,000 Mar 2021 7,572 SF
2209 5th, Elko, NV 89801-2458 $165,000 Apr 2019 7,642 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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