Financial
Distress signals
Property profile

1509 6Th St Wells, NV 89835

FOR SALE
Motels
Property ID
US62-0931597
21,698 SF 1 ac lot Built 1992
Last sale Apr 2025 · $800,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$20k
Tax billed · 2024
Assessed value$584k
Assessed land$19k
Assessed improvement$565k
Effective rate3.38%

Value estimate

· Sep 2026
$555k
$500k – $611k
CAP approach$1.91M
Submarket $/SF estimate$1.31M
NOI build-up
Gross scheduled income$391k
Vacancy & credit loss−$129k
Operating expenses−$137k
NOI · 3.88% cap applied$124k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$120/SF
County average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$58 – $172

Cap rate analysis

How does the asset earn?
3.88%
$124k 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?
TC
The tourist commercial district is established to provide space for highway and tourist related enterprises adjacent to major routes of t...
General categoryCOMMERCIAL
JurisdictionELKO

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop8.6
Building Supply8.2
Convenience Store8.1

Location

1509 6Th St Wells, NV 89835
County assessor Recorded deeds · 4 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

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
904 6th, Wells, NV 89835 $1,650,000 Dec 2025 18,899 SF
635 6th, Wells, NV 89835-8008 $390,000 May 2025 4,053 SF
340 6th, Wells, NV 89835-8031 $300,000 Mar 2024 3,176 SF
573 6th, Wells, NV 89835 $300,000 Oct 2023 5,108 SF
1561 6th, Wells, NV 89835 $1,700,000 Nov 2022 9,196 SF
676 6th, Wells, NV 89835 $25,000 Apr 2022 5,784 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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