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Property profile & analytics
OFF-MARKET
Auto shops
1541 Clover Ave Wells, NV 89835
Individually Owned
Free & Clear
Property ID
US62-0919171
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1970
Construction
CONCRETE BLOCKS
Total area
1,280 SF
Lot
0.17 ac (7,492 SF)
Zoning code
R2
APN
002-546-005
UPID
US62-0919171
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
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
DAVID L BROUGH
DAVID L BROUGH
Zoning & alternative use
R2 · Wells, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
10-7-5: R-2 RESIDENTIAL MEDIUM AND HIGH DENSITY DISTRICT: This district is for multiple permanent residential dwellings: A. Regular Permitted Uses And Limitations: Mobile residences - with MH combining district. Multiple permanent residences - apartments or condominiums not to exceed six (6) dwelling units. Single-family residences which meet the development…
Zone name
Residential Medium And High Density
General category
RESIDENTIAL
Zone area
160.97 ac
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 Wells submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wells 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
$386
Tax year 2024
Assessed value
$12,745
Assessed 2024
Previous assessed
$12,745
+0.0% YoY
Effective rate
3.03%
On assessed value
Assessed land
$2,625
Assessed improvement
$10,120
Land market value
$7,500
Improvement market value
$28,914
Total market value
$36,414
Applied tax rate
12.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1970
Construction
CONCRETE BLOCKS
Heating
SPACE
Stories
1
Units
1
Total area
1,280 SF
Lot
0.17 ac (7,492 SF)
Zoning code
R2
APN
002-546-005
UPID
US62-0919171
Jurisdiction
ELKO
Zoning & alternative use
R2 · Wells, NVZoning R2 · permitted uses
R2 · Wells, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
10-7-5: R-2 RESIDENTIAL MEDIUM AND HIGH DENSITY DISTRICT: This district is for multiple permanent residential dwellings: A. Regular Permitted Uses And Limitations: Mobile residences - with MH combining district. Multiple permanent residences - apartments or condominiums not to exceed six (6) dwelling units. Single-family residences which meet the development standards set forth in section 10-7-19 of this chapter. Two-family residential dwellings. (Ord. 179, 6-24-1997) B. Accessory Permitted Uses: Children's playhouse.
Zone name
Residential Medium And High Density
General category
RESIDENTIAL
Zone area
160.97 ac
Building & site characteristics
From public records
Year built
1970
Construction
CONCRETE BLOCKS
Heating
SPACE
Stories
1
Units
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
DAVID L BROUGH
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 2446, ROCK SPRINGS, WY 82902-2446
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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.
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