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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Warehouses
184 Riv St Elko, NV 89801
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-0920332
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1979
Total area
11,990 SF
Lot
0.52 ac (22,825 SF)
Zoning code
ZGI
APN
001-381-001
UPID
US62-0920332
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
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$828k
Blend (final)
Blend
$630k
Owner & transaction history
Elite Storage Solutions LLC · 3 yrs held
Elite Storage Solutions LLC
since 2023
Last sale
$675,000
6 recorded transactions
Zoning & alternative use
ZGI · Elko, NV
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 Elko submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elko 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
$610,000
ML approach
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$630k
Range $567k – $693k · ±10% · vs last sale $675k (May 24 2023)
Last sale anchor
$675k
May 24 2023
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
$53 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$4,156
Tax year 2024
Assessed value
$113,485
Assessed 2024
Previous assessed
$113,485
+0.0% YoY
Effective rate
3.66%
On assessed value
Assessed land
$23,967
Assessed improvement
$89,518
Land market value
$68,477
Improvement market value
$255,766
Total market value
$324,243
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1979
Heating
NONE
Stories
1
Units
2
Total area
11,990 SF
Lot
0.52 ac (22,825 SF)
Zoning code
ZGI
APN
001-381-001
UPID
US62-0920332
Jurisdiction
ELKO
Zoning & alternative use
ZGI · Elko, NVZoning ZGI · permitted uses
ZGI · Elko, NV
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
1979
Heating
NONE
Stories
1
Units
2
Lot
0.52 ac
Current owner
From public records · entity-resolved
Elite Storage Solutions LLC
Entity
Mailing address
959 MONTROSE LN, ELKO, NV 89801-2472
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2023
$675,000
Elite Storage Solutions LLC
Sunny Assets LLP
Bargain And Sale Deed
$647,700 · Sunny Assets LLP
Apr 28, 2021
—
Gilbert G Thornburg
Gilbert E Thornburg
Intrafamily Transfer
related
—
Apr 15, 2021
—
Sunny Assets LLP
Gilbert G Thornburg
Grant Deed
—
Nov 16, 2011
—
Thornburg G & S Family Trust
Thornburg,gilbert G & Susan F
Quit Claim Deed
related
—
Nov 13, 2006
$325,000
Gilbert E Thornburg
Vaughan,robert O
Grant Deed
$99,619 · Vaughan Barbara S Trust (tr)
—
—
Gilbert B Thornburg
—
Deed Of Trust
related
$122,081 · Robert O Vaughan
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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