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    Property profile & analytics

    218 Elks Pt Rd Zephyr Cove, NV 89448-9802

    • Office buildings
    • 12,003 SF
    • 0.63 lot acres
    OFF-MARKET
    Value Estimation
    $1,670,000
    Last Sale
    May 08, 2020
    $1,500,000
    Location Intelligence
    Property ID
    US62-0906012
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Peter P. Adamco Law Offices / Attorney
    • Mountain Resort Television / Television Station
    • Teshara Management Services / Business Management Consultant
    • Ageless Zen / Beauty Product Supplier / Health And Beauty Shop
    • Echan George W / Attorney

    Property Details for 218 Elks Pt Rd

    Year built
    1983
    Lot size
    0.63 lot acres
    Property size
    12,003 SF
    Property type
    Office buildings
    APN
    1318-15-802-007
    APU
    131815802007

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,755,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,500,000
      6.5%
      $1,520,000
      7%
      $1,465,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,530,000
      Geo Method
      $1,565,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,615,000
      Retail
      $1,470,000
      Mixed-Use
      $1,290,000
      Hospitality
      $1,600,000
      Educational
      $1,510,000
      Residential Income
      $1,295,000
      Energy
      $1,390,000
      Income-Based Land
      $1,570,000
      Food Service
      $1,635,000

    Location Insight

    • Map
    • Local Demand
    City
    Zephyr Cove
    County
    Douglas
    State
    Nevada
    Longitude
    -119.942
    Latitude
    38.9856
    CBSA code
    23820
    CBSA name
    GARDNERVILLE RANCHOS, NV MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $13,043
    $81,200
    $306,340
    $387,540
    -
    $232,000
    $875,257
    $1,107,257

    Comparable in this City

    • Value Estimation by Request
      5,264 SF

      625 Hwy 50

      PROFESSIONAL BUILDING • 5,264 SF
      625 Hwy 50, Zephyr Cove, NV 89448
      View Details
    • Value Estimation
      $420,000
      6,336 SF

      303 Dorla Ct

      PROFESSIONAL BUILDING • 6,336 SF
      303 Dorla Ct, Zephyr Cove, NV 89448
      View Details
    • Value Estimation
      $310,000
      4,020 SF

      124 Mcfaul Way, Unit 101202

      PROFESSIONAL BUILDING • 4,020 SF
      124 Mcfaul Way, Zephyr Cove, NV 89448-9807
      View Details
    • Value Estimation
      $1,025,000
      6,392 SF

      635 Hwy 50

      PROFESSIONAL BUILDING • 6,392 SF
      635 Hwy 50, Zephyr Cove, NV 89448
      View Details
    • Value Estimation
      $220,000
      3,840 SF

      120 Mcfaul Way

      PROFESSIONAL BUILDING • 3,840 SF
      120 Mcfaul Way, Zephyr Cove, NV 89448-9807
      View Details
    • Value Estimation
      $350,000
      19,472 SF

      310 Dorla Ct

      PROFESSIONAL BUILDING • 19,472 SF
      310 Dorla Ct, Zephyr Cove, NV 89448
      View Details

    Similar Nearby for Lease

    • $1,000 /Mo
      11,047 SF

      Modern Office Building For Lease

      Exceptional office building with modern amenities in Zephyr Cove, NV.
      625 Us Hwy, Zephyr Cove, NV 89448
      View Details
    • $24 SF/Yr
      500 SF

      Zephyr Cove Executive Office Space

      Prime Office Suite, 500 SF, Hwy 50
      605 Highway 50, Zephyr Cove, NV 89448
      View Details
    • $2.00 SF/Yr
      16,280 SF

      Professional Office Space Near Tahoe

      4,400 sq ft office space with Lake Tahoe views.
      177 Highway 50, Stateline, NV 89448
      View Details
    • $30 SF/Yr
      11,047 SF

      Zephyr Cove Office Space

      Prime NV Office Suites Available
      625 Highway 50, Zephyr Cove, NV 89448
      View Details
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    218 Elks Pt Rd
    Zephyr Cove, NV 89448-9802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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