2215 5th St Elko, NV 89801-2458
Property profile & analytics
2215 5th St, Elko, NV 89801-2458
- Office buildings
- 4,284 SF
- 0.41 lot acres
Property ID
US62-0926169
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.
Location Intelligence
Current Use by Public Records
- Mcewen Mining Inc. / Industrial Park / Production Facility
Property Details for 2215 5th St
- Year built
- 1998
- Lot size
- 0.41 lot acres
- Zone code
- ZLI
- Property type
- Office buildings
- APN
- 001-610-076
- APU
- 1610076
Description
This exceptional investment opportunity presents two single-story, Class B office buildings totaling 8,568 net rentable square feet, situated in Elko, Nevada's prime commercial zone at 2215 5th St, zip code 89801. Currently boasting 100% occupancy with three long-term franchisee tenants under a triple-net (NNN) lease structure, this stabilized investment offers a compelling 8% capitalization rate. The asking price is $2,300,000, translating to $268.44 per square foot. The property is zoned for commercial use and features a hands-free management structure, ideal for passive income seekers. This multi-tenant property provides significant cash flow potential with its established tenant base. The buildings are situated on a highly desirable location, ensuring continued strong performance. This is a rare opportunity to acquire a well-maintained, high-performing office portfolio in a thriving Nevada market. The property's strong tenant base and favorable lease terms contribute to its exceptional investment characteristics. This is a turnkey investment ready to generate immediate returns. The property's location in Elko, NV, offers excellent access to local amenities and a strong workforce. The buildings are well-maintained and present a professional image.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,200,000
- ML approach
- $2,200,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Elko
- County
- Elko
- State
- Nevada
- Longitude
- -115.778
- Latitude
- 40.8428
- CBSA code
- 21220
- CBSA name
- ELKO, 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
$8,628
$16,905
$218,788
$235,693
-
$48,300
$625,109
$673,409
