Financial
Distress signals
Property profile

240 7Th St Elko, NV 89801

FOR SALE
Other industrial properties
Property ID
US62-0932462
8,109 SF 0.69 ac lot Built 1920
Last sale May 2020 · $300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a fully remodeled historic Lamoille Power building containing approximately 8,901 square feet of space that combines original historic elements with modern building systems. Interior features include preserved original fixtures, new LED lighting, radiant overhead heat, and a kitchenette. On site there is a preserved historic generator, and the building is equipped with a manual 10-ton overhead crane suitable for compatible work applications. The site includes 7 standard parking

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?
$6k
Tax billed · 2024
Assessed value$177k
Assessed land$15k
Assessed improvement$162k
Effective rate3.53%

Value estimate

· Sep 2026
$245k
$221k – $270k
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$4k
Operating expenses−$8k
NOI · 456.84% cap applied$19k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$636/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$117 – $1,184

Cap rate analysis

How does the asset earn?
456.84%
$19k 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?
ZC
JurisdictionELKO

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy9.4
Dry Cleaner8.9
Furniture Store8.6

Location

240 7Th St Elko, NV 89801
County assessor Recorded deeds · 2 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
106 Frnt, Elko, NV 89801-7608 $900,000 Feb 2026 7,200 SF
2155 Last Chance, Elko, NV 89801-5100 $1,200,000 Jan 2026 6,400 SF
2255 Last Chance, Elko, NV 89801-5104 $1,200,000 Feb 2025 6,400 SF
2580 Alta Vis, Elko, NV 89801-5601 $1,196,600 Aug 2023 8,240 SF
356 Riv, Elko, NV 89801 $675,000 May 2023 8,530 SF
184 Riv, Elko, NV 89801 $675,000 May 2023 11,990 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?”
More about this property
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