Property profile

240 7Th St Elko, NV 89801

FOR SALE
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Property ID
US62-0932462
8,109 SF 0.69 ac Built 1920
Last sale May 2020·$300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This 3,408-square-foot warehouse at 240 7th Street is built with brick construction and features a metal roof, concrete flooring, and forced-air natural gas heating. The facility includes two 2-ton overhead cranes, a high-capacity air compressor, and a 200-amp, 3-phase electrical service, with gas and electric meters installed to support utility flexibility. A 1,400-square-foot overhang extends the covered working area. The property sits on a 0.68-acre parcel that is fully fenced and includes…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

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

· Nov 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 · 14 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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