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    Property profile & analytics

    2640 Ruby Vista Dr Elko, NV 89801

    • Office buildings
    • 5,869 SF
    • 1.00 lot acres
    For Sale
    View listing
    $990,000
    Value Estimation
    Last Sale
    Apr 04, 2025
    $990,000
    Location Intelligence
    Property ID
    US62-0929424
    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

    • Gold Rush Harley-Davidson / Harley-Davidson Dealer

    Property Details for 2640 Ruby Vista Dr

    Year built
    2009
    Construction
    METAL FRAME
    Lot size
    1.00 lot acres
    Property size
    5,869 SF
    Zone code
    ZC
    Property type
    Office buildings
    APN
    001-564-031
    APU
    1564031

    Description

    This exceptional commercial property, located at 2640 Ruby Vista Drive in Elko, Nevada, presents a significant investment opportunity. The building boasts a substantial 5,869 square feet of space, offering ample room for a variety of commercial uses. Situated on a generous 0.86-acre lot, the property provides ample parking and potential for expansion or outdoor amenities. The asking price is $990,000, representing a compelling value for a property of this size and location in Elko. The building's versatile layout and substantial square footage make it suitable for a wide range of businesses. Its prime location in Elko offers excellent visibility and accessibility, ensuring high traffic and potential for strong customer engagement. The property is ready for immediate occupancy, providing a seamless transition for new owners. Serious inquiries are encouraged to explore the full potential of this exceptional commercial real estate offering. The 0.86-acre lot provides significant flexibility for future development or expansion, catering to the evolving needs of a growing business. This is a rare opportunity to acquire a substantial commercial property in a thriving Nevada market. Don't miss out on this chance to secure a prime location for your business ventures.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $775,000

    • CAP approach

      CAP return
      Estimation
      6%
      $920,000
      6.5%
      $1,085,000
      7%
      $960,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,140,000
      Geo Method
      $1,095,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,095,000
      Retail
      $995,000
      Mixed-Use
      $1,165,000
      Hospitality
      $840,000
      Educational
      $1,150,000
      Residential Income
      $935,000
      Energy
      $1,080,000
      Income-Based Land
      $880,000
      Food Service
      $855,000

    Location Insight

    • Map
    • Local Demand
    City
    Elko
    County
    Elko
    State
    Nevada
    Longitude
    -115.747
    Latitude
    40.857
    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
    $9,477
    $30,100
    $234,839
    $264,939
    -
    $86,000
    $670,969
    $756,969

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    • Value Estimation by Request
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      3900 Idaho St

      OFFICE BUILDING • 16,200 SF
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      View Details

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      Elko Commercial Land: 5.74 Acres

      Prime Elko commercial land, I/C zoning underway.
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    2640 Ruby Vista Dr
    Elko, NV 89801
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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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