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Property profile & analytics
OFF-MARKET
Estimated value
$16,245,000
Assisted living facilities
2850 Ruby Vis Dr Elko, NV 89801-1615
Entity Owned
Free & Clear
Property ID
US62-0929442
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1999
Total area
40,690 SF
Lot
10 ac (435,600 SF)
Zoning code
ZC
APN
001-564-040
UPID
US62-0929442
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Highland Village of Elko Nursing Home
-
Brigit Venters Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$18.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.25M
Owner & transaction history
Highland Manor Of Elko Holdings LLC
Highland Manor Of Elko Holdings LLC
since 2025
Last sale
$14.3M
4 recorded transactions
Zoning & alternative use
ZC · Elko, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Elko submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elko submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$18,235,000
ML approach
$18,235,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$16.25M
Range $14.62M – $17.87M · ±10% · vs last sale $14.25M (May 19 2025)
Last sale anchor
$14.25M
May 19 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$399 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$105,044
Tax year 2024
Assessed value
$4,859,225
Assessed 2024
Previous assessed
$4,859,225
+0.0% YoY
Effective rate
2.16%
On assessed value
Assessed land
$201,548
Assessed improvement
$4,657,677
Land market value
$575,851
Improvement market value
$13,307,649
Total market value
$13,883,500
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1999
Heating
NONE
Buildings
3
Stories
1
Units
5
Total area
40,690 SF
Lot
10 ac (435,600 SF)
Zoning code
ZC
APN
001-564-040
UPID
US62-0929442
Jurisdiction
ELKO
Zoning & alternative use
ZC · Elko, NVZoning ZC · permitted uses
ZC · Elko, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1999
Heating
NONE
Stories
1
Buildings
3
Units
5
Lot
10 ac
Current owner
From public records · entity-resolved
Highland Manor Of Elko Holdings LLC
Entity
Free & Clear · 0 yrs held
Mailing address
285 S FARNHAM ST, GALESBURG, IL 61401-5323
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2025
$14,253,000
Highland Manor Of Elko Holdings LLC
Highland Manor Elko Prop Holdings L
Deed
—
Apr 22, 2024
$18,235,000
Edwin Enterprises LLC
Elko Ruby Vista LLC
Bargain And Sale Deed
$28,500,000 · Metropolitan Commercial Bank
Dec 30, 2011
$17,000,000
Elko Ruby Vista LLC
Edwin Ents LLC
Grant Deed
related
—
Dec 16, 2011
$13,500,000
Elko Ruby Vista LLC
Edwin Ents LLC
Grant Deed
$13,302,500 · Cambridge Realty Capital Ltd
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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