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Property profile & analytics
OFF-MARKET
Estimated value
$2,295,000
Motels
2970 Idaho St Elko, NV 89801-4644
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US62-0919380
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1999
Total area
26,298 SF
Lot
1 ac (43,560 SF)
Zoning code
ZC
APN
001-560-083
UPID
US62-0919380
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
-
Comfort Inn Elko Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.32M
Comparable Approach
Comparable
$1.86M
Blend (final)
Blend
$2.30M
Owner & transaction history
Bjcr LLC · 11 yrs held
Bjcr LLC
since 2015
5 recorded transactions
Zoning & alternative use
ZC · Elko, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.4M
+8.6%
Warehouse, storage
$3.4M
+7.7%
Retail stores
$3.2M
+1.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,510,000
6.5%
$2,320,000
7%
$2,150,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$3,150,000
Current use
COMMERCIAL (GENERAL)
$3,420,000
Change: +9% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,390,000
Change: +8% · Conversion: Difficult
RETAIL STORES
$3,195,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$2.30M
Range $2.07M – $2.52M · ±10%
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
$87 / 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
$40,944
Tax year 2024
Assessed value
$1,135,490
Assessed 2024
Previous assessed
$1,135,490
+0.0% YoY
Effective rate
3.61%
On assessed value
Assessed land
$70,875
Assessed improvement
$1,064,615
Land market value
$202,500
Improvement market value
$3,041,757
Total market value
$3,244,257
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1999
Heating
HEAT PUMP
Stories
2
Units
1
Total area
26,298 SF
Lot
1 ac (43,560 SF)
Zoning code
ZC
APN
001-560-083
UPID
US62-0919380
Jurisdiction
ELKO
Zoning & alternative use
ZC · Elko, NV
Zoning ZC · permitted uses
ZC · Elko, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Elko. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$3.2M
COMMERCIAL (GENERAL)
Est. value
$3.4M
WAREHOUSE, STORAGE
Est. value
$3.4M
RETAIL STORES
Est. value
$3.2M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Heating
HEAT PUMP
Stories
2
Units
1
Lot
1 ac
Current owner
From public records · entity-resolved
Bjcr LLC
Entity
Mailing address
736 IDAHO ST, ELKO, NV 89801-3824
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2025
—
Bjcr LLC
—
Deed
related
$75,000 · Nevada Bank & Trust Co
Apr 23, 2015
—
Bjcr LLC
El Neva Motel Ptshp
Grant Deed
related
—
Mar 4, 2014
—
B Je C R LLC
Bhai,bharat
Quit Claim Deed
—
—
—
Bjcr LLC
—
Deed Of Trust
related
$1,750,000 · Nevada Bk&tr
—
—
El Neva Motel Ptshp
—
Deed Of Trust
related
$1,570,085 · Nevada Bank & Trust Co
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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