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Property profile & analytics
OFF-MARKET
Estimated value
$1,735,000
Hotels
3021 Idaho St Elko, NV 89801-4604
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US62-0549214
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1981
Total area
7,168 SF
Lot
3.45 ac (150,282 SF)
Zoning code
ZC
APN
001-860-0BF
UPID
US62-0549214
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
-
Motel 6 Elko, NV Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.71M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$1.74M
Owner & transaction history
New Green Hospitality LLC · 3 yrs held
New Green Hospitality LLC
since 2023
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
ZC · Elko, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.3M
+54.9%
Office building
$1.2M
+40.9%
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
$1,625,000
ML approach
$1,705,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,330,000
Change: +55% · Conversion: Difficult
OFFICE BUILDING
$1,210,000
Change: +41% · Conversion: Difficult
Blend value · Realmo final
$1.74M
Range $1.56M – $1.91M · ±10% · vs last sale $1.80M (Jun 1 2023)
Last sale anchor
$1.80M
Jun 1 2023
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
$242 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$30,588
Tax year 2023
Assessed value
$824,286
Assessed 2023
Previous assessed
$824,286
+0.0% YoY
Effective rate
3.71%
On assessed value
Assessed land
$82,110
Assessed improvement
$742,176
Land market value
$234,600
Improvement market value
$2,120,503
Total market value
$2,355,103
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1981
Heating
PACKAGE
Buildings
4
Stories
2
Units
4
Total area
7,168 SF
Lot
3.45 ac (150,282 SF)
Zoning code
ZC
APN
001-860-0BF
UPID
US62-0549214
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
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.2M
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1981
Heating
PACKAGE
Stories
2
Buildings
4
Units
4
Lot
3.45 ac
Current owner
From public records · entity-resolved
New Green Hospitality LLC
Entity
Mailing address
2021 E IDAHO ST, ELKO, NV 89801-2628
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2023
—
New Green Hospitality LLC
Star Hospitality LLC
Re-recorded Document
related
—
Jun 1, 2023
$1,800,000
New Green Hospitality LLC
Star Hospitality LLC
Bargain And Sale Deed
—
Jan 23, 2020
—
Star Hospitality LLC
—
Deed
related
$215,000 · Nevada Bk&tr
Mar 20, 2019
$775,000
Star Hospitality LLC
G6 Hospitality Property LLC
Grant Deed
—
Sep 18, 2017
—
G6 Hospitality Property LLC
—
Loan Modification
related
$2,075,000,000 · Jp Morgan Chase Bk
Aug 7, 2017
—
G6 Hospitality Property LLC
—
Grant Deed
related
$2,009,999,900 · Jp Morgan Chase Bk
Nov 2, 2012
—
G6 Hospitality Property LLC
—
Deed Of Trust
related
$1,050,000,000 · J P Morgan Chase Bank
Sep 11, 2012
$559,442
G6 Hospitality Property LLC
Acrem 11 LP Nev
Grant Deed
—
Sep 11, 2012
$4,818,256
G6 Hospitality Property LLC
M-six Creditvest II LP Nev
Grant Deed
—
—
—
Star Hospitality LLC
—
Deed Of Trust
related
$215,000 · Nevada Bk&tr
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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