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Property profile & analytics
OFF-MARKET
Banks
321 5th St Elko, NV 89801-3705
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-0924092
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1916
Total area
8,820 SF
Lot
0.1 ac (4,530 SF)
Zoning code
ZC
APN
001-265-008
UPID
US62-0924092
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
-
Elko Downtown Business Association Association / Organization
-
Shannon Backherms Realtor S.0183043 with eXp Realty LLC Real Estate Agency
-
Chastity Harrell, Harrell Home Team EXP Realty NV. Lic #S.0189124 Real Estate Agency
-
Elko Business Center Business Service Center Corporate Office
-
Melissa McNutt, Realtor S.0192162 Backherms Group Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ash St Village LLC · 4 yrs held
Ash St Village LLC
since 2021
Last sale
$150,000
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,202
Tax year 2024
Assessed value
$206,637
Assessed 2024
Previous assessed
$206,637
+0.0% YoY
Effective rate
3.49%
On assessed value
Assessed land
$12,630
Assessed improvement
$194,007
Land market value
$36,086
Improvement market value
$554,306
Total market value
$590,392
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1916
Heating
NONE
Cooling
AC.PACKAGE
Stories
2
Units
1
Total area
8,820 SF
Lot
0.1 ac (4,530 SF)
Zoning code
ZC
APN
001-265-008
UPID
US62-0924092
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.
Building & site characteristics
From public records
Year built
1916
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Ash St Village LLC
Entity
Mailing address
959 MONTROSE LN, ELKO, NV 89801-2472
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Sep 21, 2021
$150,000
Ash St Village LLC
Dds Properties LLC
Quit Claim Deed
related
$150,000 · Dds Properties LLC
Sep 17, 2021
$850,000
Elko Business Center LLC
Enlighten LLC
Bargain And Sale Deed
$680,000 · Nevada Bank & Trust Co
Aug 2, 2021
$700,000
Enlighten LLC
Zb National Association
Bargain And Sale Deed
$72,000 · Aj Resources Lc
Jun 23, 2011
—
Nevada St. Bk
Great Basin Bank
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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