Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    331 Winnemucca Blvd Winnemucca, NV 89445-3344
    Property profile & analytics

    331 Winnemucca Blvd Winnemucca, NV 89445-3344

    View on Map
    • Hotels
    • 6,789 SF
    • 0.43 lot acres
    Off-Market
    Last Sale Jul 1, 2022
    $975,000
    Property ID
    US62-0576015
    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.
    Value Estimations
    $935,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Liz Wilkin Real Estate, S.0197538 / Real Estate Agency
    • Liz Wilkin Real Estate, S.0197538, Next Home Gold Rush Realty / Real Estate Agency
    • Jenna Owen, Sales Manager/Mortgage Advisor, NMLS-1106184, Finance of America Mortgage / Loan Service / Bank
    • Janet Jacaway NextHome Gold Rush Realty, Owner/Broker B.1002443 / Real Estate Agency
    • NextHome Gold Rush Realty / Real Estate Agency

    Property Details for 331 Winnemucca Blvd

    Year built
    1958
    Construction
    CONCRETE BLOCKS
    Lot size
    0.43 lot acres
    Property size
    6,789 SF
    Zone code
    G-C
    Property type
    Hotels
    Property subtype
    Motels
    APN
    15-0428-03
    APU
    15042803

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $880,000
      ML approach
      $910,000

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $560,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $1,220,000
      Change: +118% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $590,000
      Change: +5% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Winnemucca
    County
    Humboldt
    State
    Nevada
    Longitude
    -117.738
    Latitude
    40.971
    CBSA code
    49080
    CBSA name
    WINNEMUCCA, 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
    2023
    $4,732
    $51,800
    $77,925
    $129,725
    -
    $148,000
    $222,643
    $370,643

    Comparable in this City

    • Value Estimation
      $3,195,000
      43,889 SF

      460 Winnemucca Blvd

      HOTEL/MOTEL • 43,889 SF
      460 Winnemucca Blvd, Winnemucca, NV 89445-2943
      View Details
    • Value Estimation
      $945,000
      6,710 SF

      375 Monroe St

      HOTEL/MOTEL • 6,710 SF
      375 Monroe St, Winnemucca, NV 89445-3615
      View Details
    • Value Estimation by Request
      32,938 SF

      125 Winnemucca Blvd

      HOTEL/MOTEL • 32,938 SF
      125 Winnemucca Blvd, Winnemucca, NV 89445-3026
      View Details
    • Value Estimation by Request
      1,818 SF

      320 Brg St

      HOTEL/MOTEL • 1,818 SF
      320 Brg St, Winnemucca, NV 89445-3111
      View Details
    • Value Estimation
      $3,170,000
      42,962 SF

      5830 Winnemucca Blvd

      HOTEL/MOTEL • 42,962 SF
      5830 Winnemucca Blvd, Winnemucca, NV 89445-2953
      View Details
    • Value Estimation
      $510,000
      5,526 SF

      740 Winnemucca Blvd

      HOTEL/MOTEL • 5,526 SF
      740 Winnemucca Blvd, Winnemucca, NV 89445-3628
      View Details

    Similar Nearby for Sale

    • $51,000
      41.56 Acres

      Land with Private Airstrip Potential

      41-acre parcel with airstrip, geothermal potential, and agricultural suitability.
      0507340 Rng 33E, Winnemucca, NV 89445
      View Details
    • Contact for pricing

      Assemblage at I-80 and 289

      Highly visible land with multiple zoning and allowable uses.
      1290 E 2Nd St, Winnemucca, NV 89445
      View Details
    • Contact for pricing

      Land in Winnemucca, Nevada

      Land available in Winnemucca, Nevada, a crossroads location.
      3235 Traders Way, Winnemucca, NV 89445
      View Details
    • Contact for pricing
      9,302 SF

      Downtown Winnemucca Commercial Building

      Commercial building in downtown Winnemucca, suitable for retail or restaurant.
      47 E Winnemucca Blvd, Winnemucca, NV 89445
      View Details
    • $299,000
      0.43 Acres

      Winnemucca Commercial Lot For Sale

      0.43 acre commercial lot visible from Winnemucca Blvd.
      99 West 4Th St, Winnemucca, NV 89445
      View Details
    • $65,000
      0.22 Acres

      Residential Land in Winnemucca, NV

      Land with views, suitable for a home or investment.
      16059217 Offenhauser Dr, Winnemucca, NV 89445
      View Details

    Similar Nearby for Lease

    • $1.33 SF/Yr
      5,928 SF

      Winnemucca Office Building For Rent

      Office building with medical office setup available for rent.
      830 Fairgrounds Rd, Winnemucca, NV 89445
      View Details
    • $1.33 SF/Yr

      Winnemucca Office Building For Rent

      5,928 SF office building, currently set up as medical office.
      830 Fairgrounds Rd, Winnemucca, NV 89445
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    331 Winnemucca Blvd
    Winnemucca, NV 89445-3344
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    331 Winnemucca Blvd, Winnemucca, NV, 89445
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!