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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Bars & Pubs
401 Railroad St Elko, NV 89801-3763
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US62-0916984
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1922
Total area
15,840 SF
Lot
0.09 ac (3,964 SF)
Zoning code
ZC
APN
001-265-018
UPID
US62-0916984
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
-
1864 Bail Law Firm
-
Just For You Medical Clinic Skin Care Clinic
-
Phoenix IT Advisors (formerly Master Computing) Tech Support Center IT Consulting Firm
-
Bradshaw Law LLC Law Firm
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$605k
Owner & transaction history
Cavanaugh & Cavanaugh LLC · 13 yrs held
Cavanaugh & Cavanaugh LLC
since 2013
6 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
$38 / 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
$10,970
Tax year 2024
Assessed value
$340,672
Assessed 2024
Previous assessed
$340,672
+0.0% YoY
Effective rate
3.22%
On assessed value
Assessed land
$11,110
Assessed improvement
$329,562
Land market value
$31,743
Improvement market value
$941,606
Total market value
$973,349
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1922
Heating
NONE
Cooling
REFRIGERATOR
Stories
4
Units
1
Total area
15,840 SF
Lot
0.09 ac (3,964 SF)
Zoning code
ZC
APN
001-265-018
UPID
US62-0916984
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
1922
Heating
NONE
Cooling
Yes
Stories
4
Units
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Cavanaugh & Cavanaugh LLC
Entity
Mailing address
401 RAILROAD ST STE #312, ELKO, NV 89801-3758
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 23, 2022
—
Cavanaugh & Cavanaugh LLC
—
Deed
related
$200,000 · Elko FCU
Jun 2, 2021
—
Cavanaugh & Cavanaugh LLC
—
Deed
related
$525,000 · Elko FCU
Jul 13, 2020
—
Cavanaugh & Cavanaugh LLC
—
Deed
related
$350,000 · Elko FCU
Apr 17, 2013
$525,000
Cavanaugh & Cavanaugh LLC
Reed Diana
Grant Deed
$140,500 · Laprill Obrien
Jun 7, 2005
$575,000
Diana Reed
Henderson Bank Building LLC
Grant Deed
$450,000 · Henderson Bank Building LLC
—
—
Cavanaugh & Cavanaugh LLC
—
Loan Modification
related
$525,000 · Elko FCU
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.
Try Rey
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