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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Apartment buildings
449 Grant St, Elko, NV 89801
Trust Owned
~
Est. High Equity
Property ID
US62-0547570
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1959
Lot
0.29 ac (12,458 SF)
Zoning code
ZC
APN
001-444-010
UPID
US62-0547570
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$645k
Owner & transaction history
The Lipparelli Family 1991 Trust
The Lipparelli Family 1991 Trust
since 2025
Last sale
$645,955
7 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 2023Property tax & assessments
Tax year 2023
Tax billed
$645
Tax year 2023
Assessed value
$17,561
Assessed 2023
Previous assessed
$17,561
+0.0% YoY
Effective rate
3.67%
On assessed value
Assessed land
$13,060
Assessed improvement
$4,501
Land market value
$37,314
Improvement market value
$12,860
Total market value
$50,174
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1959
Heating
NONE
Units
6
Lot
0.29 ac (12,458 SF)
Zoning code
ZC
APN
001-444-010
UPID
US62-0547570
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
1959
Heating
NONE
Units
6
Lot
0.29 ac
Current owner
From public records · entity-resolved
The Lipparelli Family 1991 Trust
Trust
Mailing address
226 SILVER ST, ELKO, NV 89801-3655
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2025
$645,955
The Lipparelli Family 1991 Trust
Rce Development LLC
Bargain & Sale Deed
$653,517 · Dennis S Lipparelli Family 1991 Trust
Jun 24, 2016
—
Michael L Ayala
—
Deed
related
$96,388 · Lipparelli D S F 1991 Tr (pt)
Jun 30, 2010
$475,000
Rce Dev LLC
Boca Raton Capital LP
Grant Deed
$394,400 · Fournier Trust (pt)
Sep 15, 2004
—
Shady Elms Mobile Hm Park LLC
Tiare Huahine Trust
Grant Deed
related
—
Jan 29, 2004
$570,000
Sidow,james O & Marie Trust
Vintage Trailer Park LLC
Grant Deed
—
—
—
Boca Raton Capital
—
Deed Of Trust
$120,000 · Shady Elms Mobile Hm Park LLC
—
—
Michael L Ayala
—
Deed Of Trust
related
$249,620 · Lipparelli D S F 1991 Tr (pt)
—
—
Michael L Ayala
—
Deed Of Trust
related
$96,388 · Lipparelli D S F 1991 Tr (pt)
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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