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Property profile & analytics
OFF-MARKET
Retail space
524 Frnt St Elko, NV 89801-4226
Entity Owned
4-yr Hold
Free & Clear
Property ID
US62-0536298
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1972
Total area
616 SF
Lot
0.29 ac (12,632 SF)
Zoning code
ZC
APN
001-423-001
UPID
US62-0536298
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
by Request
Owner & transaction history
Faro LLC · 4 yrs held
Faro LLC
since 2022
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
$2,690
Tax year 2023
Assessed value
$73,438
Assessed 2023
Previous assessed
$73,438
+0.0% YoY
Effective rate
3.66%
On assessed value
Assessed land
$22,143
Assessed improvement
$51,295
Land market value
$63,266
Improvement market value
$146,557
Total market value
$209,823
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1972
Heating
NONE
Buildings
2
Stories
1
Units
4
Total area
616 SF
Lot
0.29 ac (12,632 SF)
Zoning code
ZC
APN
001-423-001
UPID
US62-0536298
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
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Stories
1
Buildings
2
Units
4
Lot
0.29 ac
Current owner
From public records · entity-resolved
Faro LLC
Entity
Free & Clear · 4 yrs held
Mailing address
524 FRNT ST, ELKO, NV 89801-4226
Ownership since
2022
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
Jun 16, 2022
—
Faro LLC
Efren M Aguirre
Bargain And Sale Deed
—
Aug 13, 2021
—
Noel P Aguirre
—
Deed
related
$104,750 · Rural Nevada Development Corp
Sep 9, 2019
$390,000
Aguirre,noel P Family Trust
Cook,larry W
Grant Deed
—
Jun 3, 2013
$6,427
Rebecca Erickson
Treasurer Of Elko County
Tax Deed
related
—
Jul 1, 2010
—
Larry W Cook
Cook,veronica
Quit Claim Deed
related
$370,000 · John E Williams
Jul 1, 2010
$375,000
Larry W Cook
Williams,john E
Grant Deed
—
Feb 13, 2006
$25,000
John E Williams
Claridge Family Trust
Grant Deed
—
Dec 28, 2004
—
Claridge Trust
Claridge Rex C & S Y Trust
Quit Claim Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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