Back to Search
Property profile & analytics
OFF-MARKET
Office buildings
524 Walnut St Elko, NV 89801-2502
Trust Owned
13-yr Hold
Free & Clear
Property ID
US62-0929196
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1992
Total area
1,938 SF
Lot
0.17 ac (7,492 SF)
Zoning code
ZRB
APN
001-026-001
UPID
US62-0929196
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
-
Annie Thomas Nail Tech Nail Salon
-
Hair by Tayler Pirtle Hair Salon
-
Shears Hair Salon Nail Salon
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
Jacaway Family Trust · 13 yrs held
Jacaway Family Trust
since 2013
6 recorded transactions
Zoning & alternative use
ZRB · 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
$4,009
Tax year 2024
Assessed value
$116,100
Assessed 2024
Previous assessed
$116,100
+0.0% YoY
Effective rate
3.45%
On assessed value
Assessed land
$26,250
Assessed improvement
$89,850
Land market value
$75,000
Improvement market value
$256,714
Total market value
$331,714
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1992
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
1,938 SF
Lot
0.17 ac (7,492 SF)
Zoning code
ZRB
APN
001-026-001
UPID
US62-0929196
Jurisdiction
ELKO
Zoning & alternative use
ZRB · Elko, NV
Zoning ZRB · permitted uses
ZRB · 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
1992
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Jacaway Family Trust
Trust
Free & Clear · 13 yrs held
Mailing address
524 WALNUT ST, ELKO, NV 89801-2502
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
Apr 26, 2021
—
Jacaway Family Trust
—
Deed
related
—
Jul 11, 2016
—
Jacaway Family Trust
—
Deed
related
$300,000 · Us Bank NA
Apr 29, 2013
—
Jacaway Family Trust
Jacaway,gary L & Robin L
Quit Claim Deed
related
—
Apr 21, 2006
$345,000
Gary Jacaway
Sherwood John & G Fam Trust
Grant Deed
$300,000 · Us Bank Trust Co
—
—
John D Sherwood
—
Deed Of Trust
related
$177,000 · Bank Of America
—
—
Jacaway Family Trust
—
Loan Modification
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 524 Walnut St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
