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    Property profile & analytics

    61 Main St Eureka, NV 89316-1500

    • Commercial real estate
    • 4,920 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $255,000
    Location Intelligence
    Property ID
    US62-0554373
    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.

    Current Use by Public Records

    • Owl Club Bar and Steakhouse / Bar & Grill
    • Owl Club Casino / Casino / Cafe
    • Owl Cafe / American Restaurant

    Property Details for 61 Main St

    Year built
    1947
    Lot size
    0.11 lot acres
    Property size
    4,920 SF
    Property type
    Commercial real estate
    APN
    001-102-05
    APU
    110205

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $215,000
      6.5%
      $240,000
      7%
      $220,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $245,000
      Geo Method
      $205,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $235,000
      Retail
      $275,000
      Mixed-Use
      $220,000
      Hospitality
      $260,000
      Educational
      $275,000
      Residential Income
      $200,000
      Energy
      $220,000
      Income-Based Land
      $250,000
      Food Service
      $255,000

    Location Insight

    • Map
    • Local Demand
    City
    Eureka
    County
    Eureka
    State
    Nevada
    Longitude
    -115.961
    Latitude
    39.5132
    CBSA code
    21220
    CBSA name
    ELKO, 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
    2024
    $2,278
    $4,437
    $97,332
    $101,769
    -
    $12,677
    $278,091
    $290,768

    Comparable in this City

    • Value Estimation by Request
      2,500 SF

      110 Main St

      COMMERCIAL (GENERAL) • 2,500 SF
      110 Main St, Eureka, NV 89316
      View Details
    • Value Estimation by Request
      2,470 SF

      600 Main St

      COMMERCIAL (GENERAL) • 2,470 SF
      600 Main St, Eureka, NV 89316-1530
      View Details
    • Value Estimation by Request
      7,749 SF

      351 Sr 278

      COMMERCIAL (GENERAL) • 7,749 SF
      351 Sr 278, Eureka, NV 89316
      View Details
    • Value Estimation
      $415,000
      3,184 SF

      711 11th St

      COMMERCIAL (GENERAL) • 3,184 SF
      711 11th St, Eureka, NV 89316
      View Details
    • Value Estimation
      $380,000
      3,360 SF

      301 Main St

      COMMERCIAL (GENERAL) • 3,360 SF
      301 Main St, Eureka, NV 89316
      View Details
    • Value Estimation
      $690,000
      1,960 SF

      291 Main St

      COMMERCIAL (GENERAL) • 1,960 SF
      291 Main St, Eureka, NV 89316-1511
      View Details

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    61 Main St
    Eureka, NV 89316-1500
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    Realmo Value Estimation

    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.

    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.

    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
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