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Financial
Distress signals
Property profile

647 Humboldt Ave Wells, NV 89835

FOR SALE
Grocery and convenience stores
Property ID
US62-0916506
14,050 SF 3 ac lot Built 1993
Last sale May 2008
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a tenant-occupied grocery and convenience retail building containing approximately 14,050 square feet situated on about 2.72 acres. The interior layout includes a mezzanine level with two offices, including a manager’s office overlooking the store floor. A loading dock provides rear access for deliveries and operations. The building is located just off Interstate 80 with access serving both local shoppers and pass-through travelers, and it shares a common wall with Wells Auto &…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$12k
Tax billed · 2024
Assessed value$382k
Assessed land$40k
Assessed improvement$341k
Effective rate3.24%

Value estimate

· Oct 2026
$280k
$252k – $308k
Submarket $/SF estimate$1.50M
NOI build-up
Gross scheduled income$219k
Vacancy & credit loss−$14k
Operating expenses−$51k
NOI · 15.33% cap applied$153k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$120/SF
County average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$78 – $152

Cap rate analysis

How does the asset earn?
15.33%
$153k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
TC
The tourist commercial district is established to provide space for highway and tourist related enterprises adjacent to major routes of t...
General categoryCOMMERCIAL
JurisdictionELKO

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop8.6
Building Supply8.4
Storage Facility8.2

Location

647 Humboldt Ave Wells, NV 89835
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 6 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
496 7th, Wells, NV 89835 $26,000 Mar 2019 1,540 SF
1196 6th, Wells, NV 89835 $170,000 Feb 2019 1,142 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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