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    Property profile & analytics

    7 Licht Pkwy Spring Creek, NV 89815-5667

    • Individual retail properties
    • 6,480 SF
    • 27.77 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US62-0570604
    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

    • Individual retail properties

    Property Details for 7 Licht Pkwy

    Year built
    2000
    Lot size
    27.77 lot acres
    Property size
    6,480 SF
    Zone code
    P
    Property type
    Individual retail properties
    APN
    055-001-002
    APU
    55001002

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spring Creek
    County
    Elko
    State
    Nevada
    Longitude
    -115.624
    Latitude
    40.7399
    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
    2023
    $0.00
    $53,457
    $1,270,906
    $1,324,363
    -
    $152,734
    $3,631,160
    $3,783,894

    Comparable in this City

    • Value Estimation
      $570,000
      13,354 SF

      14810 Lamoille Hwy

      GYM, HEALTH SPA • 13,354 SF
      14810 Lamoille Hwy, Spring Creek, NV 89815-8737
      View Details
    • Value Estimation by Request
      520 SF

      447 Spg Crk Pkwy

      BARBER, HAIR SALON • 520 SF
      447 Spg Crk Pkwy, Spring Creek, NV 89815-5310
      View Details
    • Value Estimation by Request
      5,720 SF

      117 Boyd Kennedy Rd

      GROCERY, SUPERMARKET • 5,720 SF
      117 Boyd Kennedy Rd, Spring Creek, NV 89815-8751
      View Details
    • Value Estimation
      $4,180,000
      3,464 SF

      266 Spg Crk Pkwy

      CONVENIENCE STORE • 3,464 SF
      266 Spg Crk Pkwy, Spring Creek, NV 89815-5822
      View Details
    • Value Estimation
      $230,000
      1,325 SF

      362 Spg Vly Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 1,325 SF
      362 Spg Vly Pkwy, Spring Creek, NV 89815-6728
      View Details
    • Value Estimation
      $295,000
      2,400 SF

      265 Spg Vly Pkwy

      CONVENIENCE STORE • 2,400 SF
      265 Spg Vly Pkwy, Spring Creek, NV 89815
      View Details

    Similar Nearby for Sale

    • $450,000
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      Commercial property ready for development with key infrastructure in place.
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    • Contact for pricing
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    • $165,000
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      Improved Land with Mountain Views

      4.56 acres with well, power, septic, and mountain views.
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    7 Licht Pkwy
    Spring Creek, NV 89815-5667
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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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