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    Property profile & analytics

    700 Park Ave Ely, NV 89301-7828

    • Turn key restaurants
    • 2,196 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 13, 2023
    $50,000
    Location Intelligence
    Property ID
    US62-0556410
    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

    • Twin Wok Restaurant / Chinese Restaurant

    Property Details for 700 Park Ave

    Year built
    1979
    Lot size
    0.33 lot acres
    Property size
    2,196 SF
    Property type
    Turn key restaurants
    APN
    002-131-01
    APU
    213101

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ely
    County
    White Pine
    State
    Nevada
    Longitude
    -114.872
    Latitude
    39.2502

    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
    $2,388
    $14,374
    $49,894
    $64,268
    -
    $41,069
    $142,555
    $183,624

    Comparable in this City

    • Value Estimation
      $215,000
      2,871 SF

      1204 Aultman St

      RESTAURANT • 2,871 SF
      1204 Aultman St, Ely, NV 89301-1643
      View Details
    • Value Estimation
      $900,000
      4,848 SF

      484 Aultman St

      RESTAURANT • 4,848 SF
      484 Aultman St, Ely, NV 89301-1551
      View Details
    • Value Estimation by Request
      1,364 SF

      1155 Aultman St

      RESTAURANT • 1,364 SF
      1155 Aultman St, Ely, NV 89301-2510
      View Details
    • Value Estimation
      $225,000
      3,910 SF

      2060 Aultman St

      RESTAURANT • 3,910 SF
      2060 Aultman St, Ely, NV 89301-1824
      View Details
    • Value Estimation
      $290,000
      6,704 SF

      700 Ave H H

      RESTAURANT • 6,704 SF
      700 Ave H H, Ely, NV 89301-2601
      View Details
    • Value Estimation
      $375,000
      4,904 SF

      556 Aultman St

      RESTAURANT • 4,904 SF
      556 Aultman St, Ely, NV 89301
      View Details

    Similar Nearby for Sale

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      Commercial/industrial property with insulated shop, office, and employee break-room.
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    • $500,000
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      Downtown Ely Land For Development

      Four parcels in downtown Ely suitable for new development.
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    700 Park Ave
    Ely, NV 89301-7828
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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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