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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Hotels
770 Ave O O Ely, NV 89301-2919
Entity Owned
2-yr Hold
Free & Clear
Property ID
US62-0534181
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1978
Total area
7,372 SF
Lot
1579 ac (68,781,240 SF)
APN
002-280-02
UPID
US62-0534181
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$425k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$950k
Blend (final)
Blend
$690k
Owner & transaction history
Bluestone Holdings LP · 2 yrs held
Bluestone Holdings LP
since 2024
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$845,000
+38.3%
Commercial (general)
$745,000
+22.0%
Industrial (general)
$720,000
+17.7%
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 Ely submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ely 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
Method
Estimation
Statistic approach
by Request
ML approach
$425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$610,000
Current use
OFFICE BUILDING
$845,000
Change: +38% · Conversion: Difficult
COMMERCIAL (GENERAL)
$745,000
Change: +22% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$720,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$690k
Range $621k – $759k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$94 / SF
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 2023Property tax & assessments
Tax year 2023
Tax billed
$18,499
Tax year 2023
Assessed value
$437,141
Assessed 2023
Previous assessed
$411,634
+6.2% YoY
Effective rate
4.23%
On assessed value
Assessed land
$53,240
Assessed improvement
$383,901
Land market value
$152,115
Improvement market value
$1,096,859
Total market value
$1,248,974
Applied tax rate
15.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1978
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
4
Stories
2
Total area
7,372 SF
Lot
1579 ac (68,781,240 SF)
APN
002-280-02
UPID
US62-0534181
Jurisdiction
WHITE PINE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$610,000
OFFICE BUILDING
Est. value
$845,000
COMMERCIAL (GENERAL)
Est. value
$745,000
INDUSTRIAL (GENERAL)
Est. value
$720,000
HOTEL/MOTEL Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1978
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Buildings
4
Lot
1579 ac
Current owner
From public records · entity-resolved
Bluestone Holdings LP
Entity
Free & Clear · 2 yrs held
Mailing address
1013 BRK ST, CEDAR CITY, UT 84721-4037
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Sep 27, 2024
—
Ely Hospitality LLC
—
Deed
related
$2,258,550 · Capital Community Bank
Jun 27, 2024
—
Bluestone Holdings LP
Ely Hospitality LLC
Deed
—
Jul 23, 2021
—
Bluestone Holdings LP
Ely Hospitality LLC
Warranty Deed
—
Jul 21, 2015
$2,650,000
Ely Hospitality LLC
B & G Hospitality LLC
Grant Deed
$2,315,000 · Bbcn Bk
Nov 9, 2011
$2,200,000
B & G Hospitality LLC
Motel 6 Operating LP
Grant Deed
$1,500,000 · Commonwealth Business Bank
Oct 24, 2011
—
Motel 6 Operating LP
Motel 6 INC
Quit Claim Deed
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.
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