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Property profile & analytics
OFF-MARKET
Estimated value
$5,090,000
Strip malls
780 Silver St Elko, NV 89801-3819
Entity Owned
2-yr Hold
Free & Clear
Property ID
US62-0920644
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2014
Construction
CONCRETE BLOCKS
Total area
24,420 SF
Lot
2 ac (87,120 SF)
Zoning code
ZC
APN
001-691-005
UPID
US62-0920644
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
Current use
Occupant on record · Public records
-
Empower Fitness Gym & Fitness Center
-
Ignite Life Chiropractic: Elko Chiropractor Alternative Medicine Practice
-
Bailey Homes Construction Company General Contractor
-
Dr. Joshua Byers Alternative Medicine Practice
-
Crest Heights Company Of Nevada Home Inspector
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.09M
CAP Approach
CAP
$3.95M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.09M
Owner & transaction history
Mj Delong Holdings Edens Landing Se · 2 yrs held
Mj Delong Holdings Edens Landing Se
since 2024
Last sale
$5.1M
3 recorded transactions
Zoning & alternative use
ZC · Elko, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Elko submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elko 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
$5,090,000
ML approach
$5,090,000
CAP Approach
CAP Return
Estimation
6%
$4,280,000
6.5%
$3,950,000
7%
$3,670,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,370,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,335,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$5.09M
Range $4.58M – $5.60M · ±10% · vs last sale $5.09M (Feb 9 2024)
Last sale anchor
$5.09M
Feb 9 2024
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
$208 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$42,342
Tax year 2024
Assessed value
$1,236,583
Assessed 2024
Previous assessed
$1,236,583
+0.0% YoY
Effective rate
3.42%
On assessed value
Assessed land
$48,720
Assessed improvement
$1,187,863
Land market value
$139,200
Improvement market value
$3,393,894
Total market value
$3,533,094
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2014
Construction
CONCRETE BLOCKS
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
2
Total area
24,420 SF
Lot
2 ac (87,120 SF)
Zoning code
ZC
APN
001-691-005
UPID
US62-0920644
Jurisdiction
ELKO
Zoning & alternative use
ZC · Elko, NVZoning ZC · permitted uses
ZC · Elko, NV
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
INDUSTRIAL (GENERAL)
Est. value
$3.4M
COMMERCIAL (GENERAL)
Est. value
$3.3M
INDUSTRIAL (GENERAL)
COMMERCIAL (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
2014
Construction
CONCRETE BLOCKS
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
2 ac
Current owner
From public records · entity-resolved
Mj Delong Holdings Edens Landing Se
Entity
Free & Clear · 2 yrs held
Mailing address
PO BOX 1969, WINNEMUCCA, NV 89446-1969
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2024
—
Mj Delong Holdings Edens Landing Se
Timmy Lyn Delong
Quit Claim Deed
related
—
Mar 31, 2015
$5,087,500
Delong,tim Family Trust
Bailey & Associates LLC
Grant Deed
—
Aug 24, 2012
$295,591
Bailey & Associates LLC
City Of Elko
Grant Deed
—
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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