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    Property profile & analytics

    974 5th St Elko, NV 89801-3202

    • Office buildings
    • 1,141 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $275,000
    Last Sale
    Dec 03, 2020
    $236,000
    Location Intelligence
    Property ID
    US62-0917864
    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

    • Miracle-Ear Hearing Aid Center / Hearing Aid Store / Audiologist

    Property Details for 974 5th St

    Year built
    1965
    Lot size
    0.11 lot acres
    Property size
    1,141 SF
    Zone code
    ZRB
    Property type
    Office buildings
    APN
    001-106-011
    APU
    1106011

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $305,000
      6.5%
      $270,000
      7%
      $305,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $270,000
      Geo Method
      $245,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $275,000
      Retail
      $265,000
      Mixed-Use
      $285,000
      Hospitality
      $265,000
      Educational
      $230,000
      Residential Income
      $295,000
      Energy
      $265,000
      Income-Based Land
      $245,000
      Food Service
      $270,000

    Location Insight

    • Map
    • Local Demand
    City
    Elko
    County
    Elko
    State
    Nevada
    Longitude
    -115.767
    Latitude
    40.8359
    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
    2024
    $1,565
    $6,615
    $36,080
    $42,695
    -
    $18,900
    $103,086
    $121,986

    Comparable in this City

    • Value Estimation by Request
      8,496 SF

      Elko, NV 89801

      OFFICE BUILDING • 8,496 SF
      Elko, NV 89801
      View Details
    • Value Estimation
      $2,035,000
      6,000 SF

      1825 Pinion Rd

      PROFESSIONAL BUILDING • 6,000 SF
      1825 Pinion Rd, Elko, NV 89801-8355
      View Details
    • Value Estimation
      $230,000
      1,668 SF

      123 2nd St

      PROFESSIONAL BUILDING • 1,668 SF
      123 2nd St, Elko, NV 89801-3614
      View Details
    • Value Estimation
      $2,215,000
      4,284 SF

      2213 5th St

      OFFICE BUILDING • 4,284 SF
      2213 5th St, Elko, NV 89801-2484
      View Details
    • Value Estimation
      $2,160,000
      11,858 SF

      1775 Browning Way

      PROFESSIONAL BUILDING • 11,858 SF
      1775 Browning Way, Elko, NV 89801-8348
      View Details
    • Value Estimation
      $320,000
      2,354 SF

      1069 Idaho St

      OFFICE BUILDING • 2,354 SF
      1069 Idaho St, Elko, NV 89801-3920
      View Details

    Similar Nearby for Sale

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      Elko, NV Warehouse - $640,000

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      Elko Commercial Building - Prime Location

      Versatile 5,000 sq ft commercial space, great income potential.
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    • $665,000
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      Elko Commercial Land: 5.74 Acres

      Prime Elko commercial land, I/C zoning underway.
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    Similar Nearby for Lease

    • Contact for pricing
      4,655 SF

      Elko Commercial Warehouse and Office

      Functional warehouse and office space in Elko's commercial corridor.
      1070 Silver St, Elko, NV 89801
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    • Contact for pricing
      Pending

      Elko Retail or Office Space

      882 SF retail/office space in Rancho Plaza, Elko, Nevada.
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      View Details
    • $1,350 /Mo
      582 SF

      Elko Office Suite For Lease

      Prime Elko office suite with utilities and maintenance included.
      225 Silver St, Elko, NV 89801
      View Details
    • Contact for pricing
      4,026 SF

      Elko Industrial Space For Rent

      Versatile industrial space with office and warehouse areas in Elko.
      118 2Nd St, Elko, NV 89801
      View Details
    • New
      Contact for pricing
      1,200 SF

      Downtown Elko Office Space

      Prime 1,200 sq ft office space in downtown Elko.
      518 Idaho St, Elko, NV 89801
      View Details
    • Contact for pricing
      1,250 SF

      Elko, NV Commercial Space

      Office/Medical/Retail space available with parking and high visibility.
      2363 N 5Th St N, Elko, NV 89801
      View Details
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    974 5th St
    Elko, NV 89801-3202
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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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