573 6thWells, NV 89835

  • Hospitality properties
  • 5,108 SF
Off market
$87,242 Estimated

Property Details for 573 6th

Year built
1951
Lot size
1.00 AC
Property size (Sq ft)
5,108 SF
Zone code
GC
Property type
Hospitality properties
Property subtype
Motels
APN
002-551-004
APU
2551004

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,480,264
    6.5%
    $1,366,398
    7%
    $1,268,798
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,404,961
    Geo Method
    $2,404,961
  • Alternative Use

    Use
    Valuation
    Residential
    $1,491,710
    Hospitality
    $1,366,398
    Educational
    $1,136,827
    Medical
    $1,175,924
    Retail
    $1,768,398
573 6th, Wells, Nevada

Location Insight

City
Wells
County
Elko
State
Nevada
Latitude
41.1102
Longitude
-114.963
CBSA code
21220
CBSA name
ELKO, NV MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $65,801
  • Assessed land value
    $6,300
  • Assessed value
    $72,101
  • Tax year
    2024
  • Tax bill
    $2,280

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