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    For Sale (20)

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    Large Parcel in Searchlight, Nevada
    $120,000
    23.16 Acres

    Large Parcel in Searchlight, Nevada

    23.16 acre parcel near downtown Searchlight with highway frontage.

    Hwy 164, Searchlight, NV 89046
    View details
    Mining Claims Near Cottonwood Cove
    $200,000
    60.00 Acres

    Mining Claims Near Cottonwood Cove

    60 acres of mining claims with lake views.

    1990 Cottonwood Cove Rd, Searchlight, NV 89046
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    Searchlight, NV - Ready to Build
    $59,000
    0.69 Acres

    Searchlight, NV - Ready to Build

    Parcel ready to build with utilities available in the street.

    Encinitas, Searchlight, NV 89046
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    Pahrump Land For Sale
    $99,999
    2.50 Acres

    Pahrump Land For Sale

    2.5 acres of vacant land in developing Pahrump area.

    1230 E Irene St, Pahrump, NV 89060
    View details
    Moapa, NV Desert Land
    Contact for pricing
    1.25 Acres

    Moapa, NV Desert Land

    1.25 acres of RS80-zoned land in Moapa, Nevada.

    Address No St, Moapa, NV 89021
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    Residential Land in Searchlight, NV
    $50,000
    0.18 Acres

    Residential Land in Searchlight, NV

    Residential property with utilities on site in Searchlight, Nevada.

    308 E Hill St, Searchlight, NV 89046
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    Pahrump Land Parcel For Sale
    $49,900
    1.14 Acres

    Pahrump Land Parcel For Sale

    1.14 acre parcel in Pahrump, build your dream home.

    3451 Winchester Ave, Pahrump, NV 89048
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    Searchlight, NV Land Opportunity
    $140,000
    6.62 Acres

    Searchlight, NV Land Opportunity

    Land available west of the Community Center and Elementary School.

    Cottonwood Cove Rd, Searchlight, NV 89046
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    Henderson Land with Valley Views
    $240,000
    0.83 Acres

    Henderson Land with Valley Views

    Residential land in Henderson, NV, with valley and mountain views.

    Milan St, Henderson, NV 89015
    View details
    Half Acre Lot Near Strip
    $249,000
    0.50 Acres

    Half Acre Lot Near Strip

    Half acre lot near the Las Vegas Strip for sale.

    Edmond St, Las Vegas, NV 89146
    View details
    Pahrump, NV Land For Sale
    $59,000
    1.10 Acres

    Pahrump, NV Land For Sale

    1.1 acre commercial land available in Pahrump, Nevada.

    3460 Paiute Blvd, Pahrump, NV 89061
    View details
    Land with Red Rock Views
    $2,500,000
    4.91 Acres

    Land with Red Rock Views

    4.91 acre lot with views in Calico Basin.

    Tracy St, Las Vegas, NV 89135
    View details
    One Acre Parcel in Pahrump
    $159,500
    1.00 Acre

    One Acre Parcel in Pahrump

    One-acre parcel with mountain views and improvements in Rogers Estates.

    5880 Mojave St, Pahrump, NV 89061
    View details
    55 Acres Mining Land, Nevada
    $150,000
    55.15 Acres

    55 Acres Mining Land, Nevada

    55 acres of mining land near historic Nelson, Nevada.

    SW Of Nelson, Searchlight, NV 89046
    View details
    Residential Land in Las Vegas
    $195,000
    0.32 Acres

    Residential Land in Las Vegas

    Vacant lot ideal for residential development in convenient location.

    Mallard St, Las Vegas, NV 89107
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    Vacant Land in Pahrump, NV
    $38,500
    1.01 Acres

    Vacant Land in Pahrump, NV

    Over an acre of land ready for future development.

    2360 Shirley St, Pahrump, NV 89048
    View details
    Pahrump, NV Dirt Lot
    Contact for pricing
    0.47 Acres

    Pahrump, NV Dirt Lot

    Spacious lot in Pahrump, NV with mountain views.

    1501 E Saguaro Dr, Pahrump, NV 89060
    View details
    Residential Lot in Growing Community
    Contact for pricing
    0.46 Acres

    Residential Lot in Growing Community

    0.46-acre vacant lot in Pahrump, NV, ideal for residential development.

    1331 E Saguaro Dr, Pahrump, NV 89060
    View details
    Corner Lot Near UNLV
    $525,000
    0.43 Acres

    Corner Lot Near UNLV

    0.43 acre corner lot near UNLV and the Strip.

    E Harmon Ave, Las Vegas, NV 89119
    View details
    Pahrump Vacant Land For Sale
    $99,999

    Pahrump Vacant Land For Sale

    2.5 acres of vacant land in developing Pahrump area.

    1230 E Irene St, Pahrump, NV 89060
    View details

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    Compass Realty & Management
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Compass Realty & Management
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