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    For Sale (20)

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    Land with Highway Frontage
    $120,000
    23.16 Acres

    Land with Highway Frontage

    Large parcel near downtown Searchlight with highway frontage.

    Hwy 164, Searchlight, NV 89046
    View details
    Searchlight Mining Claims with Lake Views
    $200,000
    60.00 Acres

    Searchlight Mining Claims with Lake Views

    60 acres of mining land with patented and unpatented claims.

    1990 Cottonwood Cove Rd, Searchlight, NV 89046
    View details
    Land Parcel Ready to Build
    $59,000
    0.69 Acres

    Land Parcel Ready to Build

    Ready-to-build land parcel with utilities in Searchlight, Nevada.

    Encinitas, Searchlight, NV 89046
    View details
    Luxurious High-Rise Living in Las Vegas
    $524,900
    1,052 SF

    Luxurious High-Rise Living in Las Vegas

    High-rise condo with mountain views and luxury amenities.

    4471 Dean Martin Dr, Las Vegas, NV 89103
    View details
    Moapa Land For Sale
    Contact for pricing
    1.25 Acres

    Moapa Land For Sale

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

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

    Residential Land in Searchlight, NV

    Residential property with utilities 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 Land Near Community Center
    $140,000
    6.62 Acres

    Searchlight Land Near Community Center

    Land located near the Community Center and Elementary School.

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

    Henderson Land with Valley Views

    Elevated lot in Henderson with stunning 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 single-family.

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

    Pahrump Land For Sale

    Residential land available in Pahrump, Nevada.

    3460 Paiute Blvd, Pahrump, NV 89061
    View details
    Residential Lots Ready to Build
    $725,000
    0.12 Acres

    Residential Lots Ready to Build

    29 residential lots with utilities in Searchlight, Nevada.

    150 Lk Breeze St, Searchlight, NV 89046
    View details
    Land with Red Rock Views
    $2,500,000
    4.91 Acres

    Land with Red Rock Views

    4.91 acre land parcel in Calico Basin, Las Vegas.

    Tracy St, Las Vegas, NV 89135
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    Vdara Condo-Hotel in CityCenter
    $785,900
    608 SF

    Vdara Condo-Hotel in CityCenter

    Fully furnished 22nd-floor residence with world-class amenities and rental options.

    2600 W Harmon Ave, Las Vegas, NV 89158
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    One Acre Parcel with Views
    $159,500
    1.00 Acre

    One Acre Parcel with Views

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

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

    55 Acres Mining Land Opportunity

    55 acres of mining land near historic Nelson, Nevada.

    Southwest 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 near freeways and amenities.

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

    Pahrump Vacant Land Opportunity

    Over one acre of land ready for development in Pahrump.

    2360 Shirley St, Pahrump, NV 89048
    View details
    Corner Lot Near UNLV
    $525,000
    0.43 Acres

    Corner Lot Near UNLV

    Prime 0.43-acre corner lot near UNLV and the Strip.

    East Harmon Ave, Las Vegas, NV 89119
    View details
    Land For Sale
    $159,500

    Land For Sale

    Land available for sale in Pahrump, Nevada.

    5880 Mojave St, Pahrump, NV 89061
    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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