Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

1221 Decatur Blvd Las Vegas, NV 89108

OFF-MARKET
Office buildings
Property ID
US62-0057211
4,948 SF 0.28 ac lot Built 1962
Last sale Dec 2022 · $840,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a two-story office building totaling approximately 6,000 square feet and is configured as a multi-tenant facility with 6 demised units, each arranged as a separate office suite within the shared building structure. It features multiple office suite configurations across the two levels, with direct exposure off Decatur Boulevard and convenient access to U.S. 95. The building is zoned C-1 (Limited Commercial), which supports a range of limited commercial uses consistent with local zoning requirements.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value · 2024$119k
Assessed land$38k
Assessed improvement$81k
Effective rate2.87%

Value estimate

· Nov 2026
$950k
$855k – $1.05M
AI approach$975k
Submarket $/SF estimate$994k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$303/SF
Submarket average, outlier-cleaned · 903 recorded sales of this use type
Observed band · Q1–Q3$201 – $438

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCLARK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency47.8
Law Firm47.2
Dental Office33.2

Location

1221 Decatur Blvd Las Vegas, NV 89108-2497
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2309 Decatur, Las Vegas, NV 89108-2904 $945,000 Dec 2025 5,000 SF
3280 Rainbow, Las Vegas, NV 89108-5011 $1,150,000 Apr 2024 3,724 SF
5300 Vegas, Las Vegas, NV 89108-2347 $1,025,000 Jan 2023 6,066 SF
6620 Cheyenne, Las Vegas, NV 89108-4931 $350,000 Sep 2020 2,877 SF
3220 Bronco, Las Vegas, NV 89108-4862 $671,000 Mar 2019 2,670 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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