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Property profile & analytics
FOR LEASE
Motels
1418 S 3Rd St Las Vegas, NV 89104
Entity Owned
2-yr Hold
Free & Clear
Property ID
US62-0287090
For Lease
1 / 12
$1,395/Mo
1418 S 3Rd St, Las Vegas, NV 89104
View Listing →
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1952
Construction
FRAME
Total area
2,680 SF
Lot
0.33 ac (14,375 SF)
APN
162-03-210-066
UPID
US62-0287090
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Star Motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mv Star Group LLC · 2 yrs held
Mv Star Group LLC
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Las Vegas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Las Vegas submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,147
Tax year 2023
Assessed value
$119,199
Assessed 2024
Previous assessed
$96,977
+22.9% YoY
Effective rate
1.80%
On assessed value
Assessed land
$58,800
Assessed improvement
$60,399
Land market value
$168,000
Improvement market value
$172,569
Total market value
$340,569
Applied tax rate
203.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Motels
Use group
MOTEL
Status
For Lease
Year built
1952
Construction
FRAME
Heating
HEAT PUMP
Buildings
2
Stories
1
Units
14
Total area
2,680 SF
Lot
0.33 ac (14,375 SF)
APN
162-03-210-066
UPID
US62-0287090
Jurisdiction
CLARK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1952
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Buildings
2
Units
14
Lot
0.33 ac
Current owner
From public records · entity-resolved
Mv Star Group LLC
Entity
Free & Clear · 2 yrs held
Mailing address
39478 ZACATE AVE, FREMONT, CA 94539-3065
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 5, 2024
—
Mv Star Group LLC
—
Deed
related
$200,000 · Huili Liu
Jun 25, 2024
—
Nevada New Builds LLC
—
Deed
related
$100,000 · Lu Fong Chua
Feb 12, 2024
—
Nevada New Builds LLC
—
Deed
related
$50,000 · Huili Liu
Jan 2, 2024
—
Mv Star Group LLC
—
Deed
related
$100,000 · Huili Liu
Nov 21, 2023
—
Mv Star Group LLC
—
Deed
related
$1,500,000 · Aclaime Credit Strategies Fund LP
Nov 9, 2023
—
Mv Star Group LLC
Gilda R Versales
Correction Deed
related
—
May 3, 2023
—
Versales Medina Bypass Trust
Clark County Treasurer
Redemption Deed
related
—
Aug 14, 2018
—
Versales-medina,bypass Trust
Versales-medina Trust
Quit Claim Deed
related
—
Jul 16, 2018
—
Versales-medina Trust
Mv Star Group LLC
Quit Claim Deed
related
—
Aug 22, 2008
—
Mv Star Group LLC
Versales-medina Trust
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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