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Property profile & analytics
OFF-MARKET
Estimated value
$2,940,000
Commercial real estate
1536 Alamo W Rd Alamo, NV 89001
Entity Owned
3-yr Hold
Free & Clear
Property ID
US62-0780255
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1999
Construction
WOOD
Total area
12,360 SF
Lot
47.12 ac (2,052,547 SF)
APN
011-192-12
UPID
US62-0780255
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.92M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.82M
Blend (final)
Blend
$2.94M
Owner & transaction history
Lincoln County · 3 yrs held
Lincoln County
since 2022
Last sale
$3.2M
6 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 Alamo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alamo 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
Method
Estimation
Statistic approach
$2,455,000
ML approach
$2,915,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.94M
Range $2.65M – $3.23M · ±10% · vs last sale $3.20M (Nov 16 2022)
Last sale anchor
$3.20M
Nov 16 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$238 / SF
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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,361
Tax year 2024
Assessed value
$885,390
Assessed 2024
Previous assessed
$856,214
+3.4% YoY
Effective rate
0.15%
On assessed value
Assessed land
$51,121
Assessed improvement
$834,269
Land market value
$146,053
Improvement market value
$2,383,507
Total market value
$2,529,560
Applied tax rate
60.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1999
Construction
WOOD
Stories
2
Units
1
Total area
12,360 SF
Lot
47.12 ac (2,052,547 SF)
APN
011-192-12
UPID
US62-0780255
Jurisdiction
LINCOLN
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
1999
Construction
WOOD
Stories
2
Units
1
Lot
47.12 ac
Current owner
From public records · entity-resolved
Lincoln County
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 539, PIOCHE, NV 89043-0539
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2022
$3,200,000
Lincoln County
Leadership Possibilities Intl LLC
Bargain And Sale Deed
—
Nov 16, 2022
—
Board Of Regents Of Nv Systm Of Hig
Lincoln County
Lease
—
Dec 18, 2018
—
Leadership Possibilties Intl LLC
—
Deed
related
$2,201,858 · Mark S Poker
Jul 16, 2014
$6,151
Leadership Possibilities INC
County Of Lincoln
Public Action
related
—
Jun 3, 2014
—
County Of Lincoln
Joseph D Wilkin
Public Action
related
—
Jun 30, 2005
$5,005,000
Leadership Possibilities Internatio
Givers Gain LLC
Bargain And Sale Deed
—
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.
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