Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$13,400,000
Motels
1550 Flamingo Rd Las Vegas, NV 89119-5200
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US62-1234166
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1998
Construction
FRAME
Total area
64,650 SF
Lot
2.46 ac (107,158 SF)
APN
162-14-403-005
UPID
US62-1234166
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
-
Extended Stay America - Las Vegas - East Flamingo Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$13.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.60M
Blend (final)
Blend
$13.40M
Owner & transaction history
Bench Corp LLC
Bench Corp LLC
since 2025
Last sale
$13.4M
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
Method
Estimation
Statistic approach
$13,400,000
ML approach
$13,400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$17,240,000
Current use
Blend value · Realmo final
$13.40M
Range $12.06M – $14.74M · ±10% · vs last sale $13.40M (Sep 30 2024)
Last sale anchor
$13.40M
Sep 30 2024
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
$207 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$57,687
Tax year 2023
Assessed value
$2,230,455
Assessed 2024
Previous assessed
$1,985,109
+12.4% YoY
Effective rate
2.59%
On assessed value
Assessed land
$412,558
Assessed improvement
$1,817,897
Land market value
$1,178,737
Improvement market value
$5,193,991
Total market value
$6,372,728
Applied tax rate
470.0000
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
Off-Market
Year built
1998
Construction
FRAME
Heating
HEAT PUMP
Stories
3
Units
125
Total area
64,650 SF
Lot
2.46 ac (107,158 SF)
APN
162-14-403-005
UPID
US62-1234166
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
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$17.2M
HOTEL/MOTEL Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Construction
FRAME
Heating
HEAT PUMP
Stories
3
Units
125
Lot
2.46 ac
Current owner
From public records · entity-resolved
Bench Corp LLC
Entity
Mailing address
9010 W FLAMINGO RD, LAS VEGAS, NV 89147-6423
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2025
—
Bench Corp LLC
Esa P Portfolio LLC
Deed
related
$4,807,000 · The Mortgage Capital Development Co
Sep 30, 2024
$13,400,000
Bench Corp LLC
Esa P Portfolio LLC
Bargain And Sale Deed
$7,675,000 · Poppy Bank
Jun 21, 2021
—
Esa P Portfolio LLC
—
Deed
related
—
Jul 9, 2007
—
Esa P Portfolio LLC
—
Deed Of Trust
related
—
Mar 23, 2007
$4,731,837
Bre Of Esa P Portfolio LLC
Prime Hospitality LLC
Grant Deed
related
—
Oct 26, 2004
—
Bre Of Esa P Portfolio LLC
Prime Hospitality LLC
Grant Deed
$119,384,000 · Mortgage Electronic Reg Sys
Jun 12, 1997
$1,200,000
Homegate Hospitality INC
Gmri INC
Grant Deed
$4,500,000 · Bank One Texas NA
Sep 26, 1994
$950,000
General Mills Restaurants INC
Watanabe,haruo & Avis S
Grant 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1550 Flamingo Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
