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Property profile & analytics
OFF-MARKET
Office buildings
1623 Ee Ln Las Vegas, NV 89108-1907
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US62-1269489
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1945
Construction
FRAME
Total area
1,434 SF
Lot
0.42 ac (18,295 SF)
APN
139-19-812-004
UPID
US62-1269489
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jaime Barajas · 13 yrs held
Jaime Barajas
since 2012
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
$1,602
Tax year 2023
Assessed value
$67,622
Assessed 2024
Previous assessed
$60,562
+11.7% YoY
Effective rate
2.37%
On assessed value
Assessed land
$51,226
Assessed improvement
$16,396
Land market value
$146,360
Improvement market value
$46,846
Total market value
$193,206
Applied tax rate
200.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1945
Construction
FRAME
Heating
YES
Cooling
CENTRAL
Stories
1
Rooms
5
Bathrooms
1
Total area
1,434 SF
Lot
0.42 ac (18,295 SF)
APN
139-19-812-004
UPID
US62-1269489
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
1945
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Rooms
5
Bathrooms
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Jaime Barajas
Individual
Mailing address
7160 RHINEHART WAY, LAS VEGAS, NV 89149-1905
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2012
$105,000
Jaime Barajas
C-bass Mtg Series 2006-sc1
Grant Deed
$50,000 · Miki Kamioka
Dec 5, 2012
—
Jaime G Barajas
Barajas,alondra Y
Quit Claim Deed
related
—
Apr 4, 2012
$140,000
Cb-bass Mtg Series 2006-sc1
Meridian Foreclosure Svc
Trustees Deed
related
—
Jan 12, 2011
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Jan 10, 2011
$127,500
Michael A Newman
Zwr Investments LLC
Quit Claim Deed
related
$224,482 · C-bass Mtg Series 2006-sc1
Apr 13, 2007
—
Zwr Investments LLC
Newman,michael A & Tomi F
Grant Deed
—
Mar 2, 2007
—
Michael A Newman
Newman,michael A
Quit Claim Deed
related
—
Aug 3, 2005
—
Michael A Newman
Newman,tomi
Quit Claim Deed
related
$95,000 · Patricia P Smith
Aug 3, 2005
$299,000
Michael A Newman
Patricia P Smith
Bargain And Sale Deed
$210,000 · Velocity Commercial Capital LLC
Aug 10, 2004
—
Patricia P Smith
Smith,michael
Quit Claim Deed
related
—
Aug 10, 2004
$270,000
Patricia P Smith
Caro-parra,miguel
Grant Deed
$20,000 · Miguel Caro-parra
Oct 28, 2003
$130,000
Miguel Caro-parra
Lee,hugo
Grant Deed
$104,000 · Mortgage Outlet
Oct 17, 2003
—
Hugo Lee
Rw,tr
Quit Claim Deed
related
—
Oct 9, 2003
$100,000
United Title Of Nevada
Lkee,hugo
Trustees Deed
—
—
—
Patricia P Smith
—
Deed Of Trust
related
$125,000 · Hollander M V & L Trust
—
—
Hugo Lee
—
Deed Of Trust
related
$107,000 · Ron Peck
—
—
Hugo Lee
—
Deed Of Trust
related
$90,000 · Individual
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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