Property profile

1955 S Casino Dr Laughlin, NV 89029

FOR SALE
Motels
Saved · see the list in your Dashboard
Property ID
US62-0422479
46,788 SF 3.3 ac Built 1991
Last sale Dec 2012·$1,050,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

A 7,080-square-foot restaurant-configured suite featuring a substantial sales floor, a Class 1 Hood, two restrooms, and a janitor closet. The space includes a second-floor mezzanine that provides additional functional area within the premises. The suite has street frontage and drive-through access, enabling customer servicing from both the building and the vehicle lanes. Existing restaurant-oriented improvements create a layout with front-of-house, back-of-house, and supporting/auxiliary areas already defined for operational use.

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?
$15k
Tax billed · 2023
Assessed value · 2024$1.32M
Assessed land$58k
Assessed improvement$1.26M
Effective rate1.17%

Value estimate

· Nov 2026
$4.58M
$4.12M – $5.03M
NOI build-up
Gross scheduled income$5.70M
Vacancy & credit loss−$484k
Operating expenses−$1.56M
NOI · 57.95% cap applied$3.65M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$253/SF
County average, outlier-cleaned · 65 recorded sales of this use type
Observed band · Q1–Q3$160 – $386

Cap rate analysis

How does the asset earn?
57.95%
$3.65M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant28.8
Realty agency27.6
Building Supply25.2

Location

1955 S Casino Dr Laughlin, NV 89029
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

1 recorded sale · 5 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
Laughlin, NV 89029 $13,180,000 Jan 2019 No data
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
5 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

Ask Rey → ChatGPT Grok Claude
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