Property profile

197 California St 250 Las Vegas, NV 89104

OFF-MARKET
Investment properties
Property ID
US62-0793154
17,431 SF 0.32 ac lot Built 2016
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2016
Construction FRAME
Total area 17,431 SF
Lot 0.32 ac (13,939 SF)
APN 162-03-105-009
UPID US62-0793154

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

197 California St, Unit 250 Las Vegas, NV 89104-1086
Las Vegas metro Census 1100 LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.66M
CAP Approach CAP
$4.05M
Comparable Approach Comparable
$6.29M
Blend (final) Blend
$6.50M

Owner & transaction history

since 2020
Last sale
$5.7M
7 recorded transactions
2020
Price N/A
2020
Price N/A
2020
$5.7M
2020
Price N/A
2020
$568,000
2020
$5.7M
2018
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $9.7M +118.9%
Neighborhood: shopping center $7.6M +71.1%
Industrial (general) $5.2M +16.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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