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    2121 Las Vegas S Blvd Las Vegas, NV 89104-2544
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    Property profile & analytics

    2121 Las Vegas S Blvd, Las Vegas, NV 89104-2544

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    • Commercial real estate
    • 9,289 SF
    • 1.28 lot acres
    Off-Market
    Property ID
    US62-0375645
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,725,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Gateway Arches Observation Deck / Resort

    Property Details for 2121 Las Vegas S Blvd

    Year built
    1969
    Construction
    CONCRETE
    Lot size
    1.28 lot acres
    Property type
    Commercial real estate
    APN
    162-03-410-004
    APU
    16203410004

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 25, 2017 — W2007 Stratosphere Land Propco — Grant Deed · related $1,800M · Jp Morgan Chase Bk
    Nov 1, 2016 — W2007 Stratosphere Propco — Deed · related —
    Aug 18, 2009 — W2007 Stratosphere Propco — Deed Of Trust · related $395M · Bank Of Ny Mellon
    Mar 5, 2008 — W2007 Stratosphere Land Propco Stratosphere Land LLC Quit Claim Deed —
    Sep 12, 2003 — Trk,tr Clyne,richie Grant Deed · related —
    Jan 4, 1990 $650,000 Leo J Danihels Unknown Grant Deed —
    — — W2007 Stratosphere Propco — Deed Of Trust · related $620M · Deutsche Bk Ag/ny Branch
    — — W2007 Stratosphere Propco — Loan Modification · related —

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,335,000
      6.5%
      $2,160,000
      7%
      $2,005,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,352,000
      Market price range: $1.13M - $3.35M
      AI Estimate
      $2,667,000
      Market price range: $689k - $2.67M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,355,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $4,030,000
      Change: +71% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $2,750,000
      Change: +17% Conversion: Moderate
      MEDICAL BUILDING
      $2,555,000
      Change: +8% Conversion: Easy
      RETAIL STORES
      $2,295,000
      Change: -3% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.155
    Latitude
    36.1461
    CBSA code
    29820
    CBSA name
    LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,225
    $1,024,517
    $8,158
    $1,032,675
    -
    $2,927,191
    $23,309
    $2,950,500
    More about this property
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