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    Property profile & analytics

    217 Las Vegas N Blvd Las Vegas, NV 89101-2921

    • Motels
    • 14,992 SF
    • 0.51 lot acres
    OFF-MARKET
    Value Estimation
    $1,900,000
    Location Intelligence
    Property ID
    US62-0516366
    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.

    Current Use by Public Records

    • Oasis at Gold Spike / Hotel
    • Fiddlestix / Bar / Restaurant
    • PIEL Esthetics / Spa
    • 'Real World 31' Suite / Cultural Landmark
    • Glaggleland Las Vegas / Theme Park

    Property Details for 217 Las Vegas N Blvd

    Year built
    1962
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.51 lot acres
    Property size
    14,992 SF
    Property type
    Motels
    APN
    139-34-515-002
    APU
    13934515002

    Description

    This exceptional investment opportunity presents the chance to acquire the Gold Spike and Oasis properties, a combined boutique hotel and entertainment complex in the heart of Downtown Las Vegas. Currently featuring approximately 130 rooms and a 24/7 bar and nightlife venue, this property boasts a highly coveted, unrestricted Nevada gaming license, offering a significant value-add potential for a new operator to reintroduce casino operations and reposition the assets. The location is unparalleled, situated directly on Las Vegas Boulevard, just one block from the Fremont Street Experience, which draws 26 million visitors annually. This prime location is within a rapidly developing, high-growth submarket, surrounded by new construction projects. The Gold Spike, a landmark since 1976, and the adjacent Oasis hotel present a unique opportunity to build upon a legacy of revitalizing Downtown Las Vegas. This is a rare chance to acquire a boutique hotel and casino in a thriving area with significant upside potential. The property's history and location make it an irreplaceable asset in the Las Vegas market. Further details are available upon request.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.14
    Latitude
    36.1711
    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
    $17,855
    $567,619
    $437,652
    $1,005,271
    -
    $1,621,769
    $1,250,434
    $2,872,203

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    217 Las Vegas N Blvd
    Las Vegas, NV 89101-2921
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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