Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,170,000
Casinos
2200 Casino Dr Laughlin, NV 89029-1515
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US62-0172068
Property profile
Verified
Property type
Casinos
Use group
CASINO
Year built
1977
Construction
FRAME
Total area
72,309 SF
Lot
3.08 ac (134,165 SF)
APN
264-13-801-004
UPID
US62-0172068
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
Current use
Occupant on record · Public records
-
Bumbleberry Flats Restaurant
-
William Hill Sportsbook Hotel & Motel Resort
-
The New Pioneer Hotel and Casino Hotel & Motel
-
All Occasions Flowers (Bike/Boat/Book/etc) Store Florist
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.17M
Owner & transaction history
The New Pioneer LLC · 8 yrs held
The New Pioneer LLC
since 2017
5 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 Laughlin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laughlin 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
$16 / SF
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
$13,228
Tax year 2023
Assessed value
$2,524,918
Assessed 2024
Previous assessed
$2,355,945
+7.2% YoY
Effective rate
0.52%
On assessed value
Assessed land
$287,926
Assessed improvement
$2,236,992
Land market value
$822,646
Improvement market value
$6,391,406
Total market value
$7,214,052
Applied tax rate
107.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Casinos
Use group
CASINO
Status
Off-Market
Year built
1977
Construction
FRAME
Heating
HEAT PUMP
Stories
2
Units
415
Total area
72,309 SF
Lot
3.08 ac (134,165 SF)
APN
264-13-801-004
UPID
US62-0172068
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
1977
Construction
FRAME
Heating
HEAT PUMP
Stories
2
Units
415
Lot
3.08 ac
Current owner
From public records · entity-resolved
The New Pioneer LLC
Entity
Mailing address
3055 VIA SARAFINA DR, HENDERSON, NV 89052-4031
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2025
—
The New Pioneer LLC
—
Deed
related
$6,000,000 · Aeme Investments LLC
Aug 31, 2017
$9,500,000
The New Pioneer LLC
Pioneer Hotel INC
Bargain And Sale Deed
$5,500,000 · Pioneer Hotel INC
Jun 29, 2001
$16,898,000
Hahf Pioneer LLC
—
Grant Deed
related
—
Dec 29, 2000
—
Hahf Pioneer LLC
Pioneer LLC
Quit Claim Deed
related
—
Aug 11, 2000
—
Pioneer Hotel INC
—
Deed Of Trust
related
$36,000,000 · Station Casinos INC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2200 Casino Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
