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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Parking lots & garages
235 Casino Ctr Blvd Las Vegas, NV 89101
Individually Owned
22-yr Hold
~
Est. High Equity
Property ID
US62-0443165
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
289,164 SF
Lot
1.28 ac (55,757 SF)
APN
139-34-111-014
UPID
US62-0443165
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$865k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$963k
Blend (final)
Blend
$915k
Owner & transaction history
Speakeasy Gaming Of Fremont · 22 yrs held
Speakeasy Gaming Of Fremont
since 2004
7 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 Las Vegas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Las Vegas 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
Method
Estimation
Statistic approach
by Request
ML approach
$865,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$3 / 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
$51,579
Tax year 2023
Assessed value
$3,329,816
Assessed 2024
Previous assessed
$2,993,906
+11.2% YoY
Effective rate
1.55%
On assessed value
Assessed land
$1,424,566
Assessed improvement
$1,905,250
Land market value
$4,070,189
Improvement market value
$5,443,571
Total market value
$9,513,760
Applied tax rate
203.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
7
Total area
289,164 SF
Lot
1.28 ac (55,757 SF)
APN
139-34-111-014
UPID
US62-0443165
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
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
7
Lot
1.28 ac
Current owner
From public records · entity-resolved
Speakeasy Gaming Of Fremont
Individual
Mailing address
128 FREMONT ST, LAS VEGAS, NV 89101-5604
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2020
—
Vintage Vegas Gaming LLC
—
Deed
related
$14,000,000 · Western Alliance Bk
Jun 29, 2017
—
Vintage Vegas Gaming LLC
—
Grant Deed
related
$3,000,000 · Western Alliance Bk
May 20, 2010
—
Vintage Vegas Gaming INC
—
Deed Of Trust
related
$8,000,000 · Nevada State Bank
Mar 7, 2008
—
Speakeasy Gaming Of Fremont INC
—
Deed Of Trust
related
$57,000,000 · Nevada State Bank
Mar 11, 2004
$14,000
Speakeasy Gaming Of Fremont
Horseshoe Club Operating Co
Grant Deed
—
—
—
Vintage Vegas Gaming INC
—
Deed Of Trust
related
$8,000,000 · Nevada State Bank
—
—
Vintage Vegas Gaming INC
—
Deed Of Trust
related
$804,180 · Nevada State Bank
—
—
Vintage Vegas Gaming LLC
—
Deed Of Trust
related
$6,300,000 · Bank Of Nevada
—
—
Vintage Vegas Gaming LLC
—
Loan Modification
related
$14,000,000 · Western Alliance Bk
—
—
Vintage Vegas Gaming LLC
—
Deed Of Trust
related
$6,000,000 · Desert Rock Ents LLC
—
—
Speakeasy Gaming Of Fremont INC
—
Deed Of Trust
related
$57,000,000 · Nevada State Bank
—
—
Vintage Vegas Gaming INC
—
Deed Of Trust
related
$804,180 · Nevada State Bank
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.
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