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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    250 Stewart Ave Las Vegas, NV 89101

    • Specialty properties
    • 10,240 SF
    • 3.43 lot acres
    OFF-MARKET
    Value Estimations
    $730,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US62-0660716
    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

    • Specialty properties

    Property Details for 250 Stewart Ave

    Year built
    1987
    Construction
    FRAME
    Lot size
    3.43 lot acres
    Property size
    10,240 SF
    Property type
    Specialty properties
    APN
    139-34-501-023
    APU
    13934501023

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $630,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $825,000
      Market price range: $419k - $1.49M

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.142
    Latitude
    36.1727
    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
    2021
    $107,029
    $2,823,868
    $461,727
    $3,285,595
    -
    $8,068,194
    $1,319,220
    $9,387,414

    Comparable in this City

    • Value Estimation
      $700,000
      10,240 SF

      300 Casino Ctr Blvd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 10,240 SF
      300 Casino Ctr Blvd, Las Vegas, NV 89101-2902
      View Details
    • Value Estimation
      $480,000
      14,184 SF

      925 Las Vegas N Blvd

      FUNERAL HOME • 14,184 SF
      925 Las Vegas N Blvd, Las Vegas, NV 89101-1148
      View Details
    • Value Estimation
      $270,000
      4,990 SF

      800 Bruce St, Unit 2

      CHARITABLE ORGANIZATION • 4,990 SF
      800 Bruce St, Las Vegas, NV 89101-2106
      View Details
    • Value Estimation by Request
      2,650 SF

      901 Stewart Ave

      Churches & religious facilities • 2,650 SF
      901 Stewart Ave, Las Vegas, NV 89101
      View Details
    • Value Estimation
      $200,000
      2.57 Acres

      2941 Harris Ave

      CHARITABLE ORGANIZATION • 2.57 Acres
      2941 Harris Ave, Las Vegas, NV 89101-2309
      View Details
    • Value Estimation
      $300,000
      4,338 SF

      329 11th St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 4,338 SF
      329 11th St, Las Vegas, NV 89101-3144
      View Details

    Similar Nearby for Sale

    • $950,000
      2,650 SF

      Las Vegas Church & 3-Plex

      Historic Church, Updated, Great Value
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      Downtown Las Vegas Office Building

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      Las Vegas Office Condo - $901,355

      Downtown Las Vegas Office Condo, 3,679 sq ft.
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    • Contact for pricing
      13,852 SF

      Downtown Las Vegas Office Building

      ±13,852 SF Executive Office, Redevelopment Opportunity
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    • $8,500,000
      28,366 SF

      Downtown Las Vegas Office Building

      Prime Location, Value-Add Opportunity
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      View Details
    • $667,135
      2,723 SF

      Downtown Vegas Office Condos

      Prime Las Vegas office condos for sale.
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      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      2,525 SF

      Downtown Las Vegas Office Space

      Versatile office suites, 242-2,525 sq ft.
      818 Gass Ave, Las Vegas, NV 89101
      View Details
    • $0.99 SF/Yr
      4,794 SF

      Downtown Las Vegas Office Buildings

      Two single-story office buildings in Downtown Las Vegas for lease.
      526 S 7Th St, Las Vegas, NV 89101
      View Details
    • $2 SF/Yr
      1,600 SF

      Retail Space on Maryland Parkway

      Retail space available in high-traffic Las Vegas location.
      4800 Maryland Pkwy, Las Vegas, NV 89101
      View Details
    • Contact for pricing
      1,300 SF

      Downtown Office or Retail Space

      Office or retail space in dynamic downtown location.
      616 S 3Rd St, Las Vegas, NV 89101
      View Details
    • $21 SF/Yr
      7,500 SF

      Downtown Las Vegas Office Building

      7,500 SF Office Space Available
      324 3Rd St, Las Vegas, NV 89101
      View Details
    • $8 SF/Yr
      5,387 SF

      Las Vegas Office Space for Lease

      Flexible Offices, Coworking, & More
      400 4Th St, Las Vegas, NV 89101
      View Details
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    250 Stewart Ave
    Las Vegas, NV 89101
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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