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Property profile & analytics
OFF-MARKET
Estimated value
$55,540,000
Parking lots & garages
2716 10th Way Las Vegas, NV 89128-0424
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-0062486
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1998
Construction
FRAME
Total area
189,408 SF
Lot
9.57 ac (416,869 SF)
APN
138-15-710-023
UPID
US62-0062486
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$55.54M
Owner & transaction history
Prh Xxxv LLC · 4 yrs held
Prh Xxxv LLC
since 2021
Last sale
$67.0M
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
$77,350,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$55.54M
Range $49.99M – $61.09M · ±10% · vs last sale $67.00M (Nov 9 2021)
Last sale anchor
$67.00M
Nov 9 2021
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
$293 / 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
$305,172
Tax year 2023
Assessed value
$16,041,175
Assessed 2024
Previous assessed
$14,943,958
+7.3% YoY
Effective rate
1.90%
On assessed value
Assessed land
$1,969,706
Assessed improvement
$14,071,469
Land market value
$5,627,731
Improvement market value
$40,204,197
Total market value
$45,831,928
Applied tax rate
200.0000
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
1998
Construction
FRAME
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Buildings
3
Stories
4
Total area
189,408 SF
Lot
9.57 ac (416,869 SF)
APN
138-15-710-023
UPID
US62-0062486
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
1998
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
4
Buildings
3
Lot
9.57 ac
Current owner
From public records · entity-resolved
Prh Xxxv LLC
Entity
Mailing address
1530 FARADAY AVE, CARLSBAD, CA 92008-7332
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2021
$67,000,000
Prh Xxxv LLC
2716 N Tenaya Loan LLC
Special Warranty Deed
—
Oct 4, 2019
—
2716 N Tenaya Loan 1 LLC
—
Grant Deed
related
$46,800,000 · Ubs Ag
Oct 2, 2014
—
2716 N Tenaya Loan 2 LLC
Nnn 2716 North Tenaya LLC
Quit Claim Deed
related
—
Jan 12, 2007
$8,749,821
Nnn 2716 North Tenaya 33 LLC
Nnn 2716 North Tenaya LLC
Grant Deed
—
Dec 1, 2006
$8,647,465
Nnn 2716 North Tenaya 29 LLC
Nnn 2716 North Tenaya LLC
Grant Deed
—
Oct 23, 2006
$14,828,882
Nnn 2716 North Tenaya 4 LLC
Nnn 2716 North Tenaya LLC
Grant Deed
—
Sep 15, 2006
$28,684,738
Nnn 2716 North Tenaya 10 LLC
Nnn 2716 North Tenaya LLC
Grant Deed
—
Aug 16, 2006
$14,184,443
Nnn 2716 North Tenaya 1 LLC
Nnn 2716 North Tenaya LLC
Grant Deed
—
Jul 25, 2006
$74,250,000
Nnn 2716 North Tenaya LLC
Ahp Of Nevada INC
Bargain And Sale Deed
$50,750,000 · Wachovia Bank NA
Apr 2, 2002
$45,000
Ahp Of Nevada INC
Health Care Property Investors
Grant Deed
—
Mar 27, 2002
$4,500,000
Health Care Property Investors
Cpsieo LLC
Grant Deed
—
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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