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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Hotels
3000 Las Vegas S Blvd Las Vegas, NV 89109-1932
Entity Owned
4-yr Hold
Free & Clear
Property ID
US62-1034924
Property profile
Verified
Property type
Hotels
Use group
HOTEL-RESORT
Lot
9.53 ac (415,127 SF)
APN
162-09-312-003
UPID
US62-1034924
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
-
Resorts World Las Vegas Hotel & Motel Resort
-
Racing Miami Las Vegas Clothing Store
-
Alle on 66 - Resorts World Las Vegas Grocery & Convenience Store Food Market
-
Harajuku Ramen Restaurant
-
VIP Exclusives Theater & Performing Art Venue Music Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$545k
Owner & transaction history
Rwlv Future Land LLC · 4 yrs held
Rwlv Future Land LLC
since 2021
6 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
$545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$545k
Range $491k – $600k · ±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
—
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
$419,995
Tax year 2023
Assessed value
$16,796,038
Assessed 2024
Previous assessed
$16,178,537
+3.8% YoY
Effective rate
2.50%
On assessed value
Assessed land
$16,796,038
Land market value
$47,988,680
Total market value
$47,988,680
Applied tax rate
410.0000
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
Hotels
Use group
HOTEL-RESORT
Status
Off-Market
Heating
NONE
Lot
9.53 ac (415,127 SF)
APN
162-09-312-003
UPID
US62-1034924
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
Heating
NONE
Lot
9.53 ac
Current owner
From public records · entity-resolved
Rwlv Future Land LLC
Entity
Free & Clear · 4 yrs held
Mailing address
3000 LAS VEGAS BLVD S, LAS VEGAS, NV 89109-1932
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2021
—
Rwlv Future Land LLC
Resorts World Las Vegas LLC
Bargain And Sale Deed
—
Aug 30, 2019
—
Resorts World Las Vegas LLC
Resorts World Las Vegas LLC
Quit Claim Deed
—
Feb 15, 2017
$210,000
Nevada Power Co
Resorts World Las Vegas LLC
Grant Deed
—
Mar 1, 2013
—
3000 Lvblvd Holdings-ii LLC
Coast Hotels & Casinos INC
Grant Deed
related
—
Dec 18, 2007
—
Echelon Resorts LLC
California Hotel & Casino
Quit Claim Deed
related
—
Oct 2, 2006
$85,000,000
Ribbon Investment Co LLC
Yarrow 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.
Try Rey
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