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Property profile & analytics
FOR LEASE
Parking lots & garages
3061 South Maryland Pkwy Las Vegas, NV 89109
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-0047533
For Lease
1 / 2
$520,000
3061 South Maryland Pkwy, Las Vegas, NV 89109
View Listing →
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
58,032 SF
Lot
0.95 ac (41,382 SF)
APN
162-10-703-009
UPID
US62-0047533
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
-
Sunrise Pediatrics Physician
-
Dr. Reuben Jones, MD Physician Medical Clinic
-
Hughes Rodger C MD Physician Medical Clinic
-
Dr. Robert M. Litt, MD Physician Medical Clinic
-
Dr. Harvey S. Miller, MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$520k
Owner & transaction history
Zad Investment LLC · 9 yrs held
Zad Investment LLC
since 2016
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$9 / 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
$56,428
Tax year 2023
Assessed value
$2,988,986
Assessed 2024
Previous assessed
$2,662,489
+12.3% YoY
Effective rate
1.89%
On assessed value
Assessed land
$173,804
Assessed improvement
$2,815,182
Land market value
$496,583
Improvement market value
$8,043,377
Total market value
$8,539,960
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
For Lease
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Buildings
2
Stories
3
Total area
58,032 SF
Lot
0.95 ac (41,382 SF)
APN
162-10-703-009
UPID
US62-0047533
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
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
3
Buildings
2
Lot
0.95 ac
Current owner
From public records · entity-resolved
Zad Investment LLC
Entity
Mailing address
15821 VENTURA BLVD, ENCINO, CA 91436-2915
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2016
—
Zad Investment LLC
Jaz Investment Nevada Corp
Quit Claim Deed
related
—
Jan 29, 2016
—
Zad Investment LLC
Jaz Investment Corp
Grant Deed
related
—
May 27, 2005
—
Jpnp Investments LLC
John J Pavell
Bargain And Sale Deed
$5,000,000 · Northern Trust Bank Fsb
May 27, 2005
$7,293,600
Pavell John J Trust
Mirror Image Group LLC
Grant Deed
—
Feb 28, 2002
—
Mirror Image Group LLC
—
Trustees Deed
related
$5,360,000 · Bankwest Of Nevada
Aug 3, 2001
$3,100,000
Mirror Image Group LLC
Bowmer Trust
Grant Deed
$2,480,000 · Bankwest Of Nevada
—
—
Dennis J Bowmer
—
Deed Of Trust
related
$351,490 · Bankwest Of Nevada
—
—
Jaz Investment Corp
—
Deed Of Trust
related
$3,800,000 · Miscellaneous Ins Co
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?”
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