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Property profile & analytics
OFF-MARKET
Estimated value
$1,200,000
Office buildings
325 3rd St Las Vegas, NV 89101-6003
Entity Owned
2-yr Hold
Free & Clear
Property ID
US62-0363976
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,800 SF
Lot
0.16 ac (6,970 SF)
APN
139-34-210-073
UPID
US62-0363976
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
-
SJ Law Law Firm
-
Fortis Medical Billing - Las Vegas Medical Billing Service
-
Interpreting Line Inc Translation Service
-
Bad Credit Business Loans Las Vegas NV - Land Loans Nevada Loan Service
-
Paralegal Help Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.62M
Blend (final)
Blend
$1.20M
Owner & transaction history
325 Third Street LLC · 2 yrs held
325 Third Street LLC
since 2024
Last sale
$1.2M
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
$1,200,000
ML approach
$1,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.20M
Range $1.08M – $1.32M · ±10% · vs last sale $1.20M (Mar 5 2024)
Last sale anchor
$1.20M
Mar 5 2024
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
$176 / 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
$11,069
Tax year 2023
Assessed value
$202,253
Assessed 2024
Previous assessed
$189,256
+6.9% YoY
Effective rate
5.47%
On assessed value
Assessed land
$90,262
Assessed improvement
$111,991
Land market value
$257,891
Improvement market value
$319,974
Total market value
$577,865
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
2
Total area
6,800 SF
Lot
0.16 ac (6,970 SF)
APN
139-34-210-073
UPID
US62-0363976
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
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
325 Third Street LLC
Entity
Free & Clear · 2 yrs held
Mailing address
700 N MAIN ST, LAS VEGAS, NV 89101-1914
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2025
—
325 Third Street LLC
—
Deed
related
$87,850 · Ambleside Properties Lllp
Jun 23, 2025
—
325 Third Street LLC
—
Deed
related
$1,050,000 · Pinnacle Funding Soluttions LLC
May 24, 2024
—
325 Third Street LLC
—
Deed
related
$500,000 · Lvreis INC
Mar 5, 2024
—
325 Third Street LLC
Clark County Treasurer
Redemption Deed
related
—
Jan 24, 2024
—
325 Third Street LLC
—
Deed
related
$1,500,000 · Lvreis INC
Jun 29, 2021
—
325 Third Street LLC
—
Deed
related
$75,000 · Christine Salisbury
May 24, 2019
—
325 Third Street LLC
—
Deed
related
$1,000,000 · Stuart Family Living Tr (ct)
Apr 18, 2017
—
325 Third Street LLC
Sackley Family Trust
Quit Claim Deed
related
—
Apr 14, 2017
$1,200,000
Stuart Sackley
Barrister Building LLC
Bargain And Sale Deed
$720,000 · First Choice Bank
Jun 12, 2014
—
Barrister Building LLC
Cremen,frank J & Lynn
Quit Claim Deed
related
—
Mar 14, 2011
—
Rachel Wolf
Wolf Robert E
Quit Claim Deed
related
—
Aug 31, 2010
—
Rachel Wolf
Wolf Robert E
Quit Claim Deed
related
—
Sep 12, 2006
—
Michelle V Vincent
Vincent,brandi M
Quit Claim Deed
related
—
Sep 30, 2003
$8,000
Bryan,tr
Anderson,kent A
Quit Claim Deed
related
—
Apr 23, 1993
$44,000
Cremen Frank J
Unknown
Grant Deed
—
—
—
325 Third Street LLC
—
Deed Of Trust
related
$1,000,000 · Stuart Family Living Tr (ct)
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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