New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,600,000
Motels
3430 Las Vegas N Blvd Las Vegas, NV 89115-0507
Entity Owned
1-yr Hold
Free & Clear
Property ID
US62-0258811
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1954
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,946 SF
Lot
0.46 ac (20,038 SF)
APN
140-07-802-004
UPID
US62-0258811
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
-
Skyline Motel Hotel & Motel Bed & Breakfast
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$964k
Blend (final)
Blend
$1.60M
Owner & transaction history
Skyline Motel LLC · 1 yrs held
Skyline Motel LLC
since 2024
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.1M
+62.8%
Retail stores
$1.9M
+40.2%
Office building
$1.5M
+13.6%
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
$1,600,000
ML approach
$1,600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,320,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,145,000
Change: +63% · Conversion: Difficult
RETAIL STORES
$1,850,000
Change: +40% · Conversion: Difficult
OFFICE BUILDING
$1,500,000
Change: +14% · Conversion: Difficult
MEDICAL BUILDING
$1,360,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$1.60M
Range $1.44M – $1.76M · ±10% · vs last sale $1.60M (Aug 12 2024)
Last sale anchor
$1.60M
Aug 12 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
$323 / 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
$2,345
Tax year 2023
Assessed value
$118,374
Assessed 2024
Previous assessed
$107,303
+10.3% YoY
Effective rate
1.98%
On assessed value
Assessed land
$57,790
Assessed improvement
$60,584
Land market value
$165,114
Improvement market value
$173,097
Total market value
$338,211
Applied tax rate
340.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1954
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Units
12
Total area
4,946 SF
Lot
0.46 ac (20,038 SF)
APN
140-07-802-004
UPID
US62-0258811
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
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
RETAIL STORES
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.4M
HOTEL/MOTEL Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1954
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Units
12
Lot
0.46 ac
Current owner
From public records · entity-resolved
Skyline Motel LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2732 CAUMSETT CT, LAS VEGAS, NV 89117-7625
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2024
$1,600,000
Skyline Motel LLC
Skyline Group LLC
Bargain And Sale Deed
—
Apr 29, 2013
$341,250
Skyline Group LLC
Lee,sun & Linda
Grant Deed
$297,000 · General Inv 18 LLC
Feb 6, 2013
$250,000
Sun Lee
Amanat Las Vegas Trust
Grant Deed
$170,000 · Amanat Las Vegas Trust
Oct 17, 2011
$150,000
Amanat Las Vegas Trust
Td Service Co
Trustees Deed
—
Dec 30, 2004
$450,000
Jose E Peral
R M Property Holdings LLC
Grant Deed
—
Jul 12, 2002
—
Rm Holdings LLC
Wallace,aaron C
Grant Deed
related
—
Jul 10, 2002
$194,620
Aaron C Wallace
Rm Property Holdings LLC
Grant Deed
$106,000 · Michael Milano
Jun 4, 2002
$128,940
Rm Propety Holdings LLC
Farah,olga
Grant Deed
related
—
Mar 20, 2001
$185,000
Olga Farah
Reese Trust
Grant Deed
$129,500 · Reese Trust
—
—
Skyline Group LLC
—
Deed Of Trust
related
$205,000 · Ckmlk Group LLC
—
—
Property Holdings Rm
—
Deed Of Trust
related
$100,000 · John Jaha
—
—
Jose E Peral
—
Deed Of Trust
related
$439,000 · Union Bank Of California
—
—
Rm Property Holdings LLC
—
Deed Of Trust
related
$210,000 · Surinder Sehgal
—
—
Jose E Peral
—
Deed Of Trust
related
$150,000 · William & Mary Walker
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?”
You own 3430 Las Vegas N Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
