New search
Property profile & analytics
FOR SALE
Office buildings
3497 South Eastern Ave Las Vegas, NV 89169
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US62-0296087
For Sale
1 / 34
$500,000
3497 South Eastern Ave, Las Vegas, NV 89169
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1963
Construction
FRAME
Total area
2,407 SF
Lot
0.28 ac (12,197 SF)
APN
162-14-613-023
UPID
US62-0296087
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
by Request
Owner & transaction history
Dolores A Villacarlos · 11 yrs held
Dolores A Villacarlos
since 2014
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
—
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
$3,270
Tax year 2023
Assessed value
$75,487
Assessed 2024
Previous assessed
$69,250
+9.0% YoY
Effective rate
4.33%
On assessed value
Assessed land
$40,555
Assessed improvement
$34,932
Land market value
$115,871
Improvement market value
$99,806
Total market value
$215,677
Applied tax rate
470.0000
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
For Sale
Year built
1963
Construction
FRAME
Heating
HEAT PUMP
Cooling
REFRIGERATOR
Stories
2
Rooms
7
Bathrooms
1
Total area
2,407 SF
Lot
0.28 ac (12,197 SF)
APN
162-14-613-023
UPID
US62-0296087
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
1963
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Rooms
7
Bathrooms
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Dolores A Villacarlos
Individual
Mailing address
2 COLINA LN, ROLLING HILLS ESTATES, CA 90274-1529
Ownership since
2014
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
Oct 30, 2014
$245,000
Dolores A Villacarlos
Interim Holdings LLC
Grant Deed
—
Mar 16, 2010
$190,000
Interim Holdings LLC
First American Title Ins
Trustees Deed
related
—
Dec 2, 2009
$15,447
General Realty Group INC
Treasurer Of Clark County
Grant Deed
—
Aug 11, 2000
$284,500
General Realty Group INC
Hess,lamont R
Grant Deed
$214,055 · Seller
Jun 10, 1994
$225,000
Lamont R Hess
Kuhny,joseph J &
Grant Deed
$140,000 · Seller
May 4, 1992
$131,870
Joseph J Kuhny
Unknown
Grant Deed
—
—
—
Joseph J Kuhny
—
Deed Of Trust
related
$140,000 · Fidelity Home Loan Corp
—
—
General Realty Group INC
—
Deed Of Trust
related
$500,000 · Dan Gold
—
—
Lamont R Hess
—
Deed Of Trust
related
$10,000 · Individual
—
—
General Realty Group INC
—
Deed Of Trust
related
$800,000 · Runo Trust
—
—
General Realty Group INC
—
Deed Of Trust
related
$288,750 · Silver State Bank
—
—
Lamont R Hess
—
Deed Of Trust
related
$51,000 · Household Finance Realty Co Nv
—
—
Lamont R Hess
—
Deed Of Trust
related
$142,300 · North American Mortgage
—
—
Interim Holdings LLC
—
Deed Of Trust
related
$100,000 · Interim Capital LLC
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?”
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.
