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Property profile & analytics
OFF-MARKET
Hotels
3655 Las Vegas S Blvd Las Vegas, NV 89109-4345
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US62-0359585
Property profile
Verified
Property type
Hotels
Use group
HOTEL-RESORT
Year built
1967
Lot
3.64 ac (158,558 SF)
APN
162-21-102-004
UPID
US62-0359585
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
-
Arc de Triomphe at Paris Las Vegas Resort
-
Le Cabaret Music Venue Bar & Pub
-
Eiffel Tour Store at Paris Las Vegas Department Store
-
Le Centre de Convention at Paris Las Vegas Business Service Center Conference Center
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
Paris Las Vegas Propco LLC · 18 yrs held
Paris Las Vegas Propco LLC
since 2008
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
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
$170,911
Tax year 2023
Assessed value
$10,929,799
Assessed 2024
Previous assessed
$10,593,498
+3.2% YoY
Effective rate
1.56%
On assessed value
Assessed land
$10,929,799
Land market value
$31,227,997
Total market value
$31,227,997
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
Hotels
Use group
HOTEL-RESORT
Status
Off-Market
Year built
1967
Heating
NONE
Lot
3.64 ac (158,558 SF)
APN
162-21-102-004
UPID
US62-0359585
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
1967
Heating
NONE
Lot
3.64 ac
Current owner
From public records · entity-resolved
Paris Las Vegas Propco LLC
Entity
Mailing address
PO BOX 543185, DALLAS, TX 75354-3185
Ownership since
2008
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
Nov 25, 2024
—
Paris Las Vegas Operating Company L
—
Deed
related
$238,000,000 · Us Bank NA
Feb 12, 2021
—
Paris Las Vegas Operating Company L
—
Deed
related
$841,900,000 · Us Bank NA
May 21, 2018
—
Paris Las Vegas Operating Co L
—
Grant Deed
related
$855,000,000 · Credit Suisse Ag
May 22, 2008
—
Paris Las Vegas Propco LLC
Paris Las Vegas Holding INC
Bargain And Sale Deed
$400,000,000 · Jpmorgan Chase Bank NA
Jan 30, 2008
—
Parball Corp
—
Deed Of Trust
related
—
Jan 12, 1994
—
Grand Property Sub I Bally's
Bally's Grand In
Quit Claim Deed
related
—
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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