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Property profile & analytics
OFF-MARKET
Estimated value
$10,075,000
Office buildings
411 Bonneville Ave Ste 150 Las Vegas, NV 89101-6616
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US62-1021902
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1991
Construction
STEEL FRAME
Total area
45,060 SF
Lot
0.77 ac (33,541 SF)
APN
139-34-311-159
UPID
US62-1021902
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
$11.38M
Comparable Approach
Comparable
$10.58M
Blend (final)
Blend
$10.08M
Owner & transaction history
Us Bank NA 2006-ldp8 Tr · 10 yrs held
Us Bank NA 2006-ldp8 Tr
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$12,330,000
6.5%
$11,380,000
7%
$10,565,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$15,050,000
Current use
INDUSTRIAL (GENERAL)
$13,340,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$10.08M
Range $9.07M – $11.08M · ±10%
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
$224 / 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
$93,816
Tax year 2023
Assessed value
$3,240,809
Assessed 2024
Previous assessed
$2,986,596
+8.5% YoY
Effective rate
2.89%
On assessed value
Assessed land
$434,356
Assessed improvement
$2,806,453
Land market value
$1,241,017
Improvement market value
$8,018,437
Total market value
$9,259,454
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
1991
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Stories
4
Total area
45,060 SF
Lot
0.77 ac (33,541 SF)
APN
139-34-311-159
UPID
US62-1021902
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
OFFICE BUILDING Current
Est. value
$15.1M
INDUSTRIAL (GENERAL)
Est. value
$13.3M
OFFICE BUILDING Current
INDUSTRIAL (GENERAL)
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
1991
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
4
Lot
0.77 ac
Current owner
From public records · entity-resolved
Us Bank NA 2006-ldp8 Tr
Entity
Free & Clear · 10 yrs held
Mailing address
2470 PASEO VERDE PKWY STE #140, HENDERSON, NV 89074-7122
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2025
—
Bonneville Square LLC
—
Deed
related
$10,500,000 · Clark County Cu
Apr 4, 2016
$12,480,000
Us Bank NA 2006-ldp8 Tr
Nevada Title Co|tih Bonneville LLC
Trustees Deed
related
—
Jan 24, 2008
$3,625,000
Bonneville 13 LLC
Tih Bonneville LLC
Grant Deed
related
—
Jan 24, 2008
$750,000
Bonneville 21 LLC
Tih Bonneville LLC
Grant Deed
related
—
Aug 2, 2006
$500,000
Bonneville 21 LLC
Tih Bonneville LLC
Grant Deed
—
Jul 14, 2006
$375,000
Bonneville 13 LLC
Tih Bonneville LLC
Grant Deed
—
May 18, 2006
$34,000,000
Tih Bonneville LLC
Bonneville Square Associates LLC
Bargain And Sale Deed
$23,800,000 · Ixis Real Estate Capital INC
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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