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Property profile & analytics
FOR LEASE
Parking lots & garages
411 E Bonneville Ave Las Vegas, NV 89101
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US62-1229210
For Lease
1 / 2
$14,050,000
411 E Bonneville Ave, Las Vegas, NV 89101
View Listing →
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
49,861 SF
Lot
0.72 ac (31,363 SF)
APN
139-34-311-158
UPID
US62-1229210
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
$11.48M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.05M
Owner & transaction history
Bonneville Square LLC · 6 yrs held
Bonneville Square LLC
since 2020
Last sale
$14.9M
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
$14,925,000
ML approach
$11,475,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$14.05M
Range $12.65M – $15.46M · ±10% · vs last sale $14.90M (Jan 30 2020)
Last sale anchor
$14.90M
Jan 30 2020
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
$282 / 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
$91,559
Tax year 2023
Assessed value
$3,122,766
Assessed 2024
Previous assessed
$2,868,731
+8.9% YoY
Effective rate
2.93%
On assessed value
Assessed land
$406,151
Assessed improvement
$2,716,615
Land market value
$1,160,431
Improvement market value
$7,761,757
Total market value
$8,922,188
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
For Lease
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Buildings
3
Stories
3
Total area
49,861 SF
Lot
0.72 ac (31,363 SF)
APN
139-34-311-158
UPID
US62-1229210
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
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
3
Buildings
3
Lot
0.72 ac
Current owner
From public records · entity-resolved
Bonneville Square LLC
Entity
Mailing address
1333 N BUFFALO DR UNIT #120, LAS VEGAS, NV 89128-3636
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 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
Jan 30, 2020
$14,900,000
Bonneville Square LLC
Svpp Properties LLC
Grant Deed
$11,900,000 · Sunwest Bk
Jul 12, 2019
$12,200,000
Svpp Properties LLC
U S Bank National Association
Bargain And Sale Deed
$12,200,000 · Western Alliance Bank
Apr 4, 2016
$12,480,000
Us Bank NA 2006-ldp8 Tr
Nevada Title Co|tih Bonneville LLC
Trustees Deed
related
—
Jan 24, 2008
$750,000
Bonneville 21 LLC
Tih Bonneville LLC
Grant Deed
related
—
Jan 24, 2008
$3,625,000
Bonneville 13 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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