Property profile

4500 Tropicana Ave Las Vegas, NV 89103

OFF-MARKET
Hotels
Property ID
US62-0449467
20,000 SF 37.09 ac lot Built 2002
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 2002
Construction CONCRETE
Total area 20,000 SF
Lot 37.09 ac (1,615,640 SF)
APN 162-19-302-001
UPID US62-0449467

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Bar & Pub Nightclub
  • Cinema Theater & Performing Art Venue
  • Specialty Food Shop Candy Store
  • Atm

Location

4500 Tropicana Ave Las Vegas, NV 89103-5420
Las Vegas metro Census 2956 LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.37M
Comparable Approach Comparable
$2.17M
Blend (final) Blend
$1.70M

Owner & transaction history

since 2019
7 recorded transactions
2019
Price N/A
2017
Price N/A
2017
$43.0M
2017
Price N/A
2017
$43.0M
2010
Price N/A
2004
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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