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Property profile & analytics
OFF-MARKET
Estimated value
$9,555,000
Motels
4625 Dean Martin Dr Las Vegas, NV 89103-4117
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US62-1051367
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2017
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
120,662 SF
Lot
2.93 ac (127,631 SF)
APN
162-20-302-024
UPID
US62-1051367
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
-
Las Vegas Airport Freight Service Logistics Company
-
Tesla Destination Charger Electric Vehicle Charging Station
-
Homewood Suites by Hilton Las Vegas City Center Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.08M
Blend (final)
Blend
$9.56M
Owner & transaction history
Heritage Inn Of Las Vegas LLC · 9 yrs held
Heritage Inn Of Las Vegas LLC
since 2017
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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.56M
Range $8.60M – $10.51M · ±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
$79 / 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
$424,888
Tax year 2023
Assessed value
$16,502,348
Assessed 2024
Previous assessed
$14,568,544
+13.3% YoY
Effective rate
2.57%
On assessed value
Assessed land
$1,143,800
Assessed improvement
$15,358,548
Land market value
$3,268,000
Improvement market value
$43,881,566
Total market value
$47,149,566
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
2017
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
3
Stories
6
Units
330
Total area
120,662 SF
Lot
2.93 ac (127,631 SF)
APN
162-20-302-024
UPID
US62-1051367
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
2017
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
6
Buildings
3
Units
330
Lot
2.93 ac
Current owner
From public records · entity-resolved
Heritage Inn Of Las Vegas LLC
Entity
Mailing address
4520 36TH AVE S, FARGO, ND 58104-5211
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2025
—
Heritage Inn Of Las Vegas LLC
—
Deed
related
$38,000,000 · Prudential Insurance Of America
Jan 17, 2020
—
Heritage Inn Of Las Vegas LLC
—
Deed
related
$41,496,201 · Us Bk
May 26, 2017
—
Heritage Inn Of Las Vegas LLC
—
Grant Deed
related
$82,992,402 · Us Bk
Mar 23, 2017
—
Heritage Inn Of Las Vegas LLC
Heritage Inn Number Lix LP
Quit Claim Deed
related
—
Mar 26, 2010
—
Heritage Inn Number Lix LP
—
Deed Of Trust
related
$7,500,000 · Bank Of Nevada
Jan 22, 2008
$24,000,000
Heritage Inn Number Lix
Panorama Towers South LLC
Grant Deed
—
Nov 15, 2006
$11,000,000
Panorama Towers South LLC
Vista Holdings LLC
Grant Deed
$30,000,000 · Club Vista Financial Svcs LLC
Aug 15, 2005
$5,000,000
Vista Holdings LLC
Sasson Hallier Dev LLC
Grant Deed
related
—
Jan 14, 2004
$3,750,000
Sasson Hallier Development
Hallier Land Investments LLC
Grant Deed
related
$3,305,000 · Hallier Land Investments LLC
Nov 29, 2001
$3,250,000
Hallier Land Investments LLC
Dfa LLC
Grant Deed
—
Feb 17, 1998
$1,300,000
Dfa LLC
Perez,amadeo G
Grant Deed
$2,400,000 · Associates Commercial Corp Del
—
—
Hallier Land Investments LLC
—
Deed Of Trust
related
$1,820,000 · Nevada State Bank
—
—
Sasson Hallier Development LLC
—
Deed Of Trust
related
$2,812,500 · First National Bank Nevada
—
—
Sasson Hallier Dev LLC
—
Deed Of Trust
related
$400,000 · First National Bank Nevada
—
—
Heritage Inn Of Las Vegas LLC
—
Loan Modification
related
$41,496,201 · Us Bk
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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