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Property profile & analytics
OFF-MARKET
Estimated value
$14,350,000
Motels
4855 Boulder Hwy Las Vegas, NV 89121-3012
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US62-0474212
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1998
Construction
FRAME
Total area
129,960 SF
Lot
5.29 ac (230,432 SF)
APN
161-17-812-003
UPID
US62-0474212
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
-
The Suites Furnished Apartment Building Apartment Complex
-
4855 Boulder Hwy #E3054 Hotel & Motel Vacation Rental
-
The Bakery company LLC Catering Service Take-out & Catering
-
Building F Apartment Building
-
Building W Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.35M
Owner & transaction history
La Wilshire Corp · 20 yrs held
La Wilshire Corp
since 2006
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
$110 / 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
$112,452
Tax year 2023
Assessed value
$4,527,323
Assessed 2024
Previous assessed
$4,117,260
+10.0% YoY
Effective rate
2.48%
On assessed value
Assessed land
$840,000
Assessed improvement
$3,687,323
Land market value
$2,400,000
Improvement market value
$10,535,209
Total market value
$12,935,209
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
1998
Construction
FRAME
Heating
HEAT PUMP
Stories
3
Units
300
Total area
129,960 SF
Lot
5.29 ac (230,432 SF)
APN
161-17-812-003
UPID
US62-0474212
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
1998
Construction
FRAME
Heating
HEAT PUMP
Stories
3
Units
300
Lot
5.29 ac
Current owner
From public records · entity-resolved
La Wilshire Corp
Entity
Mailing address
710 S MYRTLE AVE #285, MONROVIA, CA 91016-3423
Ownership since
2006
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
Mar 10, 2006
$89,950,000
La Wilshire Corp
Sun Hbr Budget Suites LLC Of Nv
Grant Deed
$53,970,000 · International Com'l Bk/china
Oct 7, 1997
$2,989,500
Bidgelow Nevada Ll Co
C A P V
Grant Deed
—
Jul 15, 1997
$5,675,000
C A P V
Nova Security Ltd
Grant Deed
$8,400,000 · Bank Of Arizona
Jul 8, 1993
—
Clark County
Nova Securities
Grant Deed
related
—
Jul 25, 1990
$978,790
Clark County
Unknown
Grant Deed
—
—
—
La Wilshire Corp
—
Loan Modification
related
$29,690,500 · Mega Int'l Com'l 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.
Try Rey
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