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Property profile & analytics
OFF-MARKET
Estimated value
$3,885,000
Motels
4970 Paradise Rd Las Vegas, NV 89119-1206
Entity Owned
9-yr Hold
Free & Clear
Property ID
US62-0172069
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1979
Construction
FRAME
Total area
43,725 SF
Lot
1.86 ac (81,022 SF)
APN
162-27-110-004
UPID
US62-0172069
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 Parking Parking Lot & Garage
-
Best Western McCarran Inn Hotel & Motel
-
OneStopParking Parking Lot & Garage
-
Smuve Skincare Studio Medical Clinic Skin Care Clinic
-
ChargerGoGo Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.18M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.89M
Owner & transaction history
Alamo Holdings LLC · 9 yrs held
Alamo Holdings 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%
$5,610,000
6.5%
$5,175,000
7%
$4,805,000
Blend value · Realmo final
$3.89M
Range $3.50M – $4.27M · ±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
$89 / 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
$30,445
Tax year 2023
Assessed value
$1,146,431
Assessed 2024
Previous assessed
$1,037,973
+10.4% YoY
Effective rate
2.66%
On assessed value
Assessed land
$404,097
Assessed improvement
$742,334
Land market value
$1,154,563
Improvement market value
$2,120,954
Total market value
$3,275,517
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
1979
Construction
FRAME
Heating
HEAT PUMP
Stories
3
Units
100
Total area
43,725 SF
Lot
1.86 ac (81,022 SF)
APN
162-27-110-004
UPID
US62-0172069
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
1979
Construction
FRAME
Heating
HEAT PUMP
Stories
3
Units
100
Lot
1.86 ac
Current owner
From public records · entity-resolved
Alamo Holdings LLC
Entity
Free & Clear · 9 yrs held
Mailing address
25 MAUCHLY STE #305, IRVINE, CA 92618-2331
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2019
—
Reno Subdivision One LLC
—
Deed
related
$850,000 · Frias Shopping Center LLC
Jul 12, 2017
—
Grateful Hearts Investment LLC
—
Deed
related
$3,850,000 · East West Bk
Jun 23, 2017
—
Alamo Holdings LLC
Alamo Holdings LLC
Intrafamily Transfer
related
—
Aug 24, 2015
$570,000
Grateful Hearts Investment LLC
Hope Shines Bright Holding Co
Grant Deed
related
—
Aug 24, 2015
—
St Judes Ranch For Children
Stephens,lucille
Affidavit Of Death
related
—
Nov 21, 2011
—
Hope Shines Bright Holding Co
St Judes Ranch Of Children INC
Quit Claim Deed
related
—
Jun 18, 2010
$6,197,611
Alamo Holdings LLC
Grateful Hearts Investment LLC
Grant Deed
related
—
Jan 2, 2009
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Aug 26, 2008
—
Hanson-mckenzie LLC
Hanson Family
Quit Claim Deed
related
—
Nov 6, 2002
$2,595,160
St Judes Ranch For Children
Bair,tr
Grant Deed
—
Jun 27, 2000
—
Jack Hanson
Stevens,lorna
Grant Deed
related
—
—
—
Reno Subdivision One LLC
—
Deed Of Trust
related
$850,000 · Frias Shopping Center LLC
—
—
Kennedy Trust
—
Deed Of Trust
related
$3,500,000 · Mccarran Inn Associates
—
—
Grateful Hearts Investment LLC
—
Deed Of Trust
related
$3,850,000 · East West 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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