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Property profile & analytics
OFF-MARKET
Estimated value
$1,005,000
Golf courses & driving ranges
5050 Spanish Trl Ln Las Vegas, NV 89113-1319
Entity Owned
3-yr Hold
Free & Clear
Property ID
US62-0415184
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
COUNTRY CLUB
Year built
1985
Construction
FRAME
Total area
33,822 SF
Lot
6.05 ac (263,538 SF)
APN
163-27-115-004
UPID
US62-0415184
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
-
Spanish Trail Private Country Club Golf Course
-
Spanish Trail Fitness Center Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$875k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.14M
Blend (final)
Blend
$1.01M
Owner & transaction history
Tpa Vi LLC · 3 yrs held
Tpa Vi LLC
since 2023
5 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
$875,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.01M
Range $905k – $1.11M · ±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
$30 / 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
$60,717
Tax year 2023
Assessed value
$2,169,945
Assessed 2024
Previous assessed
$2,108,277
+2.9% YoY
Effective rate
2.80%
On assessed value
Assessed land
$10,175
Assessed improvement
$2,159,770
Land market value
$29,071
Improvement market value
$6,170,771
Total market value
$6,199,842
Applied tax rate
417.0000
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
Golf courses & driving ranges
Use group
COUNTRY CLUB
Status
Off-Market
Year built
1985
Construction
FRAME
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Buildings
2
Stories
1
Total area
33,822 SF
Lot
6.05 ac (263,538 SF)
APN
163-27-115-004
UPID
US62-0415184
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
1985
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
2
Lot
6.05 ac
Current owner
From public records · entity-resolved
Tpa Vi LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1170 PEACHTREE ST STE #1650, ATLANTA, GA 30309-7675
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2023
—
Tpa Vi LLC
Trails Investment Group LLC
Assignment Of Lease (leasehold Sale)
—
Jul 18, 2022
$6,565,672
Spanish Trail Country Club INC
Spanish Trail Holding LLC
Bargain And Sale Deed
—
Apr 8, 2015
$5,000,000
Spanish Trail Holding LLC
Spanish Trail Ownership LLC
Grant Deed
related
—
Jun 28, 2012
—
Spanish Trail Ownership LLC
Spanish Trail Country Club INC
Quit Claim Deed
related
—
—
—
Spanish Trail Country Club INC
—
Deed Of Trust
related
$15,000,000 · Jackson National Life Ins Co
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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