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Property profile & analytics
OFF-MARKET
Estimated value
$10,095,000
Motels
5085 Dean Martin Dr Las Vegas, NV 89118-1758
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-0415718
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1977
Construction
FRAME
Total area
36,306 SF
Lot
2.13 ac (92,783 SF)
APN
162-29-101-033
UPID
US62-0415718
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 Aveda Institute Hair Salon Nail Salon
-
Motel 6 Las Vegas, NV – I-15 Stadium Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.66M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.23M
Blend (final)
Blend
$10.10M
Owner & transaction history
D Martin LLC · 4 yrs held
D Martin LLC
since 2022
Last sale
$13.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$15.8M
+62.8%
Retail stores
$13.6M
+40.2%
Industrial (general)
$11.6M
+19.3%
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
$12,905,000
ML approach
$9,655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$9,685,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$15,760,000
Change: +63% · Conversion: Difficult
RETAIL STORES
$13,575,000
Change: +40% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$11,550,000
Change: +19% · Conversion: Difficult
Blend value · Realmo final
$10.10M
Range $9.09M – $11.10M · ±10% · vs last sale $13.25M (Apr 5 2022)
Last sale anchor
$13.25M
Apr 5 2022
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
$278 / 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
$29,476
Tax year 2023
Assessed value
$1,340,775
Assessed 2024
Previous assessed
$1,216,545
+10.2% YoY
Effective rate
2.20%
On assessed value
Assessed land
$778,400
Assessed improvement
$562,375
Land market value
$2,224,000
Improvement market value
$1,606,786
Total market value
$3,830,786
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
1977
Construction
FRAME
Heating
HEAT PUMP
Stories
2
Units
139
Total area
36,306 SF
Lot
2.13 ac (92,783 SF)
APN
162-29-101-033
UPID
US62-0415718
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
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$9.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$15.8M
RETAIL STORES
Est. value
$13.6M
INDUSTRIAL (GENERAL)
Est. value
$11.6M
HOTEL/MOTEL Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1977
Construction
FRAME
Heating
HEAT PUMP
Stories
2
Units
139
Lot
2.13 ac
Current owner
From public records · entity-resolved
D Martin LLC
Entity
Mailing address
8762 PRESTON TRCE BLVD, FRISCO, TX 75033-3009
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2025
—
D Martin LLC
—
Deed
related
$92,710,000 · Greenlake Real Estate Finance LLC
Oct 9, 2024
—
D Martin LLC
—
Deed
related
$1,250,000 · Stabilis Lending LLC
Apr 24, 2024
—
Nevada Corporation
—
Deed
related
$92,710,000 · Greenlake Real Estate Finance LLC
Oct 26, 2023
—
D Martin LLC
—
Deed
related
$23,100,000 · Stabilis Lending LLC
Mar 10, 2023
—
D Martin LLC
—
Deed
related
$13,000,000 · America First FCU
Apr 5, 2022
$13,250,000
D Martin LLC
G6 Hospitality Property LLC
Special Warranty Deed
$43,500,000 · Stabilis Jv Lending LLC
Sep 15, 2021
—
G Hospitality Property LLC
—
Deed
related
$685,000,000 · Jpmorgan Chase Bank NA
Sep 18, 2017
—
G6 Hospitality Property LLC
—
Loan Modification
related
$2,075,000,000 · Jp Morgan Chase Bk
Aug 7, 2017
—
G6 Hospitality Property LLC
—
Grant Deed
related
$2,010,000,000 · Jp Morgan Chase Bk
Nov 16, 2012
$7,532,500
G6 Hospitality Property LLC
Fourth Berkshire Props LLC
Grant Deed
—
Mar 1, 2001
—
Fourth Berkshire Properties
Glasjar Funding LP
Grant Deed
related
—
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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