Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    5145 Golden Ln Las Vegas, NV 89119

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5145 Golden Ln Las Vegas, NV 89119

    View on Map
    • Commercial real estate
    • 4,792 SF
    • 0.11 lot acres
    Off-Market
    Property ID
    US62-1195193
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 5145 Golden Ln

    Year built
    1977
    Lot size
    0.11 lot acres
    Property size
    4,792 SF
    Property type
    Commercial real estate
    APN
    162-27-617-006

    Description

    This exceptional investment opportunity presents a four-unit apartment building located in Las Vegas, Nevada's desirable Strip/University submarket. The property, situated at 5145 Golden Ln, boasts a total of 4,792 square feet, with 3,648 square feet of net rentable space. Built in 1977 and renovated in 2019, this Class C property features a mix of unit sizes: one three-bedroom, one two-bedroom, and two one-bedroom units. Each unit includes a private single-car garage, in-unit washer/dryer, and patio access. The property benefits from a 100% occupancy rate, generating a current NOI of $33,500 and a 5.40% cap rate. A pro-forma analysis projects a NOI of $44,000 and a 7.10% cap rate, indicating significant value-add potential. The property sits on a 0.11-acre lot and is zoned RM18. Conveniently located within two miles of the University of Nevada Las Vegas, Harry Reid International Airport, and the Las Vegas Strip, the property enjoys proximity to shopping, dining, and entertainment. Community amenities include a pool and BBQ grills. HOA covers water, sewer, and trash, further enhancing the investment appeal. Individual electricity meters ensure efficient utility billing. This property offers a compelling combination of strong current performance and significant upside potential, making it an ideal addition to any investment portfolio. The asking price is $620,000, representing $155,000 per unit and $129.38 per square foot.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.1385424
    Latitude
    36.0963213

    Comparable in this City

    • $209,900
      1,321 SF

      Las Vegas Condo Near Strip

      Updated condo near the Las Vegas Strip with ongoing renovations.
      3930 University Center Dr, Las Vegas, NV 89119
      View Details
    • $149,000
      1,080 SF

      Las Vegas Condo with Amenities

      First-floor condo near UNLV with resort-style amenities.
      3930 University Center Dr, Las Vegas, NV 89119
      View Details
    • Contact for pricing
      161,160 SF

      Las Vegas Multifamily Investment Opportunity

      Two multifamily properties with value-add potential in Las Vegas.
      5055 Jeffreys St, Las Vegas, NV 89119
      View Details
    • Contact for pricing
      862 SF

      Ground Floor Duplex Investment

      Two-unit duplex near UNLV and the Las Vegas Strip.
      5378 Swenson St, Las Vegas, NV 89119
      View Details

    Similar Nearby for Sale

    • $209,900
      1,321 SF

      Las Vegas Condo Near Strip

      Updated condo near the Las Vegas Strip with ongoing renovations.
      3930 University Center Dr, Las Vegas, NV 89119
      View Details
    • Contact for pricing
      161,160 SF

      Las Vegas Multifamily Investment Opportunity

      Two multifamily properties with value-add potential in Las Vegas.
      5055 Jeffreys St, Las Vegas, NV 89119
      View Details
    • $149,000
      1,080 SF

      Las Vegas Condo with Amenities

      First-floor condo near UNLV with resort-style amenities.
      3930 University Center Dr, Las Vegas, NV 89119
      View Details
    • Contact for pricing
      862 SF

      Ground Floor Duplex Investment

      Two-unit duplex near UNLV and the Las Vegas Strip.
      5378 Swenson St, Las Vegas, NV 89119
      View Details

    Similar Nearby for Lease

    • $1,250 /Mo
      1,466 SF

      Upgraded Townhouse with Community Pool

      Three-bedroom, 2.5-bath townhouse with community pool in Las Vegas.
      3994 Visby Ln, Las Vegas, NV 89119
      View Details
    • $1,550 /Mo

      Remodeled Unit Near Las Vegas Strip

      Remodeled 2-bedroom, 2-bath unit in a well-maintained fourplex.
      1611 E Harmon Ave, Las Vegas, NV 89119
      View Details
    • Contact for pricing

      Las Vegas Retail/Office Space

      Retail and office spaces in central Las Vegas Valley.
      2285 E Flamingo Rd, Las Vegas, NV 89119
      View Details
    • Contact for pricing

      Industrial Park Near Las Vegas Strip

      Industrial and office spaces for lease near McCarran International Airport.
      6410 S Eastern Ave, Las Vegas, NV 89119
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail property available for lease in Las Vegas, Nevada.
      1040 E Flamingo Rd, Las Vegas, NV 89119
      View Details
    • $1.40 SF/Yr
      6,849 SF

      Flamingo Road Office Space Available

      Office space near Sunrise Hospital, ideal for medical or professional uses.
      1670 East Flamingo Rd, Las Vegas, NV 89119
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5145 Golden Ln
    Las Vegas, NV 89119
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5145 Golden Ln, Las Vegas, NV, 89119
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!