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Property profile & analytics
OFF-MARKET
Office buildings
5200 Vegas Dr Las Vegas, NV 89108-2332
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-0062285
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1954
Construction
FRAME
Total area
1,548 SF
Lot
0.61 ac (26,572 SF)
APN
138-24-801-027
UPID
US62-0062285
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
-
Buenos Aires Air Conditioning & Heating, Inc. HVAC Service General Contractor
-
Integrity Sheet Metal Production Facility Metal Fabrication Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Buenos Aires Air Conditioning & Hea · 4 yrs held
Buenos Aires Air Conditioning & Hea
since 2022
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,652
Tax year 2023
Assessed value
$102,920
Assessed 2024
Previous assessed
$89,275
+15.3% YoY
Effective rate
2.58%
On assessed value
Assessed land
$65,101
Assessed improvement
$37,819
Land market value
$186,003
Improvement market value
$108,054
Total market value
$294,057
Applied tax rate
200.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1954
Construction
FRAME
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Stories
1
Units
1
Rooms
6
Bathrooms
1
Total area
1,548 SF
Lot
0.61 ac (26,572 SF)
APN
138-24-801-027
UPID
US62-0062285
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
1954
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Units
1
Rooms
6
Bathrooms
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
Buenos Aires Air Conditioning & Hea
Individual
Mailing address
5200 VEGAS DR, LAS VEGAS, NV 89108-2332
Mailing matches property
Yes
Owner-occupied
Yes
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
Dec 13, 2024
—
Buenos Aires Air Conditioning & Hea
—
Deed
related
$365,000 · Continental Bank
May 17, 2022
—
Buenos Aires Air Conditioning & Hea
Carlos Avemaria
Bargain And Sale Deed
$300,000 · Continental Bank
Jun 21, 2021
—
5200 Vegas Drive A Series Of Kaisen
Carlos Cristian Avemaria Living Tru
Quit Claim Deed
related
—
Apr 14, 2010
$283,429
Oceanview Real Estate LLC
Avemaria,carlos
Quit Claim Deed
related
—
Jan 20, 2005
$390,000
Carlos Avemaria
Chameleon Refrigeration Air
Grant Deed
—
Jan 22, 2002
$390,000
Chameleon Refrigeration Air Co
Medina,angel & Rosana S
Grant Deed
$210,000 · Community Bank Nevada
Jan 22, 2002
$80,000
Angel Medina
Ramallo,luis O & Susana T
Grant Deed
—
Apr 19, 2000
—
Clark County (nv)
Medina,angel
Grant Deed
related
—
Jun 30, 1999
$60,000
Angel Medina
Krugerrand LLC
Grant Deed
$60,000 · Individual
Jan 14, 1998
$16,000
Krugerrand LLC
Hoover,karen G
Grant Deed
—
Sep 16, 1994
$75,000
George C Hoover
Hoover,george C
Grant Deed
related
$60,000 · Countrywide Funding Corp
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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