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Property profile & analytics
OFF-MARKET
Estimated value
$6,355,000
Motels
525 Bonanza Rd Las Vegas, NV 89101-3038
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-0384527
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1985
Construction
FRAME
Total area
71,715 SF
Lot
1.58 ac (68,825 SF)
APN
139-27-805-003
UPID
US62-0384527
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
-
Cloudbreak Apartment Building
-
U.S.Vets Charitable Organization Social Service Agency
-
Amusing bulb smart Home and security tech Security Service
-
Gunneys Mobile Oil Xchange & Tune-Up LLC Auto Repair Shop
-
Victorious go gettas Theater & Performing Art Venue Music Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.49M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.36M
Owner & transaction history
Cloudbreak Las Vegas Hldgs LLC · 6 yrs held
Cloudbreak Las Vegas Hldgs LLC
since 2019
6 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%
$9,195,000
6.5%
$8,490,000
7%
$7,885,000
Blend value · Realmo final
$6.36M
Range $5.72M – $6.99M · ±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
$54,590
Tax year 2023
Assessed value
$1,816,939
Assessed 2024
Previous assessed
$1,665,149
+9.1% YoY
Effective rate
3.00%
On assessed value
Assessed land
$367,500
Assessed improvement
$1,449,439
Land market value
$1,050,000
Improvement market value
$4,141,254
Total market value
$5,191,254
Applied tax rate
203.0000
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
1985
Construction
FRAME
Heating
HEAT PUMP
Stories
3
Units
150
Total area
71,715 SF
Lot
1.58 ac (68,825 SF)
APN
139-27-805-003
UPID
US62-0384527
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
HEAT PUMP
Stories
3
Units
150
Lot
1.58 ac
Current owner
From public records · entity-resolved
Cloudbreak Las Vegas Hldgs LLC
Entity
Mailing address
414 S MARENGO AVE, PASADENA, CA 91101-3113
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2019
—
Cloudbreak Las Vegas Hldgs LLC
Cloudbreak Las Vegas LLC
Quit Claim Deed
related
$5,720,000 · Walker & Dunlop
Sep 25, 2017
—
Cloudbreak Las Vegas LLC
—
Deed
related
$3,850,000 · Amegy Bk
Dec 30, 2003
$1,135,000
Cloudbreak Las Vegas LLC
Las Vegas Nevada B P O Elks
Grant Deed
related
$3,500,000 · USA Capital Diversified Trust
Apr 3, 2000
$2,845,323
525 E Bonanza Rd LLC
Hamilton,terry
Trustees Deed
—
—
—
Cloudbrea Las Vegas LLC
—
Loan Modification
related
$250,000 · Pacific Western Bank
—
—
Cloudbreak Las Vegas LLC
—
Deed Of Trust
related
$3,850,000 · Amegy 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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