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Property profile & analytics
OFF-MARKET
Estimated value
$2,160,000
Motels
5355 Kyle Cyn Rd Las Vegas, NV 89124-9234
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US62-0816383
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1995
Construction
FRAME
Total area
12,672 SF
Lot
2.18 ac (94,961 SF)
APN
129-36-101-017
UPID
US62-0816383
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.16M
CAP Approach
CAP
$1.50M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.16M
Owner & transaction history
Kyle Canyon Hospitality LLC · 1 yrs held
Kyle Canyon Hospitality LLC
since 2024
Last sale
$2.2M
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
Method
Estimation
Statistic approach
$2,160,000
ML approach
$2,160,000
CAP Approach
CAP Return
Estimation
6%
$1,625,000
6.5%
$1,500,000
7%
$1,395,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$3,380,000
Current use
Blend value · Realmo final
$2.16M
Range $1.94M – $2.38M · ±10% · vs last sale $2.16M (Jul 26 2024)
Last sale anchor
$2.16M
Jul 26 2024
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
$170 / 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
$21,188
Tax year 2023
Assessed value
$695,963
Assessed 2024
Previous assessed
$641,395
+8.5% YoY
Effective rate
3.04%
On assessed value
Assessed land
$226,800
Assessed improvement
$469,163
Land market value
$648,000
Improvement market value
$1,340,466
Total market value
$1,988,466
Applied tax rate
115.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1995
Construction
FRAME
Heating
FLOOR/WALL FURNACE
Stories
1
Units
24
Total area
12,672 SF
Lot
2.18 ac (94,961 SF)
APN
129-36-101-017
UPID
US62-0816383
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
$3.4M
HOTEL/MOTEL Current
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
1995
Construction
FRAME
Heating
FLOOR/WALL FURNACE
Stories
1
Units
24
Lot
2.18 ac
Current owner
From public records · entity-resolved
Kyle Canyon Hospitality LLC
Entity
Mailing address
4178 KOVAL LN, LAS VEGAS, NV 89109-4568
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
23 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2024
$2,160,000
Kyle Canyon Hospitality LLC
Mt Charleston Cabins Association
Bargain And Sale Deed
$926,239 · The Lionel Foundation
Sep 26, 2023
—
Kyle Canyon Hospitality LLC
Mt Charleston Cabins Association
Re-recorded Document
related
$926,239 · The Lionel Foundation
Jul 31, 2023
$2,160,000
Kyle Canyon Hospitality LLC
Mt Charleston Cabins Association
Bargain And Sale Deed
$926,239 · The Lionel Foundation
Sep 22, 2020
$194,354
Charleston Hospitality LLC
Christopher Alexander Trust
Grant Deed
—
Sep 22, 2020
$97,177
Christopher,alexander Trust
Eric Rietz
Grant Deed
—
Sep 22, 2020
—
Mt Charleston Hospitality LLC
—
Deed
related
$193,226 · Christopher Alexander Tr (pt)
Jul 31, 2020
$125,000
Mt Charleston Retreat
Fred C Sorenson
Grant Deed
—
Jul 16, 2020
$1,750,000
Mt Charleston Hospitality LLC
Lionel Foundation
Grant Deed
$1,450,000 · Lionel Foundation
May 18, 2018
$150,000
Sfih LLC
Lodge LLC
Grant Deed
—
Feb 3, 2017
$2,068
Lodge LLC
Mt Charleston Cabins Assn
Quit Claim Deed
related
—
Sep 1, 2016
$120,000
Lodge LLC
Paulson Investments LLC
Grant Deed
—
Mar 9, 2016
$80,000
Lionel Foundation
Nevada Title Co|peeples,debra
Trustees Deed
—
Mar 9, 2016
$100,000
Lionel Foundation
Nevada Title Co|lake,robert C
Trustees Deed
—
Mar 9, 2016
$105,000
Lionel Foundation
Nevada Title Co|rowe,harold C III
Trustees Deed
—
Mar 9, 2016
$90,000
Lionel Foundation
Nevada Title Co|lashley,raymond T
Trustees Deed
—
Mar 9, 2016
$95,000
Lionel Foundation
Nevada Title Co|horn,daniel J
Trustees Deed
—
Mar 9, 2016
$85,000
Lionel Foundation
Nevada Title Co|zox Trust
Trustees Deed
—
Mar 9, 2016
$140,000
Lionel Foundation
Nevada Title Co|cooper,benjamin
Trustees Deed
—
Mar 3, 2011
$10,200
Lionel Foundation
Nevada Title Co
Trustees Deed
—
Feb 23, 2011
$11,000
Lionel Foundation
Nevada Title Co
Trustees Deed
—
Feb 23, 2011
$10,100
Lionel Foundation
Nevada Title Co
Trustees Deed
—
Feb 23, 2011
$12,000
Lionel Foundation
Nevada Title Co
Trustees Deed
—
—
—
Mt Charleston Hospitality LLC
—
Deed Of Trust
related
$193,226 · Christopher Alexander Tr (pt)
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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