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Property profile & analytics
OFF-MARKET
Estimated value
$7,635,000
Motels
580 Mesa Blvd Mesquite, NV 89027-4956
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US62-1270777
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1996
Construction
FRAME
Total area
52,240 SF
Lot
3.74 ac (162,914 SF)
APN
001-10-201-009
UPID
US62-1270777
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
-
580 Mesa Boulevard LLC or Mesa Boulevard Apartments Apartment Complex
-
Mesa Boulevard Apartments Furnished Apartment Building Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.17M
CAP Approach
CAP
$10.31M
Comparable Approach
Comparable
$9.96M
Blend (final)
Blend
$7.64M
Owner & transaction history
580 Mesa Blvd LLC · 5 yrs held
580 Mesa Blvd LLC
since 2021
Last sale
$7.2M
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 Mesquite submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mesquite 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
$8,020,000
ML approach
$8,170,000
CAP Approach
CAP Return
Estimation
6%
$11,165,000
6.5%
$10,305,000
7%
$9,570,000
Blend value · Realmo final
$7.64M
Range $6.87M – $8.40M · ±10% · vs last sale $7.18M (Apr 9 2021)
Last sale anchor
$7.18M
Apr 9 2021
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
$146 / 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
$47,283
Tax year 2023
Assessed value
$1,913,021
Assessed 2024
Previous assessed
$1,704,627
+12.2% YoY
Effective rate
2.47%
On assessed value
Assessed land
$145,401
Assessed improvement
$1,767,620
Land market value
$415,431
Improvement market value
$5,050,343
Total market value
$5,465,774
Applied tax rate
901.0000
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
1996
Construction
FRAME
Heating
HEAT PUMP
Stories
2
Units
126
Total area
52,240 SF
Lot
3.74 ac (162,914 SF)
APN
001-10-201-009
UPID
US62-1270777
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
1996
Construction
FRAME
Heating
HEAT PUMP
Stories
2
Units
126
Lot
3.74 ac
Current owner
From public records · entity-resolved
580 Mesa Blvd LLC
Entity
Mailing address
510 W PLUMB LN STE B, RENO, NV 89509-3693
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2022
—
580 Mesa Blvd LLC
—
Deed
related
$66,000 · Trustee Tamara Jayne Doss Ira
Dec 21, 2021
—
580 Mesa Blvd LLC
—
Deed
related
$475,000 · Hingj INC
Jun 11, 2021
—
580 Mesa Blvd LLC
—
Deed
related
$4,924,500 · Horizon Community Bank INC
Apr 9, 2021
$7,175,000
580 Mesa Blvd LLC
Mesquite Nv Suites LLC
Bargain And Sale Deed
$3,200,000 · Lantzman Management INC
May 2, 2016
—
Mesquite Nv Suites LLC
Mesquite Suites LLC
Quit Claim Deed
related
$3,660,000 · East West Bk
Jul 30, 2007
$6,250,000
Mesquite Suites LLC
Bengochea,amador A
Grant Deed
$5,137,500 · First Republic Bank
Dec 24, 2003
$3,900,000
Amador A Bengochea
Rock Springs Vista Development
Grant Deed
$2,460,000 · Bank Of Nevada
—
—
Springs Vista Development Rock
—
Deed Of Trust
related
$3,000,000 · America First Cu
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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