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Property profile & analytics
OFF-MARKET
Estimated value
$1,085,000
Industrial properties
6635 Badura Ave Las Vegas, NV 89118-4674
Individually Owned
6-yr Hold
Free & Clear
Property ID
US62-0348585
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2007
Construction
CONCRETE
Total area
5,787 SF
Lot
0.13 ac (5,787 SF)
APN
176-02-311-011
UPID
US62-0348585
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
-
Proprietor's Reserve Hotel & Motel Resort
-
The Music Alliance Academy Vocational School Training Center
-
Brazilian Gold (Bike/Boat/Book/etc) Store
-
Sport Write Association Or Organization
-
Test Site Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.18M
Blend (final)
Blend
$1.09M
Owner & transaction history
Sung Yun · 6 yrs held
Sung Yun
since 2020
Last sale
$985,000
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
$1,125,000
ML approach
$1,150,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,680,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$1.09M
Range $977k – $1.19M · ±10% · vs last sale $985k (Mar 20 2020)
Last sale anchor
$985k
Mar 20 2020
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
$187 / 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
$2,875
Tax year 2023
Assessed value
$156,313
Assessed 2024
Previous assessed
$139,867
+11.8% YoY
Effective rate
1.84%
On assessed value
Assessed land
$42,130
Assessed improvement
$114,183
Land market value
$120,371
Improvement market value
$326,237
Total market value
$446,608
Applied tax rate
635.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2007
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Total area
5,787 SF
Lot
0.13 ac (5,787 SF)
APN
176-02-311-011
UPID
US62-0348585
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
OFFICE BUILDING
Est. value
$1.7M
OFFICE BUILDING
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
2007
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Sung Yun
Individual
Free & Clear · 6 yrs held
Mailing address
2456 DESERT SANDS DR, LAS VEGAS, NV 89134-8863
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 28, 2022
—
Peter Lik Badura LLC
—
Deed
related
$4,881,550 · Zb NA
Jul 27, 2021
—
Sunq Holdings LLC
—
Deed
related
$700,000 · Zb NA
Mar 20, 2020
$5,000
Sung Yun
Sccaa Holdings LLC
Correction Deed
—
Mar 16, 2020
$980,000
Sung Yun
Sccaa Holdings LLC
Grant Deed
—
Apr 12, 2017
$800,000
Fortress Partners LLC
Arby Studios LLC
Bargain & Sale Deed
$560,000 · First Savings Bank
Jun 20, 2016
—
Badura A3 LLC
—
Deed
related
$248,000 · Mortgage Cap Dev
Jun 9, 2016
—
Badura A3 LLC
Peter Lik Badura LLC
Quitclaim Deed
related
$240,000 · Meadows Bk
May 27, 2016
—
Immersa Learning Network Co
Peter Lik Badura LLC
Grant Deed
related
—
May 9, 2016
$570,000
Immersa Learning Network Co
Peter Lik Badura LLC
Grant Deed
—
May 6, 2016
$591,000
Song,sun Spendhtrift Trust
Castillo LLC
Grant Deed
—
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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