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Property profile & analytics
FOR SALE
Office buildings
714 S 4Th St Las Vegas, NV 89101
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US62-0411599
For Sale
1 / 3
$2,299,000
714 S 4Th St, Las Vegas, NV 89101
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1970
Construction
FRAME
Total area
7,496 SF
Lot
0.33 ac (14,375 SF)
APN
139-34-410-118
UPID
US62-0411599
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
-
All World Ventures LLC Business Administration Service
-
Frequency Entertainment, LLC Theater & Performing Art Venue Music Venue
-
Las Vegas Discount Home Inspections Home Inspector
-
Knudsen Design Studio Interior Design Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.74M
CAP Approach
CAP
$1.90M
Comparable Approach
Comparable
$1.79M
Blend (final)
Blend
$2.32M
Owner & transaction history
Ellen Ohana Group LLC · 3 yrs held
Ellen Ohana Group LLC
since 2022
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.3M
+30.0%
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
$2,715,000
ML approach
$2,735,000
CAP Approach
CAP Return
Estimation
6%
$2,050,000
6.5%
$1,895,000
7%
$1,760,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,505,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,255,000
Change: +30% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,220,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$2.32M
Range $2.09M – $2.55M · ±10% · vs last sale $2.40M (Oct 26 2022)
Last sale anchor
$2.40M
Oct 26 2022
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
$309 / 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
$9,670
Tax year 2023
Assessed value
$309,778
Assessed 2024
Previous assessed
$294,889
+5.0% YoY
Effective rate
3.12%
On assessed value
Assessed land
$186,156
Assessed improvement
$123,622
Land market value
$531,874
Improvement market value
$353,206
Total market value
$885,080
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1970
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Total area
7,496 SF
Lot
0.33 ac (14,375 SF)
APN
139-34-410-118
UPID
US62-0411599
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 Current
Est. value
$2.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.3M
INDUSTRIAL (GENERAL)
Est. value
$2.2M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
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
1970
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Ellen Ohana Group LLC
Entity
Mailing address
840 S RANCHO DR STE #4, LAS VEGAS, NV 89106-3800
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2022
$2,400,000
Ellen Ohana Group LLC
Bsh Plz LLC
Bargain And Sale Deed
$1,560,000 · Poppy Bank
Aug 12, 2020
—
Bsh Plz LLC
—
Deed
related
$650,000 · Western Alliance Bk
Jul 17, 2020
$1,300,000
Bsh Plz LLC
Kint LLC
Bargain And Sale Deed
$520,000 · Western Alliance Bank
Feb 24, 2005
—
Kint LLC
Owner,record
Grant Deed
related
—
Sep 10, 2004
—
Kint LLC
Kint LLC
Quit Claim Deed
related
—
Mar 16, 2004
$760,000
Thomas J Moreo
Zittrer,tr
Grant Deed
related
$460,000 · Clark County Cu
Feb 14, 2000
—
Levine-ellison LLC
Ellison,susan
Quit Claim Deed
related
—
Oct 6, 1999
—
Levine Trust
714 Building Gp
Quit Claim Deed
related
—
Aug 23, 1999
—
Levine Trust
714 Building
Quit Claim Deed
related
—
Aug 20, 1996
—
Schumer Trust
714 Building
Grant Deed
related
—
Feb 6, 1995
—
Schumer Trust
714 Building
Grant Deed
related
—
—
—
Bsh Plz LLC
—
Deed Of Trust
related
$650,000 · Western Alliance 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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