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Property profile & analytics
OFF-MARKET
Estimated value
$1,235,000
Office buildings
7848 Sahara Ave Las Vegas, NV 89117-1944
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US62-0059167
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Construction
FRAME
Total area
4,800 SF
Lot
0.14 ac (6,098 SF)
APN
163-04-814-012
UPID
US62-0059167
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
-
ITECO (Overseas), Inc. Big Box & Wholesale Store
-
Corporate Capital Inc Accounting Firm Tax Preparation
-
Corbet Material Handling Inc. Material Handling Equipment Supplier
-
Promodo Marketing & Advertising
-
Kirk Montez LLC Law Office Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.39M
CAP Approach
CAP
$1.21M
Comparable Approach
Comparable
$1.40M
Blend (final)
Blend
$1.24M
Owner & transaction history
Mack Holding LLC · 6 yrs held
Mack Holding LLC
since 2020
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.8M
+29.9%
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
$1,370,000
ML approach
$1,390,000
CAP Approach
CAP Return
Estimation
6%
$1,315,000
6.5%
$1,210,000
7%
$1,125,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,380,000
Current use
RETAIL STORES
$1,795,000
Change: +30% · Conversion: Moderate
MEDICAL BUILDING
$1,320,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$1.24M
Range $1.11M – $1.36M · ±10% · vs last sale $1.01M (Jan 10 2020)
Last sale anchor
$1.01M
Jan 10 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
$257 / 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
$7,570
Tax year 2023
Assessed value
$263,563
Assessed 2024
Previous assessed
$230,823
+14.2% YoY
Effective rate
2.87%
On assessed value
Assessed land
$119,921
Assessed improvement
$143,642
Land market value
$342,631
Improvement market value
$410,406
Total market value
$753,037
Applied tax rate
200.0000
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
Off-Market
Year built
2003
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Total area
4,800 SF
Lot
0.14 ac (6,098 SF)
APN
163-04-814-012
UPID
US62-0059167
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
$1.4M
RETAIL STORES
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.3M
OFFICE BUILDING Current
RETAIL STORES
MEDICAL 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
2003
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Mack Holding LLC
Entity
Mailing address
7848 W SAHARA AVE, LAS VEGAS, NV 89117-1944
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2020
—
Mack Holding LLC
—
Deed
related
$414,000 · Nevada St Dev
Jan 10, 2020
$1,012,500
Mack Holding LLC
Predio LLC
Grant Deed
$400,000 · Meadows Bk
Jun 28, 2016
—
Predio LLC
—
Deed
related
$547,861 · Western Alliance Bk
—
—
Mack Holding LLC
—
Deed Of Trust
related
$414,000 · Nevada St Dev
—
—
Mack Holding LLC
—
Deed Of Trust
related
$527,000 · Meadows Bk
—
—
Predio LLC
—
Deed Of Trust
related
$500,000 · Bank Of Nevada
—
—
Predio LLC
—
Loan Modification
related
$547,861 · Western Alliance Bk
—
—
Predio LLC
—
Deed Of Trust
related
$195,000 · Bankwest Of Nevada
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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