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Property profile & analytics
OFF-MARKET
Estimated value
$870,000
Day care centers
8185 Tamarus St Las Vegas, NV 89123-2464
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US62-1197341
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1998
Construction
FRAME
Total area
12,940 SF
Lot
2.31 ac (100,624 SF)
APN
177-14-101-014
UPID
US62-1197341
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
-
Coral Academy of Science Las Vegas High School
-
Champions at Coral Academy Tamarus Campus Tutoring Service Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$870k
Owner & transaction history
Coral Academy Of Science Las Vegas · 7 yrs held
Coral Academy Of Science Las Vegas
since 2018
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$67 / 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
Assessed value
$1,075,237
Assessed 2024
Previous assessed
$971,910
+10.6% YoY
Assessed land
$352,184
Assessed improvement
$723,053
Land market value
$1,006,240
Improvement market value
$2,065,866
Total market value
$3,072,106
Applied tax rate
470.0000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1998
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Total area
12,940 SF
Lot
2.31 ac (100,624 SF)
APN
177-14-101-014
UPID
US62-1197341
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
1998
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Lot
2.31 ac
Current owner
From public records · entity-resolved
Coral Academy Of Science Las Vegas
Individual
Mailing address
7951 DEER SPGS WAY, LAS VEGAS, NV 89131-4065
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2021
—
Coral Academy Of Science Las Vegas
—
Deed
related
$34,770,000 · Us Bank NA
Oct 31, 2018
—
Coral Academy Of Science Las Vegas
Happy Trails School LLC
Bargain And Sale Deed
$18,295 · Us Bank NA
Dec 23, 2008
—
Happy Trails INC
Spann,john T
Grant Deed
$2,025,000 · Bank Of George
Aug 22, 2008
$2,700,000
John T Spann
Kamlund
Grant Deed
$2,420,000 · Kamlund
Sep 25, 1997
$300,000
Kamlund
Alger INC
Trustees Deed
$285,750 · Silver State Bank
Sep 25, 1997
$267,500
Kamlund
Holtz,robert L & Barbara A
Trustees Deed
—
—
—
Happy Trails School LLC
—
Deed Of Trust
related
$395,000 · John T & Lynda R Spann
—
—
Happy Trails School LLC
—
Deed Of Trust
related
$175,000 · John T & Lynda R Spann
—
—
Happy Trails School LLC
—
Deed Of Trust
related
$100,000 · Gordon H Smith
—
—
Happy Trails School LLC
—
Deed Of Trust
related
$395,000 · John T & Lynda R Spann
—
—
Happy Trails School LLC
—
Deed Of Trust
related
$70,000 · Michael J Williams
—
—
Happy Trails School LLC
—
Deed Of Trust
related
$50,000 · Robert J & Corie A Naugle
—
—
Happy Trails School LLC
—
Loan Modification
related
$50,000 · Robert J & Corie A Naugle
—
—
Happy Trails School LLC
—
Loan Modification
related
$175,000 · John T & Lynda R Spann
—
—
Happy Trails School LLC
—
Loan Modification
related
$100,000 · Gordon H & Mary S Hager
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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