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Property profile & analytics
OFF-MARKET
Estimated value
$1,420,000
Office buildings
8250 Dean Martin Dr, Las Vegas, NV 89139-7885
Entity Owned
3-yr Hold
Free & Clear
Property ID
US62-0741772
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1994
Construction
FRAME
Total area
5,470 SF
Lot
28.94 ac (1,260,626 SF)
APN
177-17-111-004
UPID
US62-0741772
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.36M
CAP Approach
CAP
$1.38M
Comparable Approach
Comparable
$1.51M
Blend (final)
Blend
$1.42M
Owner & transaction history
Majestic Enterprise Holdings LLC · 3 yrs held
Majestic Enterprise Holdings LLC
since 2022
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.0M
+23.5%
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
by Request
ML approach
$1,360,000
CAP Approach
CAP Return
Estimation
6%
$1,495,000
6.5%
$1,380,000
7%
$1,285,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,655,000
Current use
RETAIL STORES
$2,045,000
Change: +23% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,620,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$1.42M
Range $1.28M – $1.56M · ±10%
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
$260 / 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
$182,530
Tax year 2023
Assessed value
$9,583,111
Assessed 2024
Previous assessed
$8,670,627
+10.5% YoY
Effective rate
1.90%
On assessed value
Assessed land
$9,265,601
Assessed improvement
$317,510
Land market value
$26,473,146
Improvement market value
$907,171
Total market value
$27,380,317
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1994
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Total area
5,470 SF
Lot
28.94 ac (1,260,626 SF)
APN
177-17-111-004
UPID
US62-0741772
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
$1.7M
RETAIL STORES
Est. value
$2.0M
INDUSTRIAL (GENERAL)
Est. value
$1.6M
OFFICE BUILDING Current
RETAIL STORES
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
1994
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Lot
28.94 ac
Current owner
From public records · entity-resolved
Majestic Enterprise Holdings LLC
Entity
Free & Clear · 3 yrs held
Mailing address
13191 XRDS PKWY N, CITY OF INDUSTRY, CA 91746-3421
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2022
—
Majestic Enterprise Holdings LLC
Majestic Enterprise Holdings LLC
Correction Deed
related
—
Jun 28, 2022
—
Majestic Enterprise Holdings LLC
Majestic Enterprise Holdings LLC
Intrafamily Transfer
related
—
Mar 7, 2018
—
Majestic Ent Holdings LLC
—
Loan Modification
related
$18,000,000 · Mufg Union Bk NA
Jun 27, 2012
—
Majestic Ent Holdings LLC
Majestic Ent Holdings LLC
Quit Claim Deed
related
—
—
—
Majestic Ent Holdings LLC
—
Loan Modification
related
$14,518,075 · Union Bk/streator
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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