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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Banks
8275 Flamingo Rd Las Vegas, NV 89147-4109
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US62-1242067
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2001
Construction
FRAME
Total area
11,871 SF
Lot
0.88 ac (38,333 SF)
APN
163-21-119-002
UPID
US62-1242067
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
-
Silver State Schools Credit Union Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$465k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$639k
Blend (final)
Blend
$550k
Owner & transaction history
Kimball Family LP · 8 yrs held
Kimball Family LP
since 2017
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
by Request
ML approach
$465,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$46 / 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
$24,794
Tax year 2023
Assessed value
$934,213
Assessed 2024
Previous assessed
$845,307
+10.5% YoY
Effective rate
2.65%
On assessed value
Assessed land
$254,914
Assessed improvement
$679,299
Land market value
$728,326
Improvement market value
$1,940,854
Total market value
$2,669,180
Applied tax rate
417.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2001
Construction
FRAME
Heating
HEAT PUMP
Stories
2
Total area
11,871 SF
Lot
0.88 ac (38,333 SF)
APN
163-21-119-002
UPID
US62-1242067
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
2001
Construction
FRAME
Heating
HEAT PUMP
Stories
2
Lot
0.88 ac
Current owner
From public records · entity-resolved
Kimball Family LP
Entity
Mailing address
591 TELEGRAPH CYN RD #116, CHULA VISTA, CA 91910-6436
Ownership since
2017
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
Aug 1, 2017
$4,400,000
Kimball Family LP
Lvg 1 LLC
Grant Deed
—
Jul 1, 2011
$2,158,000
Lvg 1 LLC
Zoe Golden LLC
Grant Deed
—
Sep 15, 2005
$4,547,224
Zoe Golden LLC
Juliet Office Park II LLC
Grant Deed
—
Jan 24, 2002
—
Juliet Office Park II LLC
Juliet Office Park LLC
Quit Claim Deed
related
$2,800,000 · Prudential Mortgage Capital Co
—
—
Juliet Office Park LLC
—
Deed Of Trust
related
$1,624,000 · Bank Of Nevada
—
—
Zoe Golden LLC
—
Deed Of Trust
related
$5,050,000 · Service First Bank
—
—
Lvg 1 LLC
—
Deed Of Trust
related
$1,080,000 · First Savings Bank
—
—
Zoe Golden LLC
—
Deed Of Trust
related
$2,000,000 · Sunwest Bank
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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