Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$15,690,000
Motels
8440 Las Vegas S Blvd Las Vegas, NV 89123-1607
Entity Owned
9-yr Hold
Free & Clear
Property ID
US62-0276582
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2001
Construction
FRAME
Total area
139,303 SF
Lot
4.87 ac (212,137 SF)
APN
177-16-201-004
UPID
US62-0276582
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
-
Budget Suites of America Hotel & Motel Vacation Rental
-
Malibu Development Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$16.49M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$15.69M
Owner & transaction history
Bigelow Holding-nevada LLC · 9 yrs held
Bigelow Holding-nevada LLC
since 2016
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
by Request
CAP Approach
CAP Return
Estimation
6%
$17,865,000
6.5%
$16,490,000
7%
$15,315,000
Blend value · Realmo final
$15.69M
Range $14.12M – $17.26M · ±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
$113 / 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
$154,900
Tax year 2023
Assessed value
$7,149,975
Assessed 2024
Previous assessed
$6,366,320
+12.3% YoY
Effective rate
2.17%
On assessed value
Assessed land
$2,002,000
Assessed improvement
$5,147,975
Land market value
$5,720,000
Improvement market value
$14,708,500
Total market value
$20,428,500
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
2001
Construction
FRAME
Heating
HEAT PUMP
Stories
3
Units
316
Total area
139,303 SF
Lot
4.87 ac (212,137 SF)
APN
177-16-201-004
UPID
US62-0276582
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
3
Units
316
Lot
4.87 ac
Current owner
From public records · entity-resolved
Bigelow Holding-nevada LLC
Entity
Free & Clear · 9 yrs held
Mailing address
1899 W BRKS AVE, NORTH LAS VEGAS, NV 89032-3671
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2021
—
Bigelow Holding
—
Deed
related
$347,741,848 · Us Bank NA
Apr 2, 2020
—
Bigelow Holding Nevada Ltd Liabilit
—
Deed
related
$330,000,000 · Us Bank NA
Dec 16, 2016
—
Beigleow Holding Nevada LLC
—
Deed
related
$280,000,000 · Us Bank NA
Aug 19, 2016
—
Bigelow Holding-nevada LLC
Bigelow Holding-nevada LLC
Quit Claim Deed
related
—
Jun 7, 2005
—
Bigelow Holding-nevada LLC
Spc Tx-408 INC
Grant Deed
—
Oct 8, 2003
$16,750,000
Spcl-tx 408 INC
Cartwright,tr
Grant Deed
related
$14,105,000 · Vestine Mortgage Corp
Mar 28, 2003
$1,850,000
Cartwright,tr
Malibu Development Corp
Trustees Deed
related
—
Jan 27, 2003
$5,000
Vestin Fund II LLC
May,peggy S
Trustees Deed
related
—
Dec 14, 2001
—
Malibu Bay Suites LLC
Malibu Development Corp
Quit Claim Deed
related
$13,240,000 · Vestine Mortgage Corp
Nov 29, 2000
—
Malibu Development Corp
G & M Daniel Family L
Grant Deed
related
—
Jul 8, 1999
—
Thomas George
Daniel,george & Mary
Quit Claim Deed
related
—
Jul 8, 1999
$2,000,000
Malibu Development Corp
Joseph,jacob & Chinnama
Trustees Deed
related
—
Jul 7, 1999
—
G & M Daniel Family LP
Daniel,george & Mary
Quit Claim Deed
related
—
Feb 28, 1997
$1,060,000
George Daniel
Donald S Tomlin Trustee
Grant Deed
related
$700,000 · Seller
—
—
Malibu Development Corp
—
Deed Of Trust
related
$250,000 · Vestine Mortgage Corp
—
—
Malibu Canyon Corp
—
Deed Of Trust
related
$146,500 · Cartwright Trust
—
—
Malibu Development Corp
—
Deed Of Trust
related
—
—
—
Malibu Development Corp
—
Deed Of Trust
related
$12,995 · Del Mar Mortgage INC
—
—
Malibu Development Corp
—
Deed Of Trust
related
$1,785,000 · Cartwright Trust
—
—
Malibu Development Corp
—
Deed Of Trust
related
$5,000 · Southwest Escrow Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8440 Las Vegas S Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
