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Property profile & analytics
OFF-MARKET
Estimated value
$26,885,000
Apartment buildings
875 Silverado Rnch Blvd Las Vegas, NV 89183-5887
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-0392415
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2002
Total area
1,400 SF
Lot
2.17 ac (94,525 SF)
APN
177-27-502-007
UPID
US62-0392415
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
-
Milan Apartment Townhomes Apartment Complex
-
Rad Rentals LV Car Rental Facility
-
All In One Home Furnishing Furniture & Home Goods Home Decor Store
-
Kandiie's Boutique LLC. Clothing & Fashion Store
-
Fast Services Handyman Hardware & Home Improvement General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$37.14M
Blend (final)
Blend
$26.89M
Owner & transaction history
Milan Holdings I LLC · 9 yrs held
Milan Holdings I LLC
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$26.89M
Range $24.20M – $29.57M · ±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
$19,204 / 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
$6,866
Tax year 2023
Assessed value
$532,000
Assessed 2024
Previous assessed
$465,500
+14.3% YoY
Effective rate
1.29%
On assessed value
Assessed land
$532,000
Land market value
$1,520,000
Total market value
$1,520,000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2002
Heating
YES
Cooling
NONE
Stories
1
Rooms
4
Bathrooms
2
Total area
1,400 SF
Lot
2.17 ac (94,525 SF)
APN
177-27-502-007
UPID
US62-0392415
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
2002
Heating
YES
Cooling
Yes
Stories
1
Rooms
4
Bathrooms
2
Lot
2.17 ac
Current owner
From public records · entity-resolved
Milan Holdings I LLC
Entity
Mailing address
11661 SAN VICENTE BLVD STE #510, LOS ANGELES, CA 90049-5113
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2019
—
Milan Holdings I LLC
—
Grant Deed
related
$60,902,000 · Newmark Knight Frank
Jul 28, 2017
—
Milan Holdings I LLC
—
Grant Deed
related
$57,000,000 · Berkeley Point Cap
Jun 21, 2017
—
Milan Holdings I LLC
Usef Rws 875 Silverado Ranch L
Trustees Deed
related
$57,000,000 · Berkeley Point Cap
Nov 18, 2014
$73,050,000
Usef Rws 875 Silverado Ranch
Acpre Svh Realty LLC
Grant Deed
—
Dec 15, 2011
—
Valley Electric Transmission
Valley Electric Assn INC
Quit Claim Deed
related
$58,230,457 · National Rural Utilities Coope
Oct 4, 2005
$76,000,000
W2005 Svh Realty LLC
Savannah Complex LLC
Grant Deed
—
Jun 28, 2002
—
Pacific Silverado LLC
Silverado 214 LLC
Quit Claim Deed
related
—
Jun 28, 2002
$43,250,000
Pacific Silverado LLC
—
Trustees Deed
related
—
Feb 20, 2001
—
Pacific Silverado LLC
—
Deed Of Trust
related
$35,400,000 · Bank Of America
Jul 8, 1998
—
Clark County (nv)
Pacific Silverado LLC
Grant Deed
related
—
Nov 7, 1997
$96,000
Collins Family LP
Federal Land Management LLC
Grant Deed
—
Oct 8, 1997
$110,000
Lavoie,johnny R
Passarelli,gene
Trustees Deed
—
Oct 8, 1997
$290,000
Federal Land Management LLC
La Voie,john R
Trustees Deed
—
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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