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Property profile & analytics
OFF-MARKET
Commercial real estate
886 Sahara Ave Ste 2 Las Vegas, NV 89104-3033
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US62-0056500
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1967
Construction
FRAME
Total area
1,885 SF
Lot
0.13 ac (5,663 SF)
APN
162-03-801-073
UPID
US62-0056500
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
880 E Sahara LLC Series 2 · 3 yrs held
880 E Sahara LLC Series 2
since 2023
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
—
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
$773
Tax year 2023
Assessed value
$27,940
Assessed 2024
Previous assessed
$27,799
+0.5% YoY
Effective rate
2.77%
On assessed value
Assessed land
$26,758
Assessed improvement
$1,182
Land market value
$76,451
Improvement market value
$3,377
Total market value
$79,828
Applied tax rate
212.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1967
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Total area
1,885 SF
Lot
0.13 ac (5,663 SF)
APN
162-03-801-073
UPID
US62-0056500
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
1967
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
880 E Sahara LLC Series 2
Entity
Mailing address
880 E SAHARA AVE, LAS VEGAS, NV 89104-3002
Ownership since
2023
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
May 4, 2023
—
880 E Sahara LLC Series 2
Michael E Felling
Bargain And Sale Deed
—
May 20, 2019
—
880 E Sahara LLC
—
Deed
related
$900,000 · Lantzman Management INC
Jun 20, 2018
—
880 E Sahara LLC
Felling,michael
Quit Claim Deed
related
—
Jul 24, 2017
$70,000
Michael Felling
Vanhaverbeke Management LLC
Grant Deed
related
$700,000 · Howard Family Trust (pt)
Feb 6, 2009
$215,000
Vanhaverbeke Management LLC
Thomson,mark L & Shin S
Grant Deed
—
Mar 15, 2004
$172,000
Mark L Thomson
Rosen,edward G & Arlene L
Grant Deed
—
Jul 28, 1992
$142,000
Rosen Edward G
Unknown
Grant Deed
$107,000 · Haley Douglas C Etux
—
—
Vanhaverbeke Management LLC
—
Deed Of Trust
related
$1,262,724 · Nevada Commerce 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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