Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    920 Bannockburn St Las Vegas, NV 89145-8515

    • Specialty properties
    • 661 SF
    • 0.99 lot acres
    OFF-MARKET
    Value Estimations
    $860,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US62-0467899
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Specialty properties

    Property Details for 920 Bannockburn St

    Year built
    2000
    Construction
    FRAME
    Lot size
    0.99 lot acres
    Property size
    661 SF
    Property type
    Specialty properties
    APN
    138-32-413-009
    APU
    13832413009

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.296
    Latitude
    36.161
    CBSA code
    29820
    CBSA name
    LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $3,170,000
      2,432 SF

      10181 Juniper Crk Ln

      PROFESSIONAL CLUBS/ASSOCIATIONS • 2,432 SF
      10181 Juniper Crk Ln, Las Vegas, NV 89145-8824
      View Details
    • Value Estimation by Request
      7,663 SF

      9119 Alta Dr

      PROFESSIONAL CLUBS/ASSOCIATIONS • 7,663 SF
      9119 Alta Dr, Las Vegas, NV 89145-8501
      View Details
    • Value Estimation
      $7,675,000
      5,886 SF

      851 Palace Ct

      PROFESSIONAL CLUBS/ASSOCIATIONS • 5,886 SF
      851 Palace Ct, Las Vegas, NV 89145-8614
      View Details
    • Value Estimation
      $1,440,000
      1,104 SF

      259 Cimarron Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 1,104 SF
      259 Cimarron Rd, Las Vegas, NV 89145-3918
      View Details
    • Value Estimation
      $590,000
      15,713 SF

      891 Rampart Blvd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 15,713 SF
      891 Rampart Blvd, Las Vegas, NV 89145-4826
      View Details
    • Value Estimation
      $1,630,000
      2,454 SF

      244 Rainbow Blvd

      VETERINARY, ANIMAL HOSPITAL • 2,454 SF
      244 Rainbow Blvd, Las Vegas, NV 89145-5329
      View Details

    Similar Nearby for Sale

    • $159,900
      636 SF

      Upgraded Condo Near Summerlin

      One-bedroom condo with new upgrades, near highways and amenities.
      7300 Pirates Cove Rd, Las Vegas, NV 89145
      View Details
    • $2,950,000
      4,826 SF

      Luxury High-Rise Condo with Strip Views

      Spacious condo with Red Rock and Strip views, private garage.
      9103 Alta Dr, Las Vegas, NV 89145
      View Details
    • $1,999,987
      3,100 SF

      Luxury High-Rise Living in Las Vegas

      Elegant high-rise residence with panoramic views and resort-style amenities.
      9101 Alta Dr, Las Vegas, NV 89145
      View Details
    • $925,000
      2,014 SF

      Luxury High-Rise Living in Las Vegas

      Stunning 2-bed, 2.5-bath residence with luxury amenities.
      9101 Alta Dr, Las Vegas, NV 89145
      View Details
    • $2,500,000
      3,377 SF

      Garden Unit in Las Vegas High-Rise

      Rare garden unit with private patio and detached guest house.
      9103 Alta Dr, Las Vegas, NV 89145
      View Details
    • $2,395,000
      3,856 SF

      Luxury High-Rise Residence with Strip Views

      Immaculately maintained residence with panoramic views and luxurious amenities.
      9103 Alta Dr, Las Vegas, NV 89145
      View Details

    Similar Nearby for Lease

    • $1.20 SF/Yr
      28,893 SF

      Elegant Garden Style Office Complex

      Two-story office complex with courtyard, ample parking, and freeway access.
      222 S Rainbow Blvd, Las Vegas, NV 89145
      View Details
    • Contact for pricing
      9,350 SF

      Premier Retail Space in Summerlin

      Restaurant and retail opportunities in a high-traffic Las Vegas location.
      820 S Rampart Blvd, Las Vegas, NV 89145
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space on Rainbow Boulevard

      1,600 sq ft retail space available for rent.
      4122 S Rainbow Blvd, Las Vegas, NV 89145
      View Details
    • $1,100 /Mo

      Remodeled Unit in Gated Community

      Modern 1-bedroom unit with pool access and convenient location.
      7100 Pirates Cove Rd, Las Vegas, NV 89145
      View Details
    • Contact for pricing
      3,680 SF

      Retail Space in Las Vegas

      Retail space with amenities in a shopping center setting.
      440 S Rampart Blvd, Las Vegas, NV 89145
      View Details
    • $22 SF/Yr
      5,688 SF

      Westcliff Plaza Office Suites

      Las Vegas Executive Office Space Available
      401 Buffalo Dr, Las Vegas, NV 89145
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    920 Bannockburn St
    Las Vegas, NV 89145-8515
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.