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    Property profile & analytics

    Las Vegas, NV 89108

    • Commercial land
    • 0.48 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 08, 2022
    Location Intelligence
    Property ID
    US62-0550219
    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

    • Commercial land

    Property Details

    Lot size
    0.48 lot acres
    Property type
    Commercial land
    APN
    138-24-511-012
    APU
    13824511012

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.206
    Latitude
    36.2019
    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
    $1,447
    $69,523
    $0.00
    $69,523
    -
    $198,637
    $0.00
    $198,637

    Comparable in this City

    • Value Estimation by Request
      0.34 Acres

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    • Value Estimation by Request
      3.12 Acres

      Las Vegas, NV 89108

      VACANT COMMERCIAL LAND • 3.12 Acres
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    • Value Estimation by Request
      1.04 Acres

      6885 Red Coach Ave

      VACANT COMMERCIAL LAND • 1.04 Acres
      6885 Red Coach Ave, Las Vegas, NV 89108
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    • Value Estimation by Request
      0.06 Acres

      Las Vegas, NV 89108

      VACANT COMMERCIAL LAND • 0.06 Acres
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    • Value Estimation by Request
      0.74 Acres

      6683 Smoke Rnch Rd

      VACANT COMMERCIAL LAND • 0.74 Acres
      6683 Smoke Rnch Rd, Las Vegas, NV 89108-8419
      View Details
    • Value Estimation by Request
      0.45 Acres

      Las Vegas, NV 89108

      VACANT COMMERCIAL LAND • 0.45 Acres
      Las Vegas, NV 89108
      View Details

    Similar Nearby for Sale

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      Finished Commercial Pads Near I-95

      Finished commercial lots ready for ground lease or build to suit.
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    • Contact for pricing

      Retail Pad on Rainbow Blvd

      Retail pad with drive-thru options in a dense trade area.
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    Similar Nearby for Lease

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      Decatur Blvd Office Space, Las Vegas

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      Decatur Blvd Retail Spaces Available

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    • $1,400 /Mo
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    • $19 SF/Yr
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    • $2 SF/Yr
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      Retail Space For Lease

      Retail space available for lease in Las Vegas, Nevada.
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    • $1,150 /Mo
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      Two Bedroom Unit For Rent

      Two-bedroom, two-bath unit with new flooring and spacious layout.
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    Las Vegas, NV 89108
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    Realmo Value Estimation

    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.

    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.

    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
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