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Property profile & analytics
OFF-MARKET
Commercial land
Las Vegas, NV 89108
Entity Owned
14-yr Hold
Free & Clear
Property ID
US62-0554060
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.79 ac (34,412 SF)
APN
138-03-510-009
UPID
US62-0554060
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
Golden Time Investment LLC · 14 yrs held
Golden Time Investment LLC
since 2012
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
$1,429
Tax year 2023
Assessed value
$108,398
Assessed 2024
Previous assessed
$96,354
+12.5% YoY
Effective rate
1.32%
On assessed value
Assessed land
$108,398
Land market value
$309,709
Total market value
$309,709
Applied tax rate
200.0000
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 land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.79 ac (34,412 SF)
APN
138-03-510-009
UPID
US62-0554060
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
Heating
NONE
Lot
0.79 ac
Current owner
From public records · entity-resolved
Golden Time Investment LLC
Entity
Free & Clear · 14 yrs held
Mailing address
6694 MELODIC CT, LAS VEGAS, NV 89139-6734
Ownership since
2012
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
Jun 12, 2012
$190,000
Golden Time Investment LLC
1cb Real Estate Holdings LLC
Grant Deed
—
Aug 26, 2010
—
1cb Real Estate Holdings LLC
First Commerce Bk
Grant Deed
related
—
Aug 5, 2010
$160,000
Commerce Bk First
Kolesar & Leatham Chtd
Trustees Deed
related
—
Jul 12, 2010
$2,947
Italy LLC
Treasurer Of Clark County
Grant Deed
related
—
Feb 27, 2004
$137,000
Italy LLC
Picardo,tr
Grant Deed
$110,000 · Picardo Trust
Feb 21, 1997
$125,000
Picardo Trust
Newhouse,john M
Grant Deed
—
—
—
Italy LLC
—
Deed Of Trust
related
$555,000 · First Commerce Bank
—
—
Italy LLC
—
Deed Of Trust
related
$600,000 · Trb Holdings LLC
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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