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    Property profile & analytics

    Las Vegas, NV 89109

    • Parking lots & garages
    • 978,984 SF
    • 68.55 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 01, 2022
    Location Intelligence
    Property ID
    US62-0327972
    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

    • Parking lots & garages

    Property Details

    Year built
    2007
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    68.55 lot acres
    Property size
    978,984 SF
    Property type
    Parking lots & garages
    APN
    162-16-117-047
    APU
    16216117047

    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
    -115.161
    Latitude
    36.1261
    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
    2021
    $14,346,027
    $132,304,095
    $674,054,033
    $806,358,128
    -
    $378,011,700
    $1,925,868,666
    $0.00

    Comparable in this City

    • Value Estimation by Request
      395,355 SF

      3400 Las Vegas S Blvd

      PARKING GARAGE, PARKING STRUCTURE • 395,355 SF
      3400 Las Vegas S Blvd, Las Vegas, NV 89109-8923
      View Details
    • Value Estimation by Request
      220,672 SF

      101 Convention Ctr Dr

      PARKING GARAGE, PARKING STRUCTURE • 220,672 SF
      101 Convention Ctr Dr, Las Vegas, NV 89109-2001
      View Details
    • Value Estimation
      $1,585,000
      45,001 SF

      2700 Las Vegas S Blvd, Unit 110

      PARKING GARAGE, PARKING STRUCTURE • 45,001 SF
      2700 Las Vegas S Blvd, Las Vegas, NV 89109-1146
      View Details
    • Value Estimation by Request
      978,984 SF

      3131 Las Vegas S Blvd

      PARKING GARAGE, PARKING STRUCTURE • 978,984 SF
      3131 Las Vegas S Blvd, Las Vegas, NV 89109-1967
      View Details
    • Value Estimation by Request
      58,032 SF

      3061 Maryland Pkwy

      PARKING GARAGE, PARKING STRUCTURE • 58,032 SF
      3061 Maryland Pkwy, Las Vegas, NV 89109-2298
      View Details
    • Value Estimation
      $915,000
      45,001 SF

      2700 Las Vegas S Blvd

      PARKING GARAGE, PARKING STRUCTURE • 45,001 SF
      2700 Las Vegas S Blvd, Las Vegas, NV 89109-1146
      View Details

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    Similar Nearby for Lease

    • $15 SF/Yr
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      Sahara Towne Square Retail Spaces

      Las Vegas retail center; multiple spaces available.
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      View Details
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      3,000 SF retail space available for lease.
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      Las Vegas retail spaces, prime location.
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    • Contact for pricing
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      Grand Bazaar Shops Retail Spaces

      Las Vegas Blvd prime retail spaces available
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      30,190 SF

      Las Vegas Strip Retail Opportunity

      Prime Retail Space, CityCenter Location
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      View Details
    • Contact for pricing
      519 SF

      Retail Space Near Las Vegas Strip

      Retail spaces available near the Las Vegas Strip and Convention Center.
      900 E Desert Inn Rd, Las Vegas, NV 89109
      View Details
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    Las Vegas, NV 89109
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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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