Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    N Las Vegas, NV
    Back to Search
    Property profile & analytics

    N, Las Vegas, NV

    View on Map
    • Automotive properties
    • 0.68 lot acres
    Off-Market
    Property ID
    US62-0571046
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Automotive properties

    Property Details for N

    Year built
    2005
    Construction
    FRAME
    Lot size
    0.68 lot acres
    Property type
    Automotive properties
    APN
    123-32-301-011
    APU
    12332301011

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 13, 2018 — Ab-kar Ltd Hawkins,truman Quit Claim Deed · related $119k · Cassi LLC
    Mar 1, 2018 — Ab-kar Ltd — Deed · related $75k · Stephen J Byrne
    Jan 31, 2018 — Truman Hawkins — Deed · related $250k · Kirkwood Bk/nv
    Dec 3, 2007 $542,500 Ab-kar Ltd Phillips,kenneth Grant Deed $448k · Kenneth JR Phillips
    Jul 2, 2002 $120,000 Kenneth Phillips Bankers Financial Trust Grant Deed —
    Oct 14, 1998 — Dercorp INC Bankers Financial Trust Quit Claim Deed · related —
    — — Truman Hawkins — Deed Of Trust · related $250k · Kirkwood Bk/nv
    — — Ab-kar Ltd — Deed Of Trust · related $75k · Stephen J Byrne

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.075
    Latitude
    36.2531
    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
    $1,721
    $114,248
    $1,092
    $115,340
    -
    $326,423
    $3,120
    $329,543

    Comparable in this City

    • Value Estimation by Request
      0.68 Acres

      N

      VEHICLE SALES, RENTALS
      N, Las Vegas, NV
      View Details
    • Value Estimation by Request
      0.66 Acres

      Las Vegas, NV

      VEHICLE SALES, RENTALS
      Las Vegas, NV
      View Details
    • Value Estimation by Request
      11.04 Acres

      N

      VEHICLE SALES, RENTALS
      N, Las Vegas, NV
      View Details
    • Value Estimation by Request
      0.68 Acres

      N

      VEHICLE SALES, RENTALS
      N, Las Vegas, NV
      View Details
    • Value Estimation by Request
      480 SF

      595 Mcdonald Ave

      VEHICLE SALES, RENTALS
      595 Mcdonald Ave, Las Vegas, NV
      View Details
    • Value Estimation by Request
      396,792 SF

      Henderson, NV

      PARKING GARAGE, PARKING STRUCTURE
      Henderson, NV
      View Details

    Similar Nearby for Sale

    • $275,000

      Kiosk-Ready Pad in Horizon Place

      0.13-acre pad with high visibility and traffic in Henderson, NV.
      Stephanie And Horizon Rdg, Henderson, NV
      View Details
    • $1,000,000

      Longley Lane Prime Development Pad

      Reno Medical/Retail Land - $1M
      0 Longley Ln, Reno, NV undefined
      View Details
    • Contact for pricing

      Prime Commercial Lot I-80 Frontage

      1-acre commercial lot with I-80 frontage and high visibility.
      195 Old 8A, Battle Mountain, NV
      View Details
    • Contact for pricing

      Pahrump Land Opportunity

      Land available for retail, industrial, or residential development.
      5810 S Eberhard Rd, Pahrump, NV
      View Details
    • Contact for pricing

      Highway 160 Development Site

      Commercial land available for development with drive-thru potential.
      680 Nv-160, Pahrump, NV
      View Details
    • Contact for pricing

      Industrial Land with Income

      Industrial land for sale with existing income and development potential.
      W Us Hwy 95 N, Indian Springs, NV
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      250,000 SF

      Las Vegas Retail Opportunity

      Prime retail space available on Las Vegas Boulevard.
      S Las Vegas Blvd & Tropicana Ave, Las Vegas, NV
      View Details
    • Contact for pricing
      2,171 SF

      Drive-Thru Restaurant Space Available

      2,171 SF drive-thru restaurant space for lease.
      3511 Volunteer Blvd, Henderson, NV
      View Details
    • Contact for pricing
      349,875 SF

      Large Industrial Space Available

      350,916 SF industrial space with ample parking.
      5150 N Sloan Ln, North Las Vegas, NV
      View Details
    • Contact for pricing
      1,007,536 SF

      North Las Vegas Logistics Center

      Large distribution and warehouse space near I-15 and airport.
      11545 N Donald Lee Adams Way, North Las Vegas, NV
      View Details
    • Contact for pricing

      Land Near Tule Springs Community

      Commercial land available near a master-planned community.
      945 Hunter Shores Ave, North Las Vegas, NV
      View Details
    • Contact for pricing
      108,750 SF

      I-15 Corridor Distribution Hub

      Distribution property with access to Arizona and Southern California markets.
      3760 Cullen Ave, Sloan, NV
      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.
    N
    Las Vegas, NV
    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

    Thank You for Inquiry
    N, Las Vegas, NV
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!