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Property profile & analytics
OFF-MARKET
Commercial land
Searchlight, NV 89046
Individually Owned
3-yr Hold
Free & Clear
Property ID
US62-0534136
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.72 ac (31,363 SF)
APN
243-35-211-167
UPID
US62-0534136
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
Larry E Cox · 3 yrs held
Larry E Cox
since 2023
Last sale
$75,000
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 Searchlight submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Searchlight 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
$623
Tax year 2023
Assessed value
$24,698
Assessed 2024
Previous assessed
$24,698
+0.0% YoY
Effective rate
2.52%
On assessed value
Assessed land
$24,698
Land market value
$70,566
Total market value
$70,566
Applied tax rate
700.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
0.72 ac (31,363 SF)
APN
243-35-211-167
UPID
US62-0534136
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
0.72 ac
Current owner
From public records · entity-resolved
Larry E Cox
Individual
Free & Clear · 3 yrs held
Mailing address
13372 NEPTUNE CT, GARDEN GROVE, CA 92843-2724
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2023
$75,000
Larry E Cox
Martin Stanish
Bargain And Sale Deed
—
Jan 18, 2023
—
Doris Atchison
Angela Atchison
Intrafamily Transfer
related
—
Jun 28, 2021
—
Staci Leigh Shattler
Staci Leigh Shattler
Intrafamily Transfer
related
—
Jul 22, 2019
—
Doyle W Wilson
D & Living Trust
Quit Claim Deed
related
—
Aug 28, 2015
—
Stanish,m M Living Trust
Stanish,margaret M
Quit Claim Deed
related
—
Jul 16, 2012
—
D & D Living Trust
Wilson,doris
Grant Deed
related
—
Feb 8, 2012
—
Doris B Wilson
Wilson,sherri L
Affidavit Of Death
related
—
Dec 29, 2006
$60,599
Mojave Investment LLC
Patton,paul & Margaret
Grant Deed
—
Sep 30, 2005
—
Sherri L Wilson
Mojave Investment LLC
Grant Deed
related
—
Sep 13, 2005
—
Doris B Wilson
Wilson,d W
Quit Claim Deed
related
—
Jul 29, 2005
—
Paul Patton
Patton,javanna M
Quit Claim Deed
related
—
Sep 26, 2002
$8,100
Javanna M Patton
Carnahan,mciahel L
Grant Deed
—
Feb 6, 2002
$5,000
Michael L Carnahan
Walter H Carnahan Estate
Grant Deed
related
—
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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