850 Desert InnLas Vegas, NV 89109

  • High-rise multifamily apartments
  • 181,410 SF
Off market
$4,568,416 Estimated

Property Details for 850 Desert Inn

Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.16 AC
Property size (Sq ft)
181,410 SF
Property type
High-rise multifamily apartments
APN
162-10-802-005
APU
16210802005

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $45,508,816
    6.5%
    $42,008,140
    7%
    $39,007,560
  • Comparable approach

    Method
    Valuation
    Relative Method
    $56,335,516
    Geo Method
    $56,335,516
  • Alternative Use

    Use
    Valuation
    Residential
    $42,008,140
    Hospitality
    $38,479,232
    Educational
    $32,014,268
    Medical
    $33,115,288
    Retail
    $49,799,972

Location Insight

City
Las Vegas
County
Clark
State
Nevada
Latitude
36.1303
Longitude
-115.144
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
$99,748
$641,900
$3,926,516
$4,568,416
-
$1,834,000
$11,218,617
$13,052,617

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