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Property profile & analytics
OFF-MARKET
Estimated value
$3,160,000
Auto shops
9590 Tropicana Ave Las Vegas, NV 89147-8463
Entity Owned
Free & Clear
Property ID
US62-1238097
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2005
Construction
FRAME
Total area
6,900 SF
Lot
0.76 ac (33,106 SF)
APN
163-19-813-002
UPID
US62-1238097
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
Current use
Occupant on record · Public records
-
Tire Works (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.27M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.95M
Blend (final)
Blend
$3.16M
Owner & transaction history
Direworks Partners LLC
Direworks Partners LLC
since 2025
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.0M
+29.8%
Commercial (general)
$4.4M
+13.9%
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
Method
Estimation
Statistic approach
$3,290,000
ML approach
$3,270,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,830,000
Current use
RESTAURANT
$4,975,000
Change: +30% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,365,000
Change: +14% · Conversion: Moderate
Blend value · Realmo final
$3.16M
Range $2.84M – $3.48M · ±10% · vs last sale $2.64M (Feb 19 2021)
Last sale anchor
$2.64M
Feb 19 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$458 / SF
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
$11,112
Tax year 2023
Assessed value
$546,077
Assessed 2024
Previous assessed
$524,280
+4.2% YoY
Effective rate
2.03%
On assessed value
Assessed land
$342,978
Assessed improvement
$203,099
Land market value
$979,937
Improvement market value
$580,283
Total market value
$1,560,220
Applied tax rate
417.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2005
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Total area
6,900 SF
Lot
0.76 ac (33,106 SF)
APN
163-19-813-002
UPID
US62-1238097
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
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$3.8M
RESTAURANT
Est. value
$5.0M
COMMERCIAL (GENERAL)
Est. value
$4.4M
AUTO REPAIR, GARAGE Current
RESTAURANT
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Lot
0.76 ac
Current owner
From public records · entity-resolved
Direworks Partners LLC
Entity
Free & Clear · 0 yrs held
Mailing address
663 SCENIC RIM DR, HENDERSON, NV 89012-5796
Ownership since
2025
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
Aug 13, 2025
—
Direworks Partners LLC
Johnston Family Trust
Quitclaim Deed
related
—
Feb 19, 2021
$2,640,776
David W Johnston
Lvg 4 LLC
Bargain And Sale Deed
—
Mar 17, 2014
$2,100,000
Lv 4 LLC
Thomas Jordan Obata
Grant Deed
—
Oct 4, 2004
$302,100
Thomas J Obata
Tropicana Auto Center LLC
Grant Deed
$1,125,000 · Standard Insurance Co
Jul 27, 2004
$2,014,000
Thomas J Obata
Tropicana Auto Center LLC
Grant Deed
$1,114,000 · Tropicana Auto Center LLC
Apr 23, 2004
—
Tropicana Auto Center LLC
Mesa Investment LLC
Grant Deed
related
—
Oct 16, 2003
$540,000
Mesa Investment LLC
Dominus M-b LLC
Grant Deed
$1,200,000 · Consolidated Mortgage Corp Tte
Nov 22, 2002
$198,640
Dominus M-b LLC
Fort Apache Dominus LLC
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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