Financial
Distress signals
Property profile

3053 W Craig Rd N Las Vegas, NV 89032

FOR LEASE
Strip malls
Property ID
US62-0423276
7,980 SF 0.8 ac lot Built 2004
Last sale Jul 2019 · $3,050,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 2,040 square foot retail space is part of the Craig Shops at Smiths, a multi-tenant retail center located at 3053 W Craig Rd, North Las Vegas, NV 89032. Situated at the southwest corner of W. Craig Road and Simmons Street, this property benefits from a prime location within a thriving commercial area. The single-story, 8,000 square foot building, constructed in 2004, features five suites and is anchored by a Smith's Food & Drug and El Pollo Loco, ensuring high foot traffic and

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$14k
Tax billed · 2023
Assessed value · 2024$427k
Assessed land$195k
Assessed improvement$232k
Effective rate3.23%

Value estimate

· Sep 2026
$1.32M
$1.19M – $1.45M
CAP approach$1.70M
NOI build-up
Gross scheduled income$37k
Vacancy & credit loss−$2k
Operating expenses−$11k
NOI · 982,920.00% cap applied$25k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$449/SF
Submarket average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$152 – $682
Qualifying comparables5

Cap rate analysis

How does the asset earn?
982,920.00%
$25k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCLARK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency44.0
Law Firm43.9
Building Supply27.3

Location

3053 W Craig Rd N Las Vegas, NV 89032
County assessor Recorded deeds · 4 transfers 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3040 Cheyenne, North Las Vegas, NV 89032-6037 $1,270,000 Oct 2024 6,014 SF
3073 Craig, North Las Vegas, NV 89032-5122 $3,900,000 May 2024 10,400 SF
2777 Craig, North Las Vegas, NV 89032-0762 $3,500,000 Mar 2024 10,971 SF
2445 Craig, North Las Vegas, NV 89032-0721 $1,200,000 Aug 2022 5,547 SF
845 Craig, North Las Vegas, NV 89032-0281 $14,650,000 Jul 2022 6,300 SF
2020 Craig, North Las Vegas, NV 89032-3001 $12,144,000 Jul 2021 10,080 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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