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Financial
Distress signals
Property profile

2991 West Lake Mead Blvd North Las Vegas, NV 89032

FOR SALE
Retail space
Property ID
US62-0202632
6,600 SF 0.96 ac lot Built 2002
Last sale Nov 2018 · $700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Retail space of approximately 3,440 square feet is configured with a drive-thru feature and two restrooms. The property is positioned near the intersection of Lake Mead Boulevard and Simmons Street in North Las Vegas, approximately 1.2 miles from the I-11 Freeway, and it has frontage on Lake Mead Boulevard with an identified traffic count of 17,295 cars per day. Parking consists of 47 surface spaces. The site is zoned R-E and includes provisions for pylon signage and common commercial kitchen…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value · 2024$283k
Assessed land$110k
Assessed improvement$173k
Effective rate2.79%

Value estimate

· Oct 2026
$210k
$189k – $231k
NOI build-up
Gross scheduled income$119k
Vacancy & credit loss−$5k
Operating expenses−$34k
NOI · 5.68% cap applied$80k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$205/SF
Submarket average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$134 – $280
Qualifying comparables13

Cap rate analysis

How does the asset earn?
5.68%
$80k 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 agency53.3
Restaurant37.6
Law Firm37.1

Location

2991 West Lake Mead Blvd North Las Vegas, NV 89032
County assessor Recorded deeds · 4 transfers 13 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1418 Craig, North Las Vegas, NV 89032-0210 $2,585,000 Jun 2025 7,000 SF
2222 Cheyenne, North Las Vegas, NV 89032-7753 $9,050,000 Mar 2025 5,000 SF
3285 Simmons, North Las Vegas, NV 89032-6014 $1,750,000 Nov 2024 9,225 SF
3011 Lk Mead, North Las Vegas, NV 89032-4887 $2,100,000 Mar 2022 5,500 SF
1210 Craig, North Las Vegas, NV 89032-0342 $650,000 Oct 2020 5,169 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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