Financial
Distress signals
Property profile

616 Carson Ave 110 Las Vegas, NV 89101

OFF-MARKET
Strip malls
Property ID
US62-0458989
4,881 SF 0.25 ac lot Built 1972
Last sale Jul 2024 · $3,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional retail opportunity presents a 2,000 square foot in-line space within a vibrant multi-tenant building situated in Las Vegas's Fremont East Entertainment District. The property, located at 616 E. Carson Ave., at the corner of E. Carson Ave. and S. 7th St., boasts high visibility along a major thoroughfare. The building itself totals 8,586 square feet and sits on a 0.25-acre lot. Constructed in 1955, this single-story building offers a unique chance to establish a business in a

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?
$11k
Tax billed · 2023
Assessed value · 2024$358k
Assessed land$172k
Assessed improvement$187k
Effective rate2.93%

Value estimate

· Sep 2026
$3.90M
$3.51M – $4.29M
AI approach$3.90M
Sales comparison$3.86M

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

Recently sold

What actually traded nearby?
$434/SF
Submarket average, outlier-cleaned · 235 recorded sales of this use type
Observed band · Q1–Q3$223 – $790
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service9.4
Watch Repair Shop8.9
Optical Shop8.3

Location

616 Carson Ave, Unit 110 Las Vegas, NV 89101-5714
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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1201 Stewart Ave, Las Vegas, NV 89101-4379 $1,410,000 Jul 2024 7,000 SF
1200 Stewart, Las Vegas, NV 89101-4306 $710,000 Jun 2022 5,618 SF
29 Mojave, Las Vegas, NV 89101-4812 $1,375,000 Nov 2021 5,644 SF
27 Mojave, Las Vegas, NV 89101-4812 $1,375,000 Nov 2021 7,675 SF
568 Eastern, Las Vegas, NV 89101-3478 $16,100,000 Jun 2021 4,800 SF
550 Eastern, Las Vegas, NV 89101-3423 $16,100,000 Jun 2021 4,554 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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