Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,550,000
Strip malls
10420 Decatur Blvd Las Vegas, NV 89141-8716
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-0557462
Property summary
AI-generated overview
This exceptional retail opportunity, Cactus Marketplace, presents 3,420 square feet of vacant space within a thriving 33,700-square-foot center located at 10420 S Decatur Blvd, Las Vegas, NV 89141. The property, situated on a 3.65-acre lot (APN: 177-30-412-006, 177-30-412-007, 177-30-412-009, 177-30-412-010, 177-30-412-005), consists of four single-story buildings constructed in 2011 and zoned General Commercial - C2. Units are divisible to a minimum of 920 square feet, offering flexibility for various retail concepts. The center boasts a diverse tenant mix including national brands like Papa Johns, Dairy Queen, Gotta Dance, and Hound House, creating a vibrant and attractive shopping destination. Its strategic location in the Southwest submarket of Clark County, Nevada, places it within a high-income demographic
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2015
Construction
FRAME
Total area
10,045 SF
Lot
0.93 ac (40,511 SF)
APN
177-30-412-007
UPID
US62-0557462
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
-
Welch Dentistry Dental Office
-
Gotta Dance Training Center
-
Kingdom Cuts Barber shop Las Vegas Barber Shop
-
Marqie Cutz Hair Salon
-
Sharetea Las Vegas Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.55M
CAP Approach
CAP
$3.74M
Comparable Approach
Comparable
$5.71M
Blend (final)
Blend
$4.55M
Owner & transaction history
Ocean City Investments INC · 1 yrs held
Ocean City Investments INC
since 2024
Last sale
$4.6M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.2M
+66.0%
Commercial (general)
$6.4M
+45.7%
Auto repair, garage
$5.6M
+27.9%
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
$4,550,000
ML approach
$4,550,000
CAP Approach
CAP Return
Estimation
6%
$4,050,000
6.5%
$3,740,000
7%
$3,470,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,360,000
Current use
RESTAURANT
$7,240,000
Change: +66% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,355,000
Change: +46% · Conversion: Easy
AUTO REPAIR, GARAGE
$5,580,000
Change: +28% · Conversion: Difficult
RETAIL STORES
$3,755,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$4.55M
Range $4.10M – $5.01M · ±10% · vs last sale $4.55M (Oct 11 2024)
Last sale anchor
$4.55M
Oct 11 2024
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
$453 / 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
$18,491
Tax year 2023
Assessed value
$829,772
Assessed 2024
Previous assessed
$829,772
+0.0% YoY
Effective rate
2.23%
On assessed value
Assessed land
$340,292
Assessed improvement
$489,480
Land market value
$972,263
Improvement market value
$1,398,514
Total market value
$2,370,777
Applied tax rate
635.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2015
Construction
FRAME
Heating
YES
Stories
1
Total area
10,045 SF
Lot
0.93 ac (40,511 SF)
APN
177-30-412-007
UPID
US62-0557462
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.4M
RESTAURANT
Est. value
$7.2M
COMMERCIAL (GENERAL)
Est. value
$6.4M
AUTO REPAIR, GARAGE
Est. value
$5.6M
RETAIL STORES
Est. value
$3.8M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
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
2015
Construction
FRAME
Heating
YES
Stories
1
Lot
0.93 ac
Current owner
From public records · entity-resolved
Ocean City Investments INC
Entity
Mailing address
12727 NORTHUP WAY STE #2, BELLEVUE, WA 98005-1917
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 11, 2024
$4,550,000
Ocean City Investments INC
Meq 10410 S Decatur LLC
Bargain And Sale Deed
$2,670,000 · East West Bank
May 25, 2017
—
Meq-10410 S Decatur LLC
Bcp-10410 S Decatur LLC
Quit Claim Deed
related
—
Oct 30, 2013
—
Bcp-10410 S Decatur LLC
—
Grant Deed
related
$3,828,000 · Bolour Associates INC
—
—
Bcp-10410 S Decatur LLC
—
Deed Of Trust
related
$3,750,000 · Jefferson Fin'l
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 10420 Decatur Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
