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Property profile & analytics
OFF-MARKET
Estimated value
$9,365,000
Turn key restaurants
11261 Eastern Ave Henderson, NV 89052-6545
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US62-0236687
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2000
Construction
FRAME
Total area
7,556 SF
Lot
0.97 ac (42,253 SF)
APN
177-36-801-004
UPID
US62-0236687
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
-
Value Bad Credit Loan's Loan Service
-
The Stove NV Restaurant
-
Red Barrel Neighborhood Tavern Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.23M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.37M
Owner & transaction history
Zheng Da LLC · 3 yrs held
Zheng Da LLC
since 2023
Last sale
$9.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$7.2M
+50.2%
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 Henderson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Henderson 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
$9,135,000
ML approach
$9,230,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,215,000
Change: +50% · Conversion: Easy
Blend value · Realmo final
$9.37M
Range $8.43M – $10.30M · ±10% · vs last sale $9.55M (May 26 2023)
Last sale anchor
$9.55M
May 26 2023
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
$1,239 / 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
$14,347
Tax year 2023
Assessed value
$777,217
Assessed 2024
Previous assessed
$680,242
+14.3% YoY
Effective rate
1.85%
On assessed value
Assessed land
$280,982
Assessed improvement
$496,235
Land market value
$802,806
Improvement market value
$1,417,814
Total market value
$2,220,620
Applied tax rate
505.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2000
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
2
Total area
7,556 SF
Lot
0.97 ac (42,253 SF)
APN
177-36-801-004
UPID
US62-0236687
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
COMMERCIAL (GENERAL)
Est. value
$7.2M
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
2000
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Lot
0.97 ac
Current owner
From public records · entity-resolved
Zheng Da LLC
Entity
Mailing address
2563 RED ARROW DR, LAS VEGAS, NV 89135-1628
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 26, 2023
$9,550,000
Zheng Da LLC
Eastern Ridge Plaza 1 LLC
Bargain And Sale Deed
$5,730,000 · Eastern Ridge Plaza 2 LLC
Feb 19, 2015
$3,700,000
Eastern Ridge Plaza 1 LLC|eastern Ridge Plaza 2 Ll
Uyeda Holdings LLC
Grant Deed
—
Sep 10, 2008
—
Uyeda Holdings LLC
Uyeda 1999 Trust
Quit Claim Deed
—
Jul 7, 2008
—
Uyeda Holdings LLC
Uyeda 1999 Trust
Quit Claim Deed
—
Jan 23, 2003
$4,950,000
Greg G Uyeda
Tezzazza Dalessio INC
Grant Deed
$3,754,500 · Colonial Bank
Jun 13, 2002
—
Terrazza Dalessio INC
Dalessio,ronald J
Quit Claim Deed
related
—
Oct 8, 2001
$262,000
Eli Sab Nevada LLC
Dalessio,ronald J
Grant Deed
—
Apr 2, 2001
—
Ronald J Dalessio
—
Deed Of Trust
related
$3,517,500 · Commercial Federal Bank
Sep 10, 1999
—
Ronald J Dalessio
—
Deed Of Trust
related
$2,650,000 · Silver State Bank
Nov 1, 1988
$25,000
Dino Dalessio
Unknown
Grant Deed
—
—
—
Ronald J Dalessio
—
Deed Of Trust
related
$262,000 · Eli Sab Nevada LLC
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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