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Property profile & analytics
OFF-MARKET
Estimated value
$2,325,000
Community centers
12 Mesquite Blvd Mesquite, NV 89027-4773
Trust Owned
~
Est. High Equity
Property ID
US62-0056888
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,432 SF
Lot
1.16 ac (50,530 SF)
APN
001-16-301-027
UPID
US62-0056888
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
-
Rain Thai Sushi Cuisine Restaurant
-
Express Employment Professionals Employment Agency
-
Friends of Gold Butte Charitable Organization Social Service Agency
-
Mesquite Local News Advertising Agency Marketing & Advertising
-
Mesquite Chiropractic Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.51M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.33M
Owner & transaction history
Bp Living Trust
Bp Living Trust
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Mesquite submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mesquite 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,710,000
6.5%
$2,505,000
7%
$2,325,000
Blend value · Realmo final
$2.33M
Range $2.09M – $2.56M · ±10%
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
$203 / 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
$17,701
Tax year 2023
Assessed value
$832,495
Assessed 2024
Previous assessed
$750,491
+10.9% YoY
Effective rate
2.13%
On assessed value
Assessed land
$122,737
Assessed improvement
$709,758
Land market value
$350,677
Improvement market value
$2,027,880
Total market value
$2,378,557
Applied tax rate
902.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Rooms
4
Bathrooms
1
Total area
11,432 SF
Lot
1.16 ac (50,530 SF)
APN
001-16-301-027
UPID
US62-0056888
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
Building & site characteristics
From public records
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Rooms
4
Bathrooms
1
Lot
1.16 ac
Current owner
From public records · entity-resolved
Bp Living Trust
Trust
Mailing address
PO BOX 452087, LOS ANGELES, CA 90045-8527
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2025
—
Bp Living Trust
Bp Living Trust
Deed
related
$688,500 · Mission Valley Bank
Sep 30, 2024
—
Brian Peck
—
Deed
related
$1,021,424 · Inbankshares Corp
Dec 29, 2017
—
Bp Living Trust 2017
S P Living Trust 1996
Quit Claim Deed
related
—
Sep 23, 2005
$1,000,000
Sp Trust
Coulter,nathan
Grant Deed
$1,000,000 · Bank Of America
Mar 6, 2000
$736,500
Nathan Colter
Peck Trust
Grant Deed
—
Dec 8, 1997
$170,000
Peck Trust
Jensen Trust
Grant Deed
—
Dec 17, 1996
$480,000
S P Trust
One Mesquite Boulvard LLC
Grant Deed
$40,000 · Individual
Jun 2, 1995
$53,000
One Mesquite Boulevard
Peck,margot A
Grant Deed
$959,380 · Virgin Valley Cu
Mar 10, 1994
$230,000
Peck,margot A
Rasco,betty
Trustees Deed
—
—
—
Margot A Peck
—
Deed Of Trust
related
$180,000 · Individual
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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