Property profile

120 Rainbow Blvd Las Vegas, NV 89145

OFF-MARKET
Outlet malls
Property ID
US62-1260052
42,036 SF 3.67 ac lot Built 1980
Individually Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1980
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 42,036 SF
Lot 3.67 ac (159,865 SF)
APN 138-34-501-003
UPID US62-1260052

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Food Market
  • Electronics & Wireless Store
  • (Bike/Boat/Book/etc) Store

Location

120 Rainbow Blvd Las Vegas, NV 89145-5330
Las Vegas metro Census 3005 LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.41M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.39M

Owner & transaction history

since 2023
Last sale
$6.8M
7 recorded transactions
2023
$6.8M
2016
$6.3M
2013
$1.4M
2012
Price N/A
2006
$197,932
2006
$2.2M
2000
$196,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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