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Property profile & analytics
OFF-MARKET
Estimated value
$1,835,000
Day care centers
1260 Owens Ave Las Vegas, NV 89106-2434
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US62-0484773
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1992
Construction
FRAME
Total area
5,885 SF
Lot
1.18 ac (51,401 SF)
APN
139-21-804-010
UPID
US62-0484773
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.84M
Owner & transaction history
Little Steps Early Learning Academy · 3 yrs held
Little Steps Early Learning Academy
since 2023
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.6M
+47.6%
Retail stores
$2.2M
+27.2%
Office building
$1.8M
+3.0%
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
$1,795,000
ML approach
$1,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$1,730,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,555,000
Change: +48% · Conversion: Difficult
RETAIL STORES
$2,200,000
Change: +27% · Conversion: Difficult
OFFICE BUILDING
$1,780,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$1.84M
Range $1.65M – $2.02M · ±10% · vs last sale $1.90M (May 12 2023)
Last sale anchor
$1.90M
May 12 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
$312 / 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
$13,721
Tax year 2023
Assessed value
$619,516
Assessed 2024
Previous assessed
$573,973
+7.9% YoY
Effective rate
2.21%
On assessed value
Assessed land
$134,928
Assessed improvement
$484,588
Land market value
$385,509
Improvement market value
$1,384,537
Total market value
$1,770,046
Applied tax rate
204.0000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1992
Construction
FRAME
Heating
HEAT PUMP
Buildings
2
Stories
1
Total area
5,885 SF
Lot
1.18 ac (51,401 SF)
APN
139-21-804-010
UPID
US62-0484773
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
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.6M
RETAIL STORES
Est. value
$2.2M
OFFICE BUILDING
Est. value
$1.8M
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
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
1992
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Buildings
2
Lot
1.18 ac
Current owner
From public records · entity-resolved
Little Steps Early Learning Academy
Individual
Mailing address
6293 ROCK STRM LN, LAS VEGAS, NV 89141-8969
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2023
$1,900,000
Little Steps Early Learning Academy
Aminam LLC
Bargain And Sale Deed
—
Feb 10, 2022
$1,478,460
Aminam LLC
Punjabi Jatt Realty LLC
Grant Deed
—
Aug 8, 2019
—
Punjabi Jatt Realty LLC
—
Deed
related
$25,000 · John Spilotro
Jul 26, 2019
—
Punjabi Jatt Realty LLC
—
Deed
related
$100,000 · Chesnoff & Schonfeld
Jun 19, 2019
—
Khaira Mondier
—
Deed
related
$100,000 · Chesnoff & Schonfeld
Aug 9, 2018
—
Punjabi Jatt Realty LLC
—
Deed
related
$320,000 · Master's Holdings LLC
Oct 27, 2016
$1,450,000
Punjabi Jatt Realty LLC
22 Las Vegas LLC
Grant Deed
$1,000,000 · 22 Las Vegas LLC
Oct 8, 2010
—
Willia Chaney
Ethel-willia INC
Quit Claim Deed
related
—
Aug 9, 2004
$357,500
Willia Chaney
Ethel-willia INC
Quit Claim Deed
related
$357,500 · Interbay Funding LLC
Mar 26, 2004
—
Ethel-willia INC
Smart Start Day Care INC
Quit Claim Deed
related
—
Mar 22, 2004
—
Ethel-willia INC
City Of Las Vegas
Grant Deed
related
—
—
—
Khaira Mondier
—
Deed Of Trust
related
$100,000 · Chesnoff & Schonfeld
—
—
Punjabi Jatt Realty LLC
—
Deed Of Trust
related
$100,000 · Chesnoff & Schonfeld
—
—
Punjabi Jatt Realty LLC
—
Deed Of Trust
related
$25,000 · John Spilotro
—
—
Punjabi Jatt Realty LLC
—
Deed Of Trust
related
$320,000 · Master's Holdings 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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