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Property profile & analytics
OFF-MARKET
Estimated value
$2,525,000
Strip malls
1306 Craig Rd North Las Vegas, NV 89032-0218
Entity Owned
13-yr Hold
Free & Clear
Property ID
US62-0072107
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1997
Construction
CONCRETE
Total area
12,180 SF
Lot
1.31 ac (57,064 SF)
APN
139-04-602-014
UPID
US62-0072107
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
-
Dentistry for Families - North Las Vegas Dentist - Dr Zachary Soard Dental Office
-
Dental Assisting School - Assist to Succeed Las Vegas Vocational School Training Center
-
GNC (Bike/Boat/Book/etc) Store Pharmacy
-
Deep Roots Harvest North Las Vegas (Bike/Boat/Book/etc) Store
-
Dentistry for Families Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.59M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.53M
Owner & transaction history
Sun Gateway LLC · 13 yrs held
Sun Gateway LLC
since 2012
6 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 North Las Vegas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,805,000
6.5%
$2,590,000
7%
$2,405,000
Blend value · Realmo final
$2.53M
Range $2.27M – $2.78M · ±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
$207 / 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
$25,467
Tax year 2023
Assessed value
$905,624
Assessed 2024
Previous assessed
$812,634
+11.4% YoY
Effective rate
2.81%
On assessed value
Assessed land
$255,647
Assessed improvement
$649,977
Land market value
$730,420
Improvement market value
$1,857,077
Total market value
$2,587,497
Applied tax rate
250.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1997
Construction
CONCRETE
Heating
HEAT PUMP
Buildings
2
Stories
1
Total area
12,180 SF
Lot
1.31 ac (57,064 SF)
APN
139-04-602-014
UPID
US62-0072107
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
1997
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Buildings
2
Lot
1.31 ac
Current owner
From public records · entity-resolved
Sun Gateway LLC
Entity
Free & Clear · 13 yrs held
Mailing address
2310 HOMESTEAD RD STE C1, LOS ALTOS, CA 94024-7302
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2012
$1,700,000
Sun Gateway LLC
Us Bank NA Series 2006-c4
Grant Deed
—
Jan 25, 2012
$800,000
Citigroup Coml Mtg 2006-c4
Stewart Title Of Nv Holdings
Trustees Deed
related
—
Apr 27, 2006
$430,823
New Haven LLC
1306-1318 West Craig Road LLC
Grant Deed
—
Apr 27, 2006
$6,695,000
Gateway Plaza 1 LLC
1306-1318 West Craig Road LLC
Grant Deed
$4,500,000 · Pnc Bank
Jan 5, 2001
$1,346,000
1306-1318 West Craig Road LLC
World Premier Investments-crai
Grant Deed
—
Aug 5, 1996
—
World Premier Investments-crai
—
Grant Deed
related
$3,200,000 · Cathay Bank
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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