Property profile

1395 Tropicana Ave Las Vegas, NV 89119

OFF-MARKET
Turn key restaurants
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Property ID
US62-0434365
5,331 SF 0.77 ac Built 2000
Last sale Sep 2024·$2,175,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This exceptional restaurant opportunity is located at 1395 E. Tropicana Ave in Las Vegas, Nevada, on a 0.77-acre lot. Directly across from UNLV and the Thomas & Mack Center, and only 1.8 miles from the Las Vegas Strip, this high-visibility site benefits from approximately 75,000 combined cars passing daily. The 5,331 square foot building, constructed in 2000, is a single-tenant space featuring a fully equipped kitchen complete with a hood system, grease trap, and a large walk-in cooler. …

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value · 2024$428k
Assessed land$141k
Assessed improvement$287k
Effective rate2.49%

Value estimate

· Nov 2026
$2.18M
$1.96M – $2.39M
AI approach$2.18M
Submarket $/SF estimate$2.91M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$721/SF
Submarket average, outlier-cleaned · 157 recorded sales of this use type
Observed band · Q1–Q3$303 – $1,109
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCLARK

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand index
Building Supply40.8
Wholesale Shop32.8
Auto Parts Store24.3

Location

1395 Tropicana Ave Las Vegas, NV 89119-6547
County assessor Recorded deeds · 6 transfers 7 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
820 Warm Spgs, Las Vegas, NV 89119-4402 $537,500 Feb 2026 4,804 SF
4065 Maryland, Las Vegas, NV 89119-7755 $3,100,000 Dec 2025 6,500 SF
2290 Flamingo, Las Vegas, NV 89119-0845 $150,000 Apr 2025 5,520 SF
2250 Warm Spgs, Las Vegas, NV 89119-4548 $2,400,000 Mar 2025 5,995 SF
744 Pilot, Las Vegas, NV 89119-4416 $2,575,000 Aug 2023 5,831 SF
7010 Las Vegas S, Las Vegas, NV 89119-4007 $340,000 May 2023 4,677 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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