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Property profile & analytics
OFF-MARKET
Estimated value
$1,425,000
Commercial real estate
1409 Charleston Blvd Las Vegas, NV 89104
Entity Owned
1-yr Hold
Free & Clear
Property ID
US62-0362667
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1962
Lot
0.6 ac (26,136 SF)
APN
139-35-401-001
UPID
US62-0362667
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
$1.43M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.43M
Owner & transaction history
Espinosa Properties Holding LLC · 1 yrs held
Espinosa Properties Holding LLC
since 2024
Last sale
$1.4M
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 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
$1,425,000
ML approach
$1,425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.43M
Range $1.28M – $1.57M · ±10% · vs last sale $1.43M (Dec 5 2024)
Last sale anchor
$1.43M
Dec 5 2024
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
—
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
$1,969
Tax year 2023
Assessed value
$75,999
Assessed 2024
Previous assessed
$66,520
+14.2% YoY
Effective rate
2.59%
On assessed value
Assessed land
$73,181
Assessed improvement
$2,818
Land market value
$209,089
Improvement market value
$8,051
Total market value
$217,140
Applied tax rate
203.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1962
Heating
NONE
Stories
1
Lot
0.6 ac (26,136 SF)
APN
139-35-401-001
UPID
US62-0362667
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
1962
Heating
NONE
Stories
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Espinosa Properties Holding LLC
Entity
Free & Clear · 1 yrs held
Mailing address
4133 BUFFALO BILL AVE, LAS VEGAS, NV 89110-3296
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2024
$1,425,000
Espinosa Properties Holding LLC
Francisco Lara
Bargain & Sale Deed
—
Mar 27, 2017
—
Gonzalez,de La Cruz Living Trust
Lara,francisco
Quit Claim Deed
related
—
Mar 24, 2017
$850,000
Francisco Lara
Galardi,teri G
Grant Deed
$650,000 · Teri G Galardi
Mar 24, 2017
—
Teri G Galardi
Porter,michael A
Quit Claim Deed
related
—
Mar 7, 2017
—
Teri G Galardi
Galardi Trust
Quit Claim Deed
related
—
Dec 29, 2016
$501,002
Galardi Trust
Irma Nevada Title Co|fragoso
Trustees Deed
—
Dec 9, 2008
$11,500
Fragoso Fam Living Trust
Fragoso,irma
Quit Claim Deed
related
—
Jul 11, 1989
$78,000
Jack Galardi
Unknown
Grant Deed
—
—
—
First Good Shepherd Evangelica
—
Deed Of Trust
related
$3,688,046 · Lutheran Ch Ext Fund Mo Synod
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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