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Property profile & analytics
OFF-MARKET
Estimated value
$8,295,000
Strip malls
150 Centennial Pkwy North Las Vegas, NV 89084-1336
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US62-1290266
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Construction
FRAME
Total area
26,414 SF
Lot
3.05 ac (132,858 SF)
APN
124-22-812-002
UPID
US62-1290266
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
-
Dynamic Dental & Orthodontics Dental Office
-
Dr. Ji In Kim, DDS Dental Office
-
Robbie Lueck Agency Llc American Family Insurance Insurance Agency
-
American Family Insurance Insurance Agency
-
CHECK MY DESIGNS Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.62M
Comparable Approach
Comparable
$10.26M
Blend (final)
Blend
$8.30M
Owner & transaction history
Moran Holding Company LLC · 1 yrs held
Moran Holding Company LLC
since 2025
Last sale
$8.7M
4 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%
$6,085,000
6.5%
$5,620,000
7%
$5,215,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$11,865,000
Current use
AUTO REPAIR, GARAGE
$10,805,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$8.30M
Range $7.47M – $9.12M · ±10% · vs last sale $8.65M (Jan 22 2025)
Last sale anchor
$8.65M
Jan 22 2025
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
$314 / 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
$45,599
Tax year 2023
Assessed value
$1,411,142
Assessed 2024
Previous assessed
$1,359,294
+3.8% YoY
Effective rate
3.23%
On assessed value
Assessed land
$485,928
Assessed improvement
$925,214
Land market value
$1,388,366
Improvement market value
$2,643,469
Total market value
$4,031,835
Applied tax rate
254.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
2005
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Total area
26,414 SF
Lot
3.05 ac (132,858 SF)
APN
124-22-812-002
UPID
US62-1290266
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$11.9M
AUTO REPAIR, GARAGE
Est. value
$10.8M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
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
2005
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Lot
3.05 ac
Current owner
From public records · entity-resolved
Moran Holding Company LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2551 N GRN VLY PKWY STE 308C, HENDERSON, NV 89014-2164
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2025
$8,650,000
Moran Holding Company LLC
Centennial 5 Development LLC
Bargain & Sale Deed
—
Sep 30, 2009
—
Centennial 5 Dev LLC
—
Deed Of Trust
related
$4,593,029 · Nevada State Bank
—
—
Centennial 5 Dev LLC
—
Deed Of Trust
related
$250,000 · Nevada State Bank
—
—
Centennial 5 Dev LLC
—
Deed Of Trust
related
$4,603,179 · Nevada State 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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