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Property profile & analytics
OFF-MARKET
Estimated value
$6,955,000
Strip malls
1530 Sunset Rd Henderson, NV 89014-6633
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-0454486
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2019
Construction
FRAME
Total area
10,900 SF
Lot
1.94 ac (84,506 SF)
APN
178-04-613-003
UPID
US62-0454486
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
-
Robertos Restaurant
-
Roberto's Taco Shop Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.74M
Blend (final)
Blend
$6.96M
Owner & transaction history
B R Ovation Limited Partnership · 4 yrs held
B R Ovation Limited Partnership
since 2021
Last sale
$6.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$10.4M
+116.9%
Medical building
$7.6M
+58.8%
Restaurant
$6.9M
+44.4%
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 Henderson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Henderson 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
$7,180,000
ML approach
$7,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,800,000
Current use
COMMERCIAL (GENERAL)
$10,410,000
Change: +117% · Conversion: Easy
MEDICAL BUILDING
$7,620,000
Change: +59% · Conversion: Difficult
RESTAURANT
$6,930,000
Change: +44% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,885,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$6.96M
Range $6.26M – $7.65M · ±10% · vs last sale $6.30M (Nov 15 2021)
Last sale anchor
$6.30M
Nov 15 2021
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
$638 / 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
$26,155
Tax year 2023
Assessed value
$1,255,593
Assessed 2024
Previous assessed
$1,091,269
+15.1% YoY
Effective rate
2.08%
On assessed value
Assessed land
$443,657
Assessed improvement
$811,936
Land market value
$1,267,591
Improvement market value
$2,319,817
Total market value
$3,587,408
Applied tax rate
505.0000
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
2019
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
10,900 SF
Lot
1.94 ac (84,506 SF)
APN
178-04-613-003
UPID
US62-0454486
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
$4.8M
COMMERCIAL (GENERAL)
Est. value
$10.4M
MEDICAL BUILDING
Est. value
$7.6M
RESTAURANT
Est. value
$6.9M
AUTO REPAIR, GARAGE
Est. value
$4.9M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RESTAURANT
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
2019
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
1.94 ac
Current owner
From public records · entity-resolved
B R Ovation Limited Partnership
Entity
Mailing address
6021 S FT APACHE RD STE #100, LAS VEGAS, NV 89148-5562
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2021
$6,300,000
B R Ovation Limited Partnership
Sunstone Bonita LLC
Bargain And Sale Deed
$4,410,000 · First Savings Bank
Sep 18, 2018
—
Sunstone Bonita LLC
—
Deed
related
$2,345,718 · Zb NA
Aug 27, 2013
$2,250,000
Sunstone Bonita LLC
Commercial Loan Solutions III
Grant Deed
—
Dec 11, 2012
$1,200,000
Commercial Loan Solutions III
Fidelity Natl Title Ins
Trustees Deed
related
—
Nov 30, 1994
$13,000,000
Windsor At Royal Palms LP
Pkic Royal Palms Apartment LP
Grant Deed
—
Nov 18, 1994
$3,175,000
Folio INC
Whitney Ranch LP II
Trustees Deed
—
—
—
J & A Natter Family Ptshp
—
Deed Of Trust
related
$2,000,000 · Bank Of The West
—
—
J & A Natter Family Ptshp
—
Deed Of Trust
related
$1,791,090 · Bank Of The West
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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