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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
1570 Cheyenne Ave North Las Vegas, NV 89032-7700
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US62-0552587
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2012
Construction
FRAME
Total area
4,103 SF
Lot
0.95 ac (41,382 SF)
APN
139-09-401-013
UPID
US62-0552587
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
-
Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
-
ampm Grocery & Convenience Store
-
Tacos Los Barrios Restaurant
-
LibertyX Bitcoin ATM Atm
-
ARCO Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Dhaliwal Group LLC · 3 yrs held
Dhaliwal Group LLC
since 2022
Last sale
$4.8M
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$20,119
Tax year 2023
Assessed value
$651,032
Assessed 2024
Previous assessed
$645,319
+0.9% YoY
Effective rate
3.09%
On assessed value
Assessed land
$173,804
Assessed improvement
$477,228
Land market value
$496,583
Improvement market value
$1,363,509
Total market value
$1,860,092
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2012
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
4,103 SF
Lot
0.95 ac (41,382 SF)
APN
139-09-401-013
UPID
US62-0552587
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
2012
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
0.95 ac
Current owner
From public records · entity-resolved
Dhaliwal Group LLC
Entity
Mailing address
7008 GEESE GATHERING ST, NORTH LAS VEGAS, NV 89084-4814
Ownership since
2022
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
May 30, 2025
—
Dhaliwal Group LLC
—
Deed
related
$5,000,000 · Integro Bank
Apr 10, 2024
—
Dhaliwal Group LLC
—
Deed
related
$1,922,000 · Capital Development Corporation
Nov 23, 2022
$4,845,000
Dhaliwal Group LLC
M2reo Holdings LLC
Bargain And Sale Deed
$4,561,661 · Celtic Bank Corporation
Nov 21, 2018
—
M2reo Holdings LLC
—
Deed
related
$3,300,000 · Royal Busn Bk
Dec 2, 2014
$2,800,000
M2reo Holdings LLC
Nevada West Petroleum LLC
Bargain And Sale Deed
$2,756,000 · Commonwealth Business Bank
Feb 7, 2011
$709,287
Nevada West Petroleum LLC
Nevsur INC
Grant Deed
$450,000 · C&f Family Trust
—
—
M2reo Holdings LLC
—
Deed Of Trust
related
$3,300,000 · Royal Busn Bk
—
—
Nevada West Petroleum LLC
—
Deed Of Trust
related
$400,000 · Karen Ajlounli
—
—
M2reo Holdings LLC
—
Deed Of Trust
related
$768,993 · Nevada West Petroleum LLC
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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