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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
1625 Lamb Blvd Las Vegas, NV 89115-6501
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US62-0941408
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1997
Construction
FRAME
Total area
3,192 SF
Lot
1.06 ac (46,174 SF)
APN
140-19-803-008
UPID
US62-0941408
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
-
S & K Market Grocery & Convenience Store
-
ATM Atm
-
Bitcoin of America ATM Atm Currency Exchange Service
-
RockItCoin Bitcoin ATM Atm
-
76 Car Wash
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
Hi-am LLC · 13 yrs held
Hi-am LLC
since 2013
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
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
$11,065
Tax year 2023
Assessed value
$456,845
Assessed 2024
Previous assessed
$414,290
+10.3% YoY
Effective rate
2.42%
On assessed value
Assessed land
$226,253
Assessed improvement
$230,592
Land market value
$646,437
Improvement market value
$658,834
Total market value
$1,305,271
Applied tax rate
340.0000
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
1997
Construction
FRAME
Heating
HEAT PUMP
Buildings
2
Stories
1
Total area
3,192 SF
Lot
1.06 ac (46,174 SF)
APN
140-19-803-008
UPID
US62-0941408
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
1997
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Buildings
2
Lot
1.06 ac
Current owner
From public records · entity-resolved
Hi-am LLC
Entity
Mailing address
PO BOX 50620, IDAHO FALLS, ID 83405-0620
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2025
—
N Lamb Nevada Property LLC
—
Deed
related
$2,249,000 · Idaho Central Cu
Jun 12, 2013
$31,327
Hi-am LLC
Treasurer Of The Clark County
Grant Deed
—
May 31, 2013
$1,550,000
N Lamb Nevada Property LLC
Hi-am LLC
Grant Deed
—
Jun 14, 2012
$7,822
Hi-am LLC
Tax Receiver Of Clark County
Tax Deed
—
Jul 21, 2005
$2,575,000
Hi-am LLC
S & K Ents LLC
Grant Deed
$2,000,000 · Community National Bank
Jul 21, 2005
—
S & K Ents LLC
Kular,maria
Grant Deed
—
Jul 1, 2003
$1,880,000
Ssk Enterprises LLC
Enamorado,maria
Grant Deed
—
Nov 3, 2000
—
Maria F Enamorado
—
Deed Of Trust
related
$2,800,000 · Union Fed'l Bank Indianapolis
Oct 4, 1996
—
Gulzar Kular
—
Grant Deed
related
$610,800 · Bank Of America Nevada
Dec 19, 1995
$320,000
Gulzar Kular
Jfma INC
Grant Deed
—
Sep 17, 1990
$272,000
J F M Incorporated
Unknown
Grant Deed
—
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.
Try Rey
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