New search
Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Turn key restaurants
1723 Charleston Blvd Las Vegas, NV 89104-1943
Entity Owned
4-yr Hold
Free & Clear
Property ID
US62-0416992
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,375 SF
Lot
0.43 ac (18,731 SF)
APN
139-35-413-162
UPID
US62-0416992
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
-
The Blue Skillet Pancake House Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$995k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$926k
Blend (final)
Blend
$975k
Owner & transaction history
Nevada Commercial Holdings LLC · 4 yrs held
Nevada Commercial Holdings LLC
since 2022
Last sale
$1.0M
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
$945,000
ML approach
$995,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±10% · vs last sale $1.00M (Feb 25 2022)
Last sale anchor
$1.00M
Feb 25 2022
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
$411 / 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
$3,076
Tax year 2023
Assessed value
$109,521
Assessed 2024
Previous assessed
$95,283
+14.9% YoY
Effective rate
2.81%
On assessed value
Assessed land
$52,447
Assessed improvement
$57,074
Land market value
$149,849
Improvement market value
$163,069
Total market value
$312,918
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Total area
2,375 SF
Lot
0.43 ac (18,731 SF)
APN
139-35-413-162
UPID
US62-0416992
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
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Nevada Commercial Holdings LLC
Entity
Free & Clear · 4 yrs held
Mailing address
18011 KAREN DR, ENCINO, CA 91316-4230
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
Feb 25, 2022
$1,000,000
Nevada Commercial Holdings LLC
999 Investments LLC
Bargain And Sale Deed
—
Feb 25, 2022
—
Parvez Rohani
Najmi Rohani Ruhiyyih
Intrafamily Transfer
related
—
Nov 10, 2021
$412,129
Huriyeh Najmi
999 Investments LLC
Quit Claim Deed
related
—
Sep 23, 2020
—
Rohani-najmi Trust
Parvez Rohani
Quit Claim Deed
related
—
Nov 12, 2015
—
Parvez Rohani
Faccinto 1984 Trust
Grant Deed
related
—
Oct 7, 2015
$420,000
Parvez Rohani
Faccinto 1984 Trust
Grant Deed
—
Oct 7, 2015
—
Marianne Job
Job,russell S
Affidavit Of Death
related
—
Aug 16, 2006
—
Tenrab
Barnett C T & C M Fam Trust
Grant Deed
—
Apr 7, 2005
—
Faccinto 1989 Trust
Faccinto,albert
Quit Claim Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1723 Charleston Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
