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Property profile & analytics
OFF-MARKET
Estimated value
$5,310,000
Strip malls
1745 Nellis Blvd Las Vegas, NV 89115-3672
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-0431933
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,250 SF
Lot
1.91 ac (83,200 SF)
APN
140-20-802-009
UPID
US62-0431933
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
-
Rent-A-Center Furniture & Home Goods Home Decor Store
-
Terri Clark Home Health Care Service
-
TRIPLE C MEDICAL SUPPLY, HOME HEALTHCARE AGENCY , PERSONAL CARE AGENCY & BEHAVIOR HEALTH AGENCY Home Health Care Service Medical Supply Store
-
Triple C Home Health & Personal Care Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.86M
Blend (final)
Blend
$5.31M
Owner & transaction history
Stanley Plaza II LLC · 4 yrs held
Stanley Plaza II LLC
since 2022
Last sale
$5.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.1M
+66.0%
Commercial (general)
$7.1M
+45.7%
Auto repair, garage
$6.3M
+27.9%
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
$5,210,000
ML approach
$5,325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,885,000
Current use
RESTAURANT
$8,110,000
Change: +66% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,115,000
Change: +46% · Conversion: Easy
AUTO REPAIR, GARAGE
$6,250,000
Change: +28% · Conversion: Difficult
RETAIL STORES
$4,205,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$5.31M
Range $4.78M – $5.84M · ±10% · vs last sale $5.35M (Apr 19 2022)
Last sale anchor
$5.35M
Apr 19 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
$472 / 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
$26,786
Tax year 2023
Assessed value
$996,566
Assessed 2024
Previous assessed
$966,504
+3.1% YoY
Effective rate
2.69%
On assessed value
Assessed land
$262,080
Assessed improvement
$734,486
Land market value
$748,800
Improvement market value
$2,098,531
Total market value
$2,847,331
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Buildings
3
Stories
1
Units
3
Rooms
12
Bathrooms
4
Total area
11,250 SF
Lot
1.91 ac (83,200 SF)
APN
140-20-802-009
UPID
US62-0431933
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
$4.9M
RESTAURANT
Est. value
$8.1M
COMMERCIAL (GENERAL)
Est. value
$7.1M
AUTO REPAIR, GARAGE
Est. value
$6.3M
RETAIL STORES
Est. value
$4.2M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
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
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
3
Units
3
Rooms
12
Bathrooms
4
Lot
1.91 ac
Current owner
From public records · entity-resolved
Stanley Plaza II LLC
Entity
Mailing address
995 ACAPOCCO ST, LAGUNA BEACH, CA 92651
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2022
$5,350,000
Stanley Plaza II LLC
Y & S H INC
Bargain And Sale Deed
$1,600,000 · Farmers & Merchants Bank Of Long Be
Feb 18, 2022
—
Y&s H INC
—
Deed
related
$100,000 · Kirkwood Bank Of Nevada
Sep 26, 2019
—
Y & S H INC
—
Deed
related
$200,000 · Kirkwood Bk/nv
Sep 27, 2017
$3,500,000
Y & S H INC
Stanley Plaza LLC
Grant Deed
$2,170,000 · Kirkwood Bk/nv
Apr 21, 2017
—
Stanley Plaza LLC
—
Deed
related
$1,600,000 · Kirkwood Bk/nv
Oct 21, 1999
—
Stanley Plaza LLC
—
Grant Deed
related
$2,030,000 · Pioneer Citizens Bank Nevada
Aug 19, 1997
$216,000
Cisneros Trust
Melonas Trust
Grant Deed
—
—
—
Y & S H INC
—
Deed Of Trust
related
$200,000 · Kirkwood Bk/nv
—
—
Stanley Plaza LLC
—
Deed Of Trust
related
$2,010,000 · Colonial Bank
—
—
Stanley Plaza LLC
—
Deed Of Trust
related
$1,600,000 · Kirkwood Bk/nv
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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