Financial
Distress signals
Property profile

1820 E Lake Mead Blvd North Las Vegas, NV 89030

FOR SALE
Strip malls
Property ID
US62-0234128
23,890 SF 1.91 ac lot Built 1979
Last sale Mar 2020 · $3,550,000
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Square, located at 1820 E Lake Mead Blvd, North Las Vegas, NV 89030, presents a compelling investment opportunity. This two-building, Class C property, totaling 28,129 square feet, offers a diverse mix of retail, office, and restaurant spaces. Built in 1979 and extensively renovated in 2018, the property features 15 suites across one story, with 9,094 square feet currently vacant. The property benefits from excellent street visibility and accessibility, situated at the signalized

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$22k
Tax billed · 2023
Assessed value · 2024$731k
Assessed land$255k
Assessed improvement$476k
Effective rate3.00%

Value estimate

· Sep 2026
$3.72M
$3.35M – $4.09M
AI approach$4.00M
CAP approach$5.08M
NOI build-up
Gross scheduled income$41k
Vacancy & credit loss−$2k
Operating expenses−$12k
NOI · 0.34% cap applied$27k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$449/SF
Submarket average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$152 – $682

Cap rate analysis

How does the asset earn?
0.34%
$27k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCLARK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency58.1
Building Supply37.1
Law Firm31.8

Location

1820 E Lake Mead Blvd North Las Vegas, NV 89030
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2030 Las Vegas N, North Las Vegas, NV 89030-5802 $1,683,374 Jun 2025 15,951 SF
1020 Craig, North Las Vegas, NV 89030-3205 $5,152,000 Jan 2024 7,550 SF
3523 Pecos, North Las Vegas, NV 89030 $2,500,000 Oct 2021 14,300 SF
Carey, North Las Vegas, NV 89030 $300,000 Sep 2021 8,384 SF
1620 Craig, North Las Vegas, NV 89030-3376 $5,000,000 Aug 2020 7,550 SF
2520 Craig, North Las Vegas, NV 89030-3344 $22,000,000 May 2019 12,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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