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Property profile & analytics
OFF-MARKET
Estimated value
$7,440,000
Community centers
1955 Casino Dr Laughlin, NV 89029-1560
Individually Owned
11-yr Hold
Free & Clear
Property ID
US62-1246909
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1996
Construction
METAL FRAME
Total area
330,977 SF
Lot
10 ac (435,600 SF)
APN
264-13-201-003
UPID
US62-1246909
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
-
Queen's Nails Nail Salon
-
Laughlin walk-in care Community Center
-
rue21 Clothing Store Fashion Accessories Store
-
Claire's Tattoo & Piercing Shop
-
A2Z International Inc (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.44M
Owner & transaction history
Priceless Outlets Of Las Vegas · 11 yrs held
Priceless Outlets Of Las Vegas
since 2014
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 Laughlin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laughlin 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
$22 / 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
$132,031
Tax year 2023
Assessed value
$13,353,135
Assessed 2024
Previous assessed
$11,939,767
+11.8% YoY
Effective rate
0.99%
On assessed value
Assessed land
$548,856
Assessed improvement
$12,804,279
Land market value
$1,568,160
Improvement market value
$36,583,654
Total market value
$38,151,814
Applied tax rate
107.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1996
Construction
METAL FRAME
Heating
HEAT PUMP
Stories
2
Total area
330,977 SF
Lot
10 ac (435,600 SF)
APN
264-13-201-003
UPID
US62-1246909
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
1996
Construction
METAL FRAME
Heating
HEAT PUMP
Stories
2
Lot
10 ac
Current owner
From public records · entity-resolved
Priceless Outlets Of Las Vegas
Individual
Free & Clear · 11 yrs held
Mailing address
9101 ALTA DR UNIT #1801, LAS VEGAS, NV 89145-8546
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2014
$5,302,500
Priceless Outlets Of Las Vegas
1955 South Casino Drive Holdin
Grant Deed
—
Apr 13, 2012
—
South Casino Drive Holdin 1955
Pre Of Laughlin Nv LLC
Quit Claim Deed
related
—
Sep 26, 2011
—
South Casino Drive Holdin 1955
Us Bk NA Series 2006-gg8
Grant Deed
related
—
Sep 26, 2011
$6,230,000
Us Bank NA Series 2006-gg8
Assured Lending Svcs INC
Trustees Deed
related
—
Aug 9, 2006
$37,600,000
Pre Of Laughlin Nv LLC
Laughlin Outlet Center LLC
Grant Deed
—
Aug 6, 2002
—
Laughlin Outlet Center LLC
—
Deed Of Trust
related
$11,000,000 · Ubs Warburg Real Estate Inv
Jul 11, 2002
—
Laughlin Outlet Center LLC
Third Horizon Group LP
Grant Deed
related
—
Jun 5, 2002
$2,500,000
Third Horizon Group
Slayback,james T
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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