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Property profile & analytics
OFF-MARKET
Strip malls
1995 Nellis Blvd Las Vegas, NV 89115-3663
Entity Owned
~
Est. High Equity
Property ID
US62-0208575
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,221 SF
Lot
0.68 ac (29,621 SF)
APN
140-20-701-012
UPID
US62-0208575
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
-
Watermill Express Big Box & Wholesale Store
-
Cricket Wireless Authorized Retailer Mobile Phone Store Electronics & Wireless Store
-
CASH 1 Loans Loan Service
-
Bank of America ATM Atm
-
Affordable Auto Insurance Marketing & Advertising
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
Cash America West INC
Cash America West INC
since 2025
Last sale
$4.5M
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
$9,040
Tax year 2023
Assessed value
$323,259
Assessed 2024
Previous assessed
$308,141
+4.9% YoY
Effective rate
2.80%
On assessed value
Assessed land
$165,878
Assessed improvement
$157,381
Land market value
$473,937
Improvement market value
$449,660
Total market value
$923,597
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
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Total area
8,221 SF
Lot
0.68 ac (29,621 SF)
APN
140-20-701-012
UPID
US62-0208575
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
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
Cash America West INC
Entity
Mailing address
50855 WASHINGTON STC234, LA QUINTA, CA 92253-2891
Ownership since
2025
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
Sep 4, 2025
$4,468,200
Cash America West INC
1995 Nellis LLC
Special Warranty Deed
—
Oct 17, 2023
—
1995 Nellis LLC
—
Deed
related
$700,000 · Treasure Box LP
Apr 13, 2001
$1,837,000
1995 Nellis LLC
1995 North Nellis LLC
Grant Deed
related
$1,275,000 · Wells Fargo Bank Nevada
Jan 15, 1999
—
1995 N Nellis Blvd LLC
Crossroads Alliance LP
Grant Deed
related
$857,500 · Norwest Bank
Aug 1, 1989
$470,000
Alliance L P Crossroads
Unknown
Grant Deed
related
—
—
—
1995 Nellis LLC
—
Deed Of Trust
related
$2,000,000 · Standard Insurance Co
—
—
Nellis LLC
—
Deed Of Trust
related
$25,000 · Wells Fargo Bank
—
—
1995 Nellis LLC
—
Deed Of Trust
related
$1,094,250 · Wells Fargo Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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