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Property profile & analytics
OFF-MARKET
Turn key restaurants
20 Falcon Rdg Pkwy Mesquite, NV 89027-8827
Trust Owned
8-yr Hold
Free & Clear
Property ID
US62-0707403
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2008
Construction
FRAME
Total area
2,782 SF
Lot
1.16 ac (50,530 SF)
APN
001-18-210-026
UPID
US62-0707403
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
-
Del Taco Restaurant
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
Velka Family Trust · 8 yrs held
Velka Family Trust
since 2017
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 Mesquite submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mesquite 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
$8,870
Tax year 2023
Assessed value
$354,168
Assessed 2024
Previous assessed
$319,713
+10.8% YoY
Effective rate
2.50%
On assessed value
Assessed land
$74,279
Assessed improvement
$279,889
Land market value
$212,226
Improvement market value
$799,683
Total market value
$1,011,909
Applied tax rate
902.0000
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
2008
Construction
FRAME
Heating
YES
Stories
1
Total area
2,782 SF
Lot
1.16 ac (50,530 SF)
APN
001-18-210-026
UPID
US62-0707403
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
2008
Construction
FRAME
Heating
YES
Stories
1
Lot
1.16 ac
Current owner
From public records · entity-resolved
Velka Family Trust
Trust
Free & Clear · 8 yrs held
Mailing address
1 MEMORY LN, SAN JUAN CAPISTRANO, CA 92675-1008
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2017
$1,875,000
Velka Family Trust
Herbst Dev LLC
Grant Deed
—
Feb 24, 2017
—
Herbst Dev LLC
—
Loan Modification
related
$4,915,000 · Bank Of Hemet
Oct 29, 2015
$5,800,000
Herbst Dev LLC
Mesquite Travel Center LLC
Trustees Deed
$4,000,000 · Bank Of Hemet
Apr 8, 2015
—
Mesquite Travel Center LLC
Ffaa Limited Liability Co
Bargain And Sale Deed
—
Mar 27, 2015
$3,076,000
Mesquite Travel Center LLC
Ffaa LLC
Bargain And Sale Deed
$200,000 · Charles Brennan
Nov 6, 2014
$500,000
Falcon Crossing Futures LLC
Branch Bkng & Trust Co
Grant Deed
—
Apr 2, 2013
$2,450,000
Ffaa LLC
Eagle Spe Nv I INC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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