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Property profile & analytics
OFF-MARKET
Estimated value
$11,615,000
Outlet malls
2029 Civic Ctr Dr North Las Vegas, NV 89030
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US62-0270433
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
105,715 SF
Lot
18.62 ac (811,087 SF)
APN
139-23-610-001
UPID
US62-0270433
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.10M
Blend (final)
Blend
$11.62M
Owner & transaction history
Van Nuys Building LLC · 3 yrs held
Van Nuys Building LLC
since 2023
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 North Las Vegas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.62M
Range $10.45M – $12.78M · ±10%
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
$110 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$107,034
Tax year 2022
Assessed value
$3,612,513
Assessed 2023
Previous assessed
$3,612,513
+0.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$1,757,220
Assessed improvement
$1,855,293
Land market value
$5,020,629
Improvement market value
$5,300,837
Total market value
$10,321,466
Applied tax rate
253.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Buildings
6
Stories
1
Units
6
Total area
105,715 SF
Lot
18.62 ac (811,087 SF)
APN
139-23-610-001
UPID
US62-0270433
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
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Buildings
6
Units
6
Lot
18.62 ac
Current owner
From public records · entity-resolved
Van Nuys Building LLC
Entity
Mailing address
4764 PARK GRANADA STE #200, CALABASAS, CA 91302-1572
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2023
—
Van Nuys Building LLC
Tprf III Civic Plaza Nv LLC
Bargain And Sale Deed
—
Jan 4, 2021
$38,731,491
El Dorado Financing Group INC
Tprf III Of Civic Plaza Nv LLC
Grant Deed
—
Oct 31, 2016
—
Tprf III Of Civic Plaza Nv LLC
Antoku D J & M V Trust
Grant Deed
related
—
Jun 30, 2014
—
Tprf III Of Civic Plaza Nv LLC
—
Deed Of Trust
related
$19,460,000 · Civic Plaza Vegas Lender Gap
Oct 23, 2013
$12,950,000
Tprf III Of Civic Plaza Nv LLC
Antoku D J & M V Living Trust
Grant Deed
—
Oct 23, 2013
—
Brian T Antoku
Antoku,linda
Quit Claim Deed
related
—
Jul 17, 2013
—
Antoku,d J & M V Living Trust
Antoku Dahlas J
Quit Claim Deed
related
—
Nov 13, 2012
—
Antoku D J & M V Living Trust
Antoku,mieko
Quit Claim Deed
related
—
Sep 24, 2012
—
Dahlas Antoku
Antoku Ronald S
Quit Claim Deed
related
—
Jul 12, 2011
—
Antoku D J & M V Living Trust
Antoku,dahlas J & Mieko
Quit Claim Deed
related
—
May 23, 2003
$12,500,000
Dahlas J Antoku
College Park Realty Co
Grant Deed
$9,500,000 · First Savings Bank
—
—
Antoku,d J & M V Living Trust
—
Deed Of Trust
related
$300,000 · Carmar LLC
—
—
Tprf III Of Civic Plaza Nv LLC
—
Loan Modification
related
$19,633,820 · Inwood Nat'l Bk
—
—
Tprf III Of Civic Plaza Nv LLC
—
Loan Modification
related
$23,000,000 · Pacific Premier Bk
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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