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Property profile & analytics
OFF-MARKET
Bars & Pubs
2112 Western Ave Las Vegas, NV 89102-4614
Entity Owned
6-yr Hold
Free & Clear
Property ID
US62-0941575
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,510 SF
Lot
0.79 ac (34,412 SF)
APN
162-04-302-007
UPID
US62-0941575
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
-
The Library Gentlemen's Club Bar & Pub
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
Lgc Properties Nevada LLC · 6 yrs held
Lgc Properties Nevada LLC
since 2019
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
$11,634
Tax year 2023
Assessed value
$449,709
Assessed 2024
Previous assessed
$422,808
+6.4% YoY
Effective rate
2.59%
On assessed value
Assessed land
$216,796
Assessed improvement
$232,913
Land market value
$619,417
Improvement market value
$665,466
Total market value
$1,284,883
Applied tax rate
212.0000
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
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
Off-Market
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Buildings
2
Stories
1
Total area
8,510 SF
Lot
0.79 ac (34,412 SF)
APN
162-04-302-007
UPID
US62-0941575
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
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Buildings
2
Lot
0.79 ac
Current owner
From public records · entity-resolved
Lgc Properties Nevada LLC
Entity
Free & Clear · 6 yrs held
Mailing address
7000 GDN GRV BLVD, WESTMINSTER, CA 92683-2232
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2026
—
Lgc Properties Nevada LLC
—
Deed
related
$3,500,000 · Golden State Bank
Dec 6, 2019
—
Lgc Properties Nevada LLC
—
Grant Deed
related
$3,000,000 · Mission Vly Bk
Sep 17, 2019
$4,900,000
Lgc Properties Nevada LLC
Western Property Holdings Ll
Grant Deed
—
Jun 14, 2012
$5,036
Western Property Holdings LLC
Tax Receiver Of Clark County
Tax Deed
related
—
Nov 6, 2008
—
Western Property Holdings LLC
Jeg Family Trust
Grant Deed
—
Nov 4, 2008
—
Jeg Family Trust
La Fuente INC
Grant Deed
—
Feb 25, 2008
$900,000
Lafuente INC
Castellanos Family Trust
Grant Deed
$1,000,000 · Bank Of Las Vegas
Sep 12, 2007
$79,563
Castellanos Family Trust
Treasurer Of Clark County
Grant Deed
—
Jun 7, 2007
$61,804
Treasurer Of Clark County
Castellanos Family Trust
Tax Deed
related
—
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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