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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Turn key restaurants
2228 Bonanza Rd Las Vegas, NV 89106-4714
Entity Owned
3-yr Hold
Free & Clear
Property ID
US62-0210036
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1967
Lot
0.13 ac (5,663 SF)
APN
139-29-704-023
UPID
US62-0210036
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
$660k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$645k
Owner & transaction history
Phenomenal Investments LLC · 3 yrs held
Phenomenal Investments LLC
since 2022
Last sale
$635,000
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
Method
Estimation
Statistic approach
$570,000
ML approach
$660,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$645k
Range $581k – $710k · ±10% · vs last sale $635k (Mar 14 2022)
Last sale anchor
$635k
Mar 14 2022
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
—
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
$296
Tax year 2023
Assessed value
$13,874
Assessed 2024
Previous assessed
$13,874
+0.0% YoY
Effective rate
2.13%
On assessed value
Assessed land
$13,874
Land market value
$39,640
Total market value
$39,640
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1967
Heating
NONE
Lot
0.13 ac (5,663 SF)
APN
139-29-704-023
UPID
US62-0210036
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
1967
Heating
NONE
Lot
0.13 ac
Current owner
From public records · entity-resolved
Phenomenal Investments LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1533 TILLMAN FLS AVE, LAS VEGAS, NV 89183-6997
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2022
—
Phenomenal Investments LLC
Harry K Ayvazian
Re-recorded Document
related
—
Mar 14, 2022
$635,000
Phenomenal Investments LLC
Harry K Ayvazian
Bargain And Sale Deed
—
Nov 18, 2014
—
Harry K Ayvazian
Haz2011 LLC
Grant Deed
related
—
Feb 27, 2014
—
Haz2011 LLC
Shapiro Family Trust
Grant Deed
related
—
Oct 22, 2013
$160,000
Haz2011 LLC
Shapiro Family Trust
Grant Deed
$340,000 · Shapiro Trust (pt)
Jan 29, 2013
$150,000
Shapiro Family Trust
Nevada Title Co
Trustees Deed
—
Aug 4, 2011
$400,000
Bart Maybie
Nevada Trust Deed Svcs INC
Trustees Deed
$150,000 · Shapiro Family Trust
Jun 24, 2011
$400,000
Bart Maybie
Nevada Trust Deed Svcs INC
Trustees Deed
$150,000 · Shapiro Family Trust (pt)
Jun 2, 1998
$325,000
Mamas Cooking Big
Mcdonalds Real Estate Co Colum
Grant Deed
—
Jan 19, 1995
$562,000
Mcdonalds Corp
Montclif LP
Grant Deed
—
Nov 4, 1993
—
LP Montclif
Federal Deposit
Quit Claim Deed
related
—
Aug 3, 1993
—
Bank Of New England
Belmont L V Land
Quit Claim Deed
related
—
Sep 27, 1988
—
LP Montclif
Unknown
Grant Deed
related
—
—
—
Bud Holdings LLC
—
Deed Of Trust
related
$900,000 · Bart Maybie
—
—
Bud Holdings LLC
—
Deed Of Trust
related
$875,000 · Bart Maybie
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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