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Property profile & analytics
OFF-MARKET
Turn key restaurants
2245 Flamingo Rd Las Vegas, NV 89119-5109
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US62-0052231
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1982
Construction
FRAME
Total area
6,741 SF
Lot
0.65 ac (28,314 SF)
APN
162-23-503-003
UPID
US62-0052231
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
-
La Jolla Nightclub/Restaurant Nightclub DJ & Entertainment
-
La Jolla Nightclub Nightclub DJ & Entertainment
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
Jose Zinna Di Diaz LLC · 9 yrs held
Jose Zinna Di Diaz LLC
since 2017
5 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
$9,653
Tax year 2023
Assessed value
$368,262
Assessed 2024
Previous assessed
$329,328
+11.8% YoY
Effective rate
2.62%
On assessed value
Assessed land
$109,009
Assessed improvement
$259,253
Land market value
$311,454
Improvement market value
$740,723
Total market value
$1,052,177
Applied tax rate
470.0000
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
1982
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
6,741 SF
Lot
0.65 ac (28,314 SF)
APN
162-23-503-003
UPID
US62-0052231
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
1982
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.65 ac
Current owner
From public records · entity-resolved
Jose Zinna Di Diaz LLC
Entity
Mailing address
2245 E FLAMINGO RD, LAS VEGAS, NV 89119-5109
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2017
$1,320,000
Jose Zinna Di Diaz LLC
S And G Developments LLC
Bargain And Sale Deed
$1,188,000 · Seacoast Commerce Bank
Oct 26, 2006
$2,100,000
S & G Devs LLC
Dimartinos Tllerman Restauran
Grant Deed
—
Nov 21, 1997
$1,700,000
Dimartino's Tillerman Group
Kapp,thomas
Grant Deed
$1,360,000 · Commercial Bank Nevada
—
—
Dimartinos Tillerman Restauran
—
Deed Of Trust
related
$1,700,000 · Bank Of America
—
—
S & G Devs LLC
—
Deed Of Trust
related
$1,250,000 · Zions First National 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.
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