New search
Property profile & analytics
OFF-MARKET
Estimated value
$5,890,000
Strip malls
2400 Buffalo Dr Ste 140 Las Vegas, NV 89128-4803
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US62-0185964
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Construction
FRAME
Total area
7,540 SF
Lot
2.04 ac (88,862 SF)
APN
138-15-402-001
UPID
US62-0185964
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
$6.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.96M
Blend (final)
Blend
$5.89M
Owner & transaction history
Silver Buffalo LLC · 5 yrs held
Silver Buffalo LLC
since 2021
Last sale
$5.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.4M
+66.0%
Commercial (general)
$4.8M
+45.7%
Auto repair, garage
$4.2M
+27.9%
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
$6,315,000
ML approach
$6,240,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$5,435,000
Change: +66% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,770,000
Change: +46% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,190,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$5.89M
Range $5.30M – $6.48M · ±10% · vs last sale $5.47M (Jul 9 2021)
Last sale anchor
$5.47M
Jul 9 2021
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
$781 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$31,843
Tax year 2023
Assessed value
$1,502,092
Assessed 2024
Previous assessed
$1,290,553
+16.4% YoY
Effective rate
2.12%
On assessed value
Assessed land
$559,831
Assessed improvement
$942,261
Land market value
$1,599,517
Improvement market value
$2,692,174
Total market value
$4,291,691
Applied tax rate
200.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2005
Construction
FRAME
Heating
YES
Buildings
2
Stories
1
Total area
7,540 SF
Lot
2.04 ac (88,862 SF)
APN
138-15-402-001
UPID
US62-0185964
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
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$5.4M
COMMERCIAL (GENERAL)
Est. value
$4.8M
AUTO REPAIR, GARAGE
Est. value
$4.2M
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Construction
FRAME
Heating
YES
Stories
1
Buildings
2
Lot
2.04 ac
Current owner
From public records · entity-resolved
Silver Buffalo LLC
Entity
Mailing address
325 WALK CIR, SANTA CRUZ, CA 95060-5946
Ownership since
2021
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
Jul 9, 2021
—
Silver Buffalo LLC
610 E Dunne LLC
Intrafamily Transfer
related
$3,200,000 · Stanford FCU
Nov 16, 2017
$5,470,000
610 E Dunne LLC
Sunstone Buffalo LLC
Bargain And Sale Deed
$3,370,000 · Stanford FCU
May 11, 2016
—
Sunstone Buffalo LLC
—
Deed
related
$2,500,000 · Zb NA
Apr 9, 2012
$2,000,000
Sunstone Buffalo LLC
Tech Center North LLC
Grant Deed
$1,300,000 · Bank Of Nevada
Jun 29, 2011
—
Tech Center North LLC
Becker Ents LLC
Quit Claim Deed
related
—
Jun 28, 2010
$1,665,000
Becker Ents LLC
Sa Group Properties INC
Quit Claim Deed
related
—
Jan 12, 2010
$4,013,199
Sa Group Properties INC
Nevada Title Co
Trustees Deed
—
Aug 25, 2005
—
Becker Gaming Group
—
Deed Of Trust
related
$4,000,000 · Wells Fargo Bank
Aug 31, 2004
$1,650,000
Tech Retail Center
Beam Donna F Trust
Grant Deed
$3,500,000 · First National Bank Nevada
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2400 Buffalo Dr Ste, Unit 140?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
