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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Auto shops
2401 Gowan Rd North Las Vegas, NV 89030
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US62-0308835
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,454 SF
Lot
0.42 ac (18,295 SF)
APN
139-11-703-001
UPID
US62-0308835
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
$800k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$800k
Owner & transaction history
Hovanes Giovanni Nikoian · 1 yrs held
Hovanes Giovanni Nikoian
since 2024
Last sale
$800,000
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 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
$800,000
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$800k
Range $720k – $880k · ±10% · vs last sale $800k (Dec 6 2024)
Last sale anchor
$800k
Dec 6 2024
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
$124 / 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
$6,954
Tax year 2023
Assessed value
$253,037
Assessed 2024
Previous assessed
$232,419
+8.9% YoY
Effective rate
2.75%
On assessed value
Assessed land
$88,045
Assessed improvement
$164,992
Land market value
$251,557
Improvement market value
$471,406
Total market value
$722,963
Applied tax rate
250.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Units
1
Total area
6,454 SF
Lot
0.42 ac (18,295 SF)
APN
139-11-703-001
UPID
US62-0308835
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
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Units
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Hovanes Giovanni Nikoian
Individual
Mailing address
9504 TREASURE BCH CT, LAS VEGAS, NV 89117-3607
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2024
—
Hovanes Giovanni Nikoian
Narine Nalbuchakyan
Deed
related
$641,300 · America First FCU
Jan 21, 2020
—
Hovanes G Nikoian
Narine Balbuchakyan
Quit Claim Deed
related
$630,000 · Graciela Masso
Nov 15, 2018
$800,000
Hovanes G Nikoian
Desert Auto Body LLC
Grant Deed
$600,000 · Frank V Mccullough
Nov 15, 2018
—
Hovanes G Nikoian
Balbuchakyan,narine
Grant Deed
related
—
Jun 26, 2017
$610,000
Desert Auto Body LLC
Crawford,terry
Grant Deed
—
—
—
Terry L Crawford
—
Deed Of Trust
related
$272,000 · Community Bank Nevada
—
—
Terry L Crawford
—
Deed Of Trust
related
$115,000 · Community Bank Nevada
—
—
Terry L Crawford
—
Deed Of Trust
related
$484,000 · Black Mountain Community 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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