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Property profile & analytics
OFF-MARKET
Bars & Pubs
2542 Las Vegas N Blvd North Las Vegas, NV 89030-5808
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US62-0381736
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
2016
Construction
FRAME
Total area
12,252 SF
Lot
0.95 ac (41,382 SF)
APN
139-13-410-035
UPID
US62-0381736
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
-
Opera House Saloon & Casino Hotel & Motel Resort
-
Dotty's Casino Hotel & Motel Resort
-
ATM (ATM Link, Inc.) Atm
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
Esc Dev LLC · 11 yrs held
Esc Dev LLC
since 2015
6 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
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
$25,594
Tax year 2023
Assessed value
$870,400
Assessed 2024
Previous assessed
$775,169
+12.3% YoY
Effective rate
2.94%
On assessed value
Assessed land
$141,940
Assessed improvement
$728,460
Land market value
$405,543
Improvement market value
$2,081,314
Total market value
$2,486,857
Applied tax rate
255.0000
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
BAR, TAVERN
Status
Off-Market
Year built
2016
Construction
FRAME
Heating
YES
Stories
1
Total area
12,252 SF
Lot
0.95 ac (41,382 SF)
APN
139-13-410-035
UPID
US62-0381736
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
2016
Construction
FRAME
Heating
YES
Stories
1
Lot
0.95 ac
Current owner
From public records · entity-resolved
Esc Dev LLC
Entity
Free & Clear · 11 yrs held
Mailing address
3645 LOSEE RD, NORTH LAS VEGAS, NV 89030-3324
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2018
—
Esc Dev LLC
—
Deed
related
$3,350,000 · Western Alliance Bk
Jan 2, 2015
$3,000,000
Esc Dev LLC
Silver Nugget Gaming LLC
Grant Deed
—
Jan 18, 2007
$19,462,500
Silver Nugget Gaming LLC
Mahoneys Silver Nugget INC
Bargain And Sale Deed
$23,000,000 · First National Bank Of Nevada
May 24, 2001
—
Mahoneys Silver Nugget INC
Gary Mahoney INC
Quit Claim Deed
related
$2,631,000 · Us Bank NA
—
—
Mahoneys Silvet Nugget INC
—
Deed Of Trust
related
$1,800,000 · Valley Bank
—
—
Esc Dev LLC
—
Deed Of Trust
related
$3,350,000 · Western Alliance Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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