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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Strip malls
2560 Las Vegas N Blvd North Las Vegas, NV 89030-5866
Individually Owned
22-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-0174685
Property summary
AI-generated overview
This exceptional North Las Vegas retail investment opportunity, priced at $3,450,000, features two buildings totaling 10,560 square feet on a 1.16-acre lot at 2560 & 2564 N Las Vegas Blvd, zip code 89030. The property boasts 100% occupancy with seven tenants under triple net (NNN) leases. One building houses a mini-market with gaming and fresh produce, while the second building comprises eight 960-square-foot retail bays. Built in 1978 and 1990, the single-story structures benefit from high visibility and frontage on N. Las Vegas Blvd, less than a mile from the North Las Vegas city government center. The property is zoned C-1 and offers a 6.00% cap rate. The seller may offer financing options, including a potential seller carryback. This stabilized investment presents a strong return with potential for future growth, given its prime location and long-term tenants. The property includes APN numbers 139-13-410-033 & 034. Lease options are available.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1978
Construction
FRAME
Total area
7,680 SF
Lot
0.66 ac (28,750 SF)
APN
139-13-410-034
UPID
US62-0174685
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
-
Fortaleza Y Salud Physician
-
MARES DMV AND SERVICES Vehicle Inspection Center
-
Tacos y Hot Dogs Sonora Restaurant
-
Aolanis Party Supplies Party Supply Store (Bike/Boat/Book/etc) Store
-
Love. Laundromat (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$930k
Owner & transaction history
Kumud R Dutta · 22 yrs held
Kumud R Dutta
since 2003
3 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
$121 / 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
$6,482
Tax year 2023
Assessed value
$207,032
Assessed 2024
Previous assessed
$193,976
+6.7% YoY
Effective rate
3.13%
On assessed value
Assessed land
$77,481
Assessed improvement
$129,551
Land market value
$221,374
Improvement market value
$370,146
Total market value
$591,520
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1978
Construction
FRAME
Heating
YES
Stories
1
Total area
7,680 SF
Lot
0.66 ac (28,750 SF)
APN
139-13-410-034
UPID
US62-0174685
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
1978
Construction
FRAME
Heating
YES
Stories
1
Lot
0.66 ac
Current owner
From public records · entity-resolved
Kumud R Dutta
Individual
Mailing address
2624 SPALDING DR, LAS VEGAS, NV 89134-7550
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2003
$23,990
Kumud R Dutta
Hilton Resorts Corp
Grant Deed
related
$21,591 · Hilton Resorts Corp
Jul 27, 1993
—
C&r Center INC
Peress,shimon &
Quit Claim Deed
related
—
Jan 5, 1993
—
C&r Center INC
Unknown
Grant Deed
related
—
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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