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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Auto shops
2606 La Madre Way North Las Vegas, NV 89081-2630
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US62-0223210
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1998
Construction
FRAME
Total area
6,000 SF
Lot
2.43 ac (105,851 SF)
APN
124-36-301-007
UPID
US62-0223210
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
-
National Trench Safety (Bike/Boat/Book/etc) Store Rental Equipment Company
-
National Trench Safety and Traffic Solutions (Bike/Boat/Book/etc) Store Rental Equipment Company
-
Peek Construction Construction Company
-
TPR Traffic Solutions Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$360k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$666k
Blend (final)
Blend
$510k
Owner & transaction history
La Madre Rrv LLC · 10 yrs held
La Madre Rrv LLC
since 2015
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
by Request
ML approach
$360,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±10%
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
$85 / 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
$20,192
Tax year 2023
Assessed value
$823,155
Assessed 2024
Previous assessed
$664,429
+23.9% YoY
Effective rate
2.45%
On assessed value
Assessed land
$414,936
Assessed improvement
$408,219
Land market value
$1,185,531
Improvement market value
$1,166,340
Total market value
$2,351,871
Applied tax rate
254.0000
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
1998
Construction
FRAME
Heating
HEAT PUMP
Buildings
2
Stories
1
Total area
6,000 SF
Lot
2.43 ac (105,851 SF)
APN
124-36-301-007
UPID
US62-0223210
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
1998
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Buildings
2
Lot
2.43 ac
Current owner
From public records · entity-resolved
La Madre Rrv LLC
Entity
Mailing address
767 ROSECRANS ST, SAN DIEGO, CA 92106-3012
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2015
—
La Madre Rrv LLC
Roberts Ranch Venture LP
Quit Claim Deed
related
—
Dec 31, 2014
$2,050,000
Robert Ranch Venture LP
Trench Plate Rental Co
Grant Deed
—
Feb 19, 2010
$1,610,000
Bays LLC
Us Small Busn Admn
Grant Deed
$817,100 · Nevada State Bank
Sep 14, 2007
—
William D Decker
1306 Lamp Domestic Non Grantor
Grant Deed
—
Jun 2, 2006
—
Michael M Decker
—
Deed Of Trust
related
$4,000,000 · Silver State Bank
Aug 4, 2005
—
1306 Lamp Domestic Trust
Decker,william D
Grant Deed
—
Jul 30, 2004
—
William D Decker
—
Deed Of Trust
related
$1,000,000 · Silver State Bank
Dec 29, 2003
$519,290
Michael D Decker
Ckl Investments Trust
Grant Deed
—
Jul 31, 1997
$1,271,000
Industrial 7.5 General Ptshp
Sun State Components Of Nevada
Trustees Deed
—
Jul 31, 1997
$560,000
Decker,williaw D & Constance
Undustrial 7.5 General Ptshp
Trustees Deed
$1,350,000 · Las Vegas Business Bank
—
—
James L Brown
—
Deed Of Trust
related
$979,370 · Las Vegas Business Bank
—
—
Bays LLC
—
Deed Of Trust
related
$661,000 · Nevada State Development Corp
—
—
William D Decker
—
Deed Of Trust
related
$656,000 · Silver State Bank
—
—
James L Brown
—
Deed Of Trust
related
$728,000 · Las Vegas Business Bank
—
—
William D Decker
—
Deed Of Trust
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.
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