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Property profile & analytics
OFF-MARKET
Estimated value
$1,565,000
Strip malls
2696 Ann Rd North Las Vegas, NV 89031-1184
Individually Owned
12-yr Hold
Free & Clear
Property ID
US62-0036517
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2003
Construction
FRAME
Total area
16,854 SF
Lot
2.53 ac (110,207 SF)
APN
124-29-811-002
UPID
US62-0036517
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
-
Allay Dental Dental Office
-
Pho Aimie Restaurant
-
Dip nails Nail Salon
-
Hair by Gisell Hair Salon
-
EC Water Store Big Box & Wholesale 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
$1.57M
Owner & transaction history
Thanh Lewis · 12 yrs held
Thanh Lewis
since 2014
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$93 / 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
$37,103
Tax year 2023
Assessed value
$1,537,447
Assessed 2024
Previous assessed
$1,394,114
+10.3% YoY
Effective rate
2.41%
On assessed value
Assessed land
$520,728
Assessed improvement
$1,016,719
Land market value
$1,487,794
Improvement market value
$2,904,911
Total market value
$4,392,705
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2003
Construction
FRAME
Heating
YES
Buildings
2
Stories
1
Total area
16,854 SF
Lot
2.53 ac (110,207 SF)
APN
124-29-811-002
UPID
US62-0036517
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
2003
Construction
FRAME
Heating
YES
Stories
1
Buildings
2
Lot
2.53 ac
Current owner
From public records · entity-resolved
Thanh Lewis
Individual
Free & Clear · 12 yrs held
Mailing address
5066 PEARLITE AVE, LAS VEGAS, NV 89120-1572
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2014
$2,100,000
Thanh Lewis
2010-1 Nv-retail LLC
Grant Deed
—
May 3, 2013
$1,625,000
2010-1 Nv-retail LLC
Nevada Title Co
Trustees Deed
—
Mar 15, 2007
—
A & S Ventures INC
—
Deed Of Trust
related
$10,500,000 · First National Bank Nevada
Jul 5, 2006
—
Ford B & P Fam Living Trust
Ford,barry A & Patricia A
Quit Claim Deed
related
—
Feb 11, 2004
—
Jerald M Spilsbury
Spilsbury,charlene
Quit Claim Deed
related
—
Feb 11, 2004
$5,800,000
Barry A Ford
Spilsbury,jerald M
Grant Deed
$4,350,000 · Community Bank Nevada
—
—
Ford B & P Family Living Trust
—
Deed Of Trust
related
$4,350,000 · Community 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.
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