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Property profile & analytics
FOR LEASE
Turn key restaurants
2797 S Maryland Pkwy Las Vegas, NV 89109
Entity Owned
7-yr Hold
Free & Clear
Property ID
US62-0423319
For Lease
1 / 2
Contact for pricing
2797 S Maryland Pkwy, Las Vegas, NV 89109
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,062 SF
Lot
0.08 ac (3,485 SF)
APN
162-10-601-008
UPID
US62-0423319
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
-
Saladmaster Restaurant
-
Tina's Beauty Salon Hair Salon
-
Gourmet China II Restaurant
-
Gold Crafters Department Store
-
LBC Express - Las Vegas Branch Courier Service Postal Service
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
Jgnk Nevada Investments LLC · 7 yrs held
Jgnk Nevada Investments LLC
since 2019
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 Las Vegas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
$6,526
Tax year 2023
Assessed value
$246,891
Assessed 2024
Previous assessed
$222,408
+11.0% YoY
Effective rate
2.64%
On assessed value
Assessed land
$14,637
Assessed improvement
$232,254
Land market value
$41,820
Improvement market value
$663,583
Total market value
$705,403
Applied tax rate
410.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
For Lease
Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Total area
8,062 SF
Lot
0.08 ac (3,485 SF)
APN
162-10-601-008
UPID
US62-0423319
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
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Jgnk Nevada Investments LLC
Entity
Free & Clear · 7 yrs held
Mailing address
3720 S SUSAN ST STE #100, SANTA ANA, CA 92704-6957
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2019
—
Jgnk Nevada Investments LLC
—
Grant Deed
related
$7,500,000 · Wells Fargo Bk
Jul 3, 2019
$11,875,000
Jgnk Nevada Investments LLC
B33 Sunrise City Plaza LLC
Grant Deed
—
Jul 29, 2016
—
B33 Sunrise City Plaza LLC
—
Deed
related
$6,500,000 · Private Individual
Jun 17, 2015
$7,087,500
B33 Sunrise City Plaza LLC
Mlcfc 2007-7 Maryland Parkway
Grant Deed
—
Apr 2, 2014
$5,400,000
Mlcfc 2007-7 Maryland Parkway
First American Title Insu
Trustees Deed
—
Apr 30, 2007
$16,250,000
Birkeland Family Nevada LLC II
Trans Aero Land & Development Co
Bargain And Sale Deed
$11,130,000 · Countrywide Com Real Estate Finance
Sep 21, 2004
$9,550,000
Trans-aero Land & Dev Co
Crown Commercial Inv LLC
Grant Deed
$7,200,000 · First Republic Bank
Sep 21, 2004
$8,800,000
Crown Commercial Inv LLC
Sunrise City Plaza Ltd
Grant Deed
—
Sep 21, 2004
$2,640,000
Sunrise City Plaza Ltd
Sunrise City Plaza Ltd
Grant Deed
related
—
Feb 6, 1989
$561,200
Million Dollar Theater Building
Unknown
Grant Deed
—
—
—
B33 Sunrise City Plaza LLC
—
Deed Of Trust
related
$6,500,000 · Private Individual
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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