Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,625,000
Drug stores
2855 Nellis Blvd Las Vegas, NV 89121-7505
Entity Owned
4-yr Hold
Free & Clear
Property ID
US62-1300997
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
22,260 SF
Lot
2.21 ac (96,268 SF)
APN
161-08-603-005
UPID
US62-1300997
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
-
CVS Photo (Bike/Boat/Book/etc) Store
-
CDReload - Online Bitcoin ATM Crypto Atm Atm
-
UPS Access Point location Courier Service Postal Service
-
MoneyGram Bank Credit Union
-
Coinhub Bitcoin ATM Teller Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.07M
CAP Approach
CAP
$4.61M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.63M
Owner & transaction history
Vista Convoy Realty Ltd A Californi · 4 yrs held
Vista Convoy Realty Ltd A Californi
since 2021
Last sale
$4.3M
5 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
Method
Estimation
Statistic approach
$4,925,000
ML approach
$5,070,000
CAP Approach
CAP Return
Estimation
6%
$4,990,000
6.5%
$4,605,000
7%
$4,275,000
Blend value · Realmo final
$4.63M
Range $4.16M – $5.09M · ±10% · vs last sale $4.27M (Nov 10 2021)
Last sale anchor
$4.27M
Nov 10 2021
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
$208 / 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
$26,372
Tax year 2023
Assessed value
$1,023,532
Assessed 2024
Previous assessed
$942,397
+8.6% YoY
Effective rate
2.58%
On assessed value
Assessed land
$277,974
Assessed improvement
$745,558
Land market value
$794,211
Improvement market value
$2,130,166
Total market value
$2,924,377
Applied tax rate
340.0000
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Total area
22,260 SF
Lot
2.21 ac (96,268 SF)
APN
161-08-603-005
UPID
US62-1300997
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
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Lot
2.21 ac
Current owner
From public records · entity-resolved
Vista Convoy Realty Ltd A Californi
Entity
Free & Clear · 4 yrs held
Mailing address
1 CVS DR, WOONSOCKET, RI 02895-6146
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2021
$4,266,000
Vista Convoy Realty Ltd A Californi
G & S Vegas LLC
Bargain And Sale Deed
—
Aug 31, 2018
$3,900,000
G & S Vegasllc
Scp 2006-c23-100 LLC
Grant Deed
$2,425,000 · American First Cu
Jan 18, 2007
$3,831,451
Scp 2006-c23-100 LLC
Nevada Cvs Pharmacy LLC
Bargain And Sale Deed
$3,689,660 · Wells Fargo Bank Northwest NA
Jun 28, 2006
$3,800,000
Nevada Cvs Pharmacy LLC
American Stores Properties LLC
Quit Claim Deed
related
—
Dec 30, 1991
$3,641,000
American Stores Properties INC
Unknown
Grant Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2855 Nellis Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
