Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2901 Rancho Dr Las Vegas, NV 89130-3306
    Back to Search
    Property profile & analytics

    2901 Rancho Dr, Las Vegas, NV 89130-3306

    View on Map
    • Grocery and convenience stores
    • 4,900 SF
    • 2.00 lot acres
    Off-Market
    Property ID
    US62-0256537
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $930,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Tacos Los Barrios / Restaurant
    • Alamo Hand Car Wash & Detail / Car Wash
    • Arco Hand Car Wash / Car Wash
    • America's Bitcoin ATM / Currency Exchange Service / Atm
    • U-Haul Neighborhood Dealer / Car Rental Facility

    Property Details for 2901 Rancho Dr

    Year built
    2000
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.00 lot acres
    Property type
    Grocery and convenience stores
    APN
    138-13-601-019
    APU
    13813601019

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 30, 2020 — Grind Mode 1 LLC — Deed · related $2.7M · American First Nat'l Bk
    Feb 14, 2019 — Grind Mode I LLC — Deed · related $230k · William W Kamar
    Feb 13, 2015 — Jerry Amusen Lucho Elza M Quit Claim Deed · related —
    Feb 12, 2015 $2,970,000 Grind Mode 1 LLC Petro Rancho LLC Bargain And Sale Deed —
    Sep 9, 2013 $426,210 Petro Rancho LLC Amussen,jerry Quit Claim Deed · related —
    Feb 27, 2013 $1,704,840 Jerry Amussen Petro Rancho LLC Grant Deed —
    Jan 19, 2011 $1,560,000 Petro Rancho LLC Rancho Oasis LP Grant Deed · related $789k · Nevada State Bank
    Oct 12, 2007 — Owner Name Unavailable Owner Name Unavailable Quit Claim Deed · related —
    Feb 8, 2001 — Rancho Oasis LP Rancho Oasis Ltd Quit Claim Deed · related $1.3M · Wells Fargo Bank Arizona
    — — Petro Rancho LLC — Deed Of Trust · related $200k · Jerry Amussen
    — — Petro Rancho LLC — Deed Of Trust · related $400k · Wasef Qaraman
    — — Petro Rancho LLC — Deed Of Trust · related $356k · Jerry Amussen
    — — Rancho Oasis Car Wash — Deed Of Trust · related $750k · Nevada State Development Corp
    — — Grind Mode 1 LLC — Deed Of Trust · related $470k · Jerry Amussen
    — — Grind Mode 1 LLC — Deed Of Trust · related $2.7M · American First Nat'l Bk
    — — Petro Rancho LLC — Deed Of Trust · related $250k · Bp West Coast Products LLC
    — — Petro Rancho LLC — Deed Of Trust · related $200k · Doumani Eleonore Living Tr (lt
    — — Grind Mode I LLC — Deed Of Trust · related $230k · William W Kamar
    — — Petro Rancho LLC — Deed Of Trust · related $567k · Nevada State Development Corp

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $584,000
      Market price range: $488k - $747k

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.209
    Latitude
    36.2125
    CBSA code
    29820
    CBSA name
    LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $24,681
    $219,542
    $583,873
    $803,415
    -
    $627,263
    $1,668,209
    $2,295,472

    Comparable in this City

    • Value Estimation
      $725,000
      3,455 SF

      7251 Azure Dr

      CONVENIENCE STORE
      7251 Azure Dr, Las Vegas, NV 89130-4409
      View Details
    • Value Estimation
      $535,000
      2,696 SF

      4805 Craig Rd

      CONVENIENCE STORE
      4805 Craig Rd, Las Vegas, NV 89130-2728
      View Details
    • Value Estimation
      $835,000
      3,849 SF

      5590 Rainbow Blvd

      CONVENIENCE STORE
      5590 Rainbow Blvd, Las Vegas, NV 89130-1621
      View Details
    • Value Estimation
      $760,000
      4,056 SF

      4747 Rancho Dr

      CONVENIENCE STORE
      4747 Rancho Dr, Las Vegas, NV 89130-3533
      View Details
    • Value Estimation
      $1,880,000
      4,178 SF

      5001 Rainbow Blvd

      CONVENIENCE STORE
      5001 Rainbow Blvd, Las Vegas, NV 89130-1603
      View Details
    • Value Estimation
      $8,335,000
      46,817 SF

      4817 Craig Rd

      GROCERY, SUPERMARKET
      4817 Craig Rd, Las Vegas, NV 89130
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      8,793 SF

      Las Vegas NNN Retail Investment

      NNN leased retail property with corporate guaranty and rental increases.
      5001 W Craig Rd, Las Vegas, NV 89130
      View Details
    • Contact for pricing
      61,450 SF

      Anchored Shopping Center Opportunity

      Value-add shopping center with junior-anchor opportunity in Las Vegas.
      4810-4920 W Lone Mountain Rd, Las Vegas, NV 89130
      View Details
    • Contact for pricing
      36,407 SF

      Anchored Shopping Center For Sale

      Value-add shopping center with junior-anchor opportunity in north Las Vegas.
      3103-3149 N Rancho Dr, Las Vegas, NV 89130
      View Details
    • Contact for pricing
      11,270 SF

      Albertsons Anchored Retail Space

      Retail space in Albertsons anchored shopping center for lease.
      4830 W Craig Rd, Las Vegas, NV 89130
      View Details
    • Contact for pricing
      22,195 SF

      North West Las Vegas Office

      Well-maintained multitenant office building in a high-visibility location.
      3660 N Rancho Dr, Las Vegas, NV 89130
      View Details
    • Contact for pricing

      Commercial Corner Land For Sale

      Prime commercial corner lot in Lone Mountain District.
      5620 N Jones Blvd, Las Vegas, NV 89130
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Rancho Sierra Shopping Center Space

      Retail space available in a high-traffic shopping center.
      4408 N Rancho Dr, Las Vegas, NV 89130
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space Available For Lease

      Retail space available for lease with street-facing exposure.
      4588 N Rancho Dr, Las Vegas, NV 89130
      View Details
    • Contact for pricing
      2,800 SF

      Retail Space Available For Rent

      Retail space available for lease in Las Vegas, Nevada.
      4458 N Rancho Dr, Las Vegas, NV 89130
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space on Rancho Drive

      9000 SF retail space with excellent visibility.
      3900 N Rancho Dr, Las Vegas, NV 89130
      View Details
    • Contact for pricing
      1,380 SF

      Centennial Hills Retail Center Space

      Retail space in a high-traffic Centennial Hills shopping center.
      7220 W Azure Dr, Las Vegas, NV 89130
      View Details
    • Contact for pricing
      1,125 SF

      Retail Space on Rancho Drive

      Retail space available for lease in Las Vegas, Nevada.
      4402-4454 N Rancho Dr, Las Vegas, NV 89130
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2901 Rancho Dr
    Las Vegas, NV 89130-3306
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2901 Rancho Dr, Las Vegas, NV, 89130
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!