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Property profile & analytics
OFF-MARKET
Estimated value
$3,195,000
Grocery and convenience stores
2914 Cheyenne Ave North Las Vegas, NV 89032-7779
Entity Owned
5-yr Hold
Free & Clear
Property ID
US62-0184629
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1998
Construction
FRAME
Total area
2,940 SF
Lot
0.81 ac (35,284 SF)
APN
139-08-402-004
UPID
US62-0184629
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
-
7-Eleven Grocery & Convenience Store
-
ATM 7ELEVEN, INC. Bank Loan Service
-
Citibank ATM Atm
-
Sinclair Gas Station
-
Amazon Locker - Juneau Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.36M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.46M
Blend (final)
Blend
$3.20M
Owner & transaction history
711 Nlv LLC · 5 yrs held
711 Nlv LLC
since 2021
Last sale
$3.5M
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
$3,080,000
ML approach
$3,355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.20M
Range $2.88M – $3.51M · ±10% · vs last sale $3.54M (Jan 27 2021)
Last sale anchor
$3.54M
Jan 27 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
$1,087 / 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
$10,424
Tax year 2023
Assessed value
$373,645
Assessed 2024
Previous assessed
$347,540
+7.5% YoY
Effective rate
2.79%
On assessed value
Assessed land
$148,193
Assessed improvement
$225,452
Land market value
$423,409
Improvement market value
$644,149
Total market value
$1,067,558
Applied tax rate
250.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1998
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
2,940 SF
Lot
0.81 ac (35,284 SF)
APN
139-08-402-004
UPID
US62-0184629
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
YES
Cooling
Yes
Stories
1
Lot
0.81 ac
Current owner
From public records · entity-resolved
711 Nlv LLC
Entity
Free & Clear · 5 yrs held
Mailing address
PO BOX 480797, LOS ANGELES, CA 90048-9397
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2021
—
S & S Fuels LLC
—
Deed
related
$160,000,000 · Cibc Bank USA
Jan 27, 2021
—
711 Nlv LLC
Greenbaum A & F L/tr
Grant Deed
related
—
Feb 4, 2015
$3,538,000
Greenbaum,a & F Living Trust|eisenberg,lm Trust
Perasso C & D Trust
Grant Deed
—
Sep 10, 2014
—
Goria,victor & C 2001 Trust
Goria Victor J
Quit Claim Deed
related
—
Jul 19, 2012
—
Perasso Claude & D 2001 Trust
Perasso,claude D & Donna J
Quit Claim Deed
related
—
Sep 11, 2002
$2,275,000
Claude D Perasso
Lyon,gary J & Jeanne G
Grant Deed
—
Sep 13, 2000
$2,091,000
Gary J Lyon
C-store Cbt LLC
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.
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