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Property profile & analytics
OFF-MARKET
Automotive properties
2983 Fremont St Las Vegas, NV 89104-2216
Trust Owned
8-yr Hold
~
Est. High Equity
Property ID
US62-0263167
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,035 SF
Lot
0.46 ac (20,038 SF)
APN
162-01-601-005
UPID
US62-0263167
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
-
Auto Credit Center Car Dealership
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
Promit Trust · 8 yrs held
Promit Trust
since 2018
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
$1,809
Tax year 2023
Assessed value
$101,600
Assessed 2024
Previous assessed
$82,966
+22.5% YoY
Effective rate
1.78%
On assessed value
Assessed land
$63,120
Assessed improvement
$38,480
Land market value
$180,343
Improvement market value
$109,943
Total market value
$290,286
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Total area
3,035 SF
Lot
0.46 ac (20,038 SF)
APN
162-01-601-005
UPID
US62-0263167
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
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Promit Trust
Trust
Mailing address
1440 SILVER GLN AVE, LAS VEGAS, NV 89123-3843
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2023
—
Gabriel C Profit
—
Deed
related
$530,000 · Mihaela Bratoi
Apr 28, 2023
—
Gabriel C Profit
—
Deed
related
$380,000 · Mihaela Bratoi
Jun 28, 2018
$295,265
Promit Trust
Bratoi,mihaela
Grant Deed
$180,000 · Mihaela Bratoi
Jan 24, 2017
$160,000
Mihaela Bratoi
Moriwaki,valerie A
Grant Deed
—
Jan 24, 2017
—
Valerie A Moriwaki
Corbett-collins Trust
Quit Claim Deed
related
—
Dec 29, 2016
$14,541
Joseph W Fuller
Treasurer Of Clark County
Grant Deed
—
Nov 28, 2016
—
Valerie A Moriwaki
Corbett-collins Trust
Quit Claim Deed
related
—
Jun 21, 2016
$11,722
Joseph W Fuller
Tax Receiver Of Clark County
Tax Deed
—
Jan 9, 2012
$16,776
Virginia K Embry
Treasurer Of Clark County
Grant Deed
—
May 19, 2011
$206,253
Joseph W Fuller
Nevada Title Co
Trustees Deed
—
Jun 3, 2010
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Dec 16, 1999
$350,000
Saeid Behnamjou
Sayar Trust
Grant Deed
—
May 15, 1997
$380,000
William D Embry
Fuller,joseph W
Grant Deed
$361,000 · Seller
—
—
Virginia K Embry
—
Deed Of Trust
related
$55,000 · American Contractors Indemnity
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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