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Property profile

2995 East Flamingo Rd Las Vegas, NV 89121

FOR SALE
Drug stores
Property ID
US62-0465301
13,841 SF 1.52 ac lot Built 1997
Last sale Mar 1996 · $1,200,000
Individually Owned Owner of record is an individual. 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$16k
Tax billed · 2023
Assessed value · 2024$914k
Assessed land$255k
Assessed improvement$659k
Effective rate1.73%

Value estimate

· Oct 2026
$1.44M
$1.30M – $1.58M
Submarket $/SF estimate$1.08M
NOI build-up
Gross scheduled income$317k
Vacancy & credit loss−$24k
Operating expenses−$73k
NOI · 5.54% cap applied$220k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$374/SF
Submarket average, outlier-cleaned · 274 recorded sales of this use type
Observed band · Q1–Q3$191 – $622
Qualifying comparables10

Cap rate analysis

How does the asset earn?
5.54%
$220k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCLARK

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply50.1
Wholesale Shop38.5
Restaurant36.5

Location

2995 East Flamingo Rd Las Vegas, NV 89121
County assessor Recorded deeds · 3 transfers 10 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4440 Tropicana, Las Vegas, NV 89121-6719 $8,750,000 Feb 2023 9,920 SF
2605 Flamingo, Las Vegas, NV 89121-5241 $1,250,000 Jan 2023 7,000 SF
3365 Tropicana, Las Vegas, NV 89121-7329 $72,500,000 Nov 2022 40,000 SF
3736 Desert Inn, Las Vegas, NV 89121-3339 $3,739,843 Dec 2021 30,176 SF
2855 Nellis, Las Vegas, NV 89121-7505 $4,266,000 Nov 2021 22,260 SF
4595 Flamingo, Las Vegas, NV 89121-4738 $3,659,000 Aug 2020 11,855 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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