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Property profile & analytics
OFF-MARKET
Estimated value
$2,665,000
Strip malls
3025 Desert Inn Rd Las Vegas, NV 89121-3856
Entity Owned
7-yr Hold
Free & Clear
Property ID
US62-0033585
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
24,300 SF
Lot
3.36 ac (146,362 SF)
APN
162-13-501-002
UPID
US62-0033585
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
-
Cool Dogs Sports Pub Bar & Pub
-
Sin City Foosball Bar & Pub Nightclub
-
Coconut Bistro Restaurant
-
C.E.M.I Christian Fellowship Church Mosque
-
Iglesia Tabernaculo de Dios Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.67M
Owner & transaction history
3829 Broadway LLC · 7 yrs held
3829 Broadway LLC
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
$110 / 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
$31,226
Tax year 2023
Assessed value
$1,518,606
Assessed 2024
Previous assessed
$1,401,407
+8.4% YoY
Effective rate
2.06%
On assessed value
Assessed land
$435,427
Assessed improvement
$1,083,179
Land market value
$1,244,077
Improvement market value
$3,094,797
Total market value
$4,338,874
Applied tax rate
470.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Buildings
2
Stories
1
Total area
24,300 SF
Lot
3.36 ac (146,362 SF)
APN
162-13-501-002
UPID
US62-0033585
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
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Buildings
2
Lot
3.36 ac
Current owner
From public records · entity-resolved
3829 Broadway LLC
Entity
Free & Clear · 7 yrs held
Mailing address
1911 E OLYMPIC BLVD, LOS ANGELES, CA 90021-2421
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2018
$5,175,000
3829 Broadway LLC
Lim,peter C L
Grant Deed
—
Sep 26, 2018
—
Broadway LLC
—
Deed
related
$2,850,000 · Cathay Bk
Sep 25, 2018
$1,674,363
Peter C L Lim
Desert Inn-pecos Plaza LLC
Quit Claim Deed
related
—
Sep 21, 2011
$1,825,000
Desert Inn-pecos Plaza LLC
3025 East Desert Inn Road Hold
Grant Deed
related
—
Aug 20, 2010
$3,540,000
3025 East Desert Inn Road Hold
Ballard Spahr LLP
Trustees Deed
—
Jul 25, 2006
—
3025 E Desert Inn LLC
Magnolia Medical Associates LLC
Bargain And Sale Deed
$8,150,000 · Wachovia Bank NA
Jun 9, 2006
$11,440,000
Magnolia Medical Assocs LLC
Desert Inn-pecos Center LLC
Grant Deed
$5,730,000 · Cal Oaks Partners
May 8, 2003
—
Desert Inn Pecos Center LLC
—
Trustees Deed
related
$4,656,000 · Community Bank Nevada
Nov 28, 2001
$3,000,000
Desert Inn-pecos Center LLC
Cinema 8 Center LLC
Grant Deed
$4,360,000 · Inland Mortgage Corp
Jan 19, 1999
—
Cinema 8 Center LLC
Damavandi Trust
Grant Deed
related
—
Dec 10, 1998
—
Cinema 8 Center LLC
Damavandi Trust
Grant Deed
related
—
Dec 22, 1992
$3,200,000
Damavandi Family Trust
Unknown
Grant Deed
—
—
—
Desert Inn-pecos Center LLC
—
Deed Of Trust
related
$749,099 · Community Bank Nevada
—
—
Desert Inn-pecos Center LLC
—
Deed Of Trust
related
$774,000 · Community Bank Nevada
—
—
Broadway LLC
—
Deed Of Trust
related
$2,850,000 · Cathay Bk
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
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