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Property profile & analytics
OFF-MARKET
Estimated value
$3,465,000
Grocery and convenience stores
3115 Las Vegas N Blvd Las Vegas, NV 89115-0502
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-0440361
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
17,085 SF
Lot
2.1 ac (91,476 SF)
APN
140-18-101-013
UPID
US62-0440361
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
-
Orlandi Valuta Bank Credit Union
-
Fashionprestige Clothing & Fashion Store
-
LibertyX Bitcoin ATM Atm
-
A Tu Media alteration (Bike/Boat/Book/etc) Store
-
Champions at Cactus Park Elementary School Tutoring Service Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.44M
CAP Approach
CAP
$2.53M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.47M
Owner & transaction history
Red Hook Cactus Park LLC · 4 yrs held
Red Hook Cactus Park LLC
since 2022
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 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
Method
Estimation
Statistic approach
$3,410,000
ML approach
$3,440,000
CAP Approach
CAP Return
Estimation
6%
$2,735,000
6.5%
$2,525,000
7%
$2,345,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,175,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$3.47M
Range $3.12M – $3.81M · ±10% · vs last sale $3.50M (Mar 15 2022)
Last sale anchor
$3.50M
Mar 15 2022
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
$203 / 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
$3,804
Tax year 2023
Assessed value
$891,358
Assessed 2024
Previous assessed
$810,385
+10.0% YoY
Effective rate
0.43%
On assessed value
Assessed land
$264,137
Assessed improvement
$627,221
Land market value
$754,677
Improvement market value
$1,792,060
Total market value
$2,546,737
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Total area
17,085 SF
Lot
2.1 ac (91,476 SF)
APN
140-18-101-013
UPID
US62-0440361
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$5.2M
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Lot
2.1 ac
Current owner
From public records · entity-resolved
Red Hook Cactus Park LLC
Entity
Mailing address
2120 E GRAND AVE #135, EL SEGUNDO, CA 90245-5024
Ownership since
2022
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
Mar 15, 2022
$3,502,500
Red Hook Cactus Park LLC
Interagro INC
Bargain And Sale Deed
—
Aug 8, 2018
—
Interagro INC
Interagro INC
Quit Claim Deed
related
$1,500,000 · Kbrat Family Trust (pt)
Feb 12, 2016
$1,300,000
Interagro INC
Em-50 Uav Darkco LLC
Grant Deed
$900,000 · Kbrat Family Trust (pt)
Feb 28, 2014
$730,000
Em-50 Uav Darkco LLC
Old Fepc LLC
Grant Deed
—
Apr 16, 2010
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Sep 12, 2005
—
Deep Creek 6 LLC
Aldasoro Albert J Trust
Grant Deed
—
Jun 22, 2004
—
Aldasoro Albert J Trust
Aldasoro,albert J
Quit Claim Deed
related
—
Nov 21, 2003
$4,373,000
Albert J Aldasoro
Barsell Pecos LLC
Grant Deed
—
Feb 23, 1998
$1,297,000
Lv LLC Georgia LLC
Rebel Oil Co
Grant Deed
$2,987,200 · Compass Bank
—
—
Interagro INC
—
Deed Of Trust
related
$1,183,000 · James T Russell
—
—
Interagro INC
—
Deed Of Trust
related
$100,000 · Oscar Polishuk
—
—
Fresh Mark
—
Deed Of Trust
related
—
—
—
Interagro INC
—
Deed Of Trust
related
$230,000 · Oscar Polishuk
—
—
Interagro INC
—
Deed Of Trust
related
$2,200,000 · Fidelity Bancorp
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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