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Property profile & analytics
OFF-MARKET
Estimated value
$4,170,000
Strip malls
312 Mesquite Blvd Mesquite, NV 89027-5134
Entity Owned
27-yr Hold
Free & Clear
Property ID
US62-0355137
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1995
Construction
FRAME
Total area
23,296 SF
Lot
3.03 ac (131,987 SF)
APN
001-16-301-011
UPID
US62-0355137
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
-
Los Lupes Mexican Restaurant Restaurant
-
Sunrise Childrens Hospital Social Service Agency Charitable Organization
-
Mr Pawn Discount Store (Bike/Boat/Book/etc) Store
-
Watermill Express Big Box & Wholesale Store
-
Family Service Social Service Agency Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.10M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.17M
Owner & transaction history
Virgin Valley Cab Co INC · 27 yrs held
Virgin Valley Cab Co INC
since 1999
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 Mesquite submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mesquite 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,525,000
6.5%
$5,100,000
7%
$4,735,000
Blend value · Realmo final
$4.17M
Range $3.75M – $4.59M · ±10%
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
$179 / 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
$35,494
Tax year 2023
Assessed value
$1,420,760
Assessed 2024
Previous assessed
$1,279,600
+11.0% YoY
Effective rate
2.50%
On assessed value
Assessed land
$235,133
Assessed improvement
$1,185,627
Land market value
$671,809
Improvement market value
$3,387,506
Total market value
$4,059,315
Applied tax rate
902.0000
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
1995
Construction
FRAME
Heating
HEAT PUMP
Buildings
3
Stories
1
Total area
23,296 SF
Lot
3.03 ac (131,987 SF)
APN
001-16-301-011
UPID
US62-0355137
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
1995
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Buildings
3
Lot
3.03 ac
Current owner
From public records · entity-resolved
Virgin Valley Cab Co INC
Entity
Free & Clear · 27 yrs held
Mailing address
312 W MESQUITE BLVD STE #116, MESQUITE, NV 89027-5136
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2023
—
Jackrabbit Property LLC
—
Deed
related
$1,650,000 · Stonetree Financial INC
Oct 25, 2022
—
Mesquite Shopping Center LLC
—
Deed
related
$260,000 · Western Alliance Bank
Feb 2, 1999
—
Virgin Valley Cab Co INC
Frias,charles & Phyllis
Quit Claim Deed
related
—
Dec 16, 1994
$160,000
Charles Frias
Biasi Trust
Grant Deed
—
Aug 26, 1994
$750,000
Charles Frias
P & G Investment
Grant Deed
—
Aug 5, 1994
$264,461
Biasi Trust
Biasi Trust
Grant Deed
related
—
Apr 15, 1993
$75,000
Bruno 1983 Biasi
Unknown
Grant Deed
—
Mar 29, 1991
$55,000
P & G Investments INC
Unknown
Grant Deed
—
—
—
Mesquite Shopping Center LLC
—
Deed Of Trust
related
$11,042 · James Family Trust (pt)
—
—
P & G Investments INC
—
Deed Of Trust
related
$250,000 · Bankwest Of Nevada
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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