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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Auto shops
3121 Nellis Blvd Las Vegas, NV 89115-3453
Entity Owned
2-yr Hold
Free & Clear
Property ID
US62-0398615
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1974
Construction
STEEL FRAME
Total area
576 SF
Lot
2.11 ac (91,912 SF)
APN
140-17-501-009
UPID
US62-0398615
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
-
Espinoza Bail Bonds Law Firm
-
Beauty With Pavers LLC General Contractor Construction Company
-
AceNicer Group, LLC (Bike/Boat/Book/etc) Store Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$810k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$581k
Blend (final)
Blend
$860k
Owner & transaction history
Nvdd Holding Rp 3 LLC · 2 yrs held
Nvdd Holding Rp 3 LLC
since 2023
Last sale
$1.1M
6 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
$815,000
ML approach
$810,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$860k
Range $774k – $946k · ±10% · vs last sale $1.05M (Dec 14 2022)
Last sale anchor
$1.05M
Dec 14 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
$1,493 / 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
$4,297
Tax year 2023
Assessed value
$372,216
Assessed 2024
Previous assessed
$338,798
+9.9% YoY
Effective rate
1.15%
On assessed value
Assessed land
$353,861
Assessed improvement
$18,355
Land market value
$1,011,031
Improvement market value
$52,443
Total market value
$1,063,474
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1974
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
576 SF
Lot
2.11 ac (91,912 SF)
APN
140-17-501-009
UPID
US62-0398615
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
1974
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
2.11 ac
Current owner
From public records · entity-resolved
Nvdd Holding Rp 3 LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1420 WESTWIND RD, LAS VEGAS, NV 89146-1356
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2023
—
Nvdd Holding Rp 3 LLC
Cpb Nellis LLC
Re-recorded Document
related
—
Dec 14, 2022
—
C P B Nellis LLC
County Of Clark
Redemption Deed
related
—
Nov 16, 2022
$1,050,000
Nvdd Holding Rp 3 LLC
Cpb Nellis LLC
Bargain And Sale Deed
—
Jun 24, 2003
$39,200
Cpb Nellis LLC
Carina Blance LP
Quit Claim Deed
related
—
Dec 3, 1996
—
Blanco Trust
Ballard,carina
Quit Claim Deed
related
—
Mar 19, 1996
—
Carina Ballard
Matthews,walter J
Quit Claim Deed
related
—
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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