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Property profile & analytics
OFF-MARKET
Estimated value
$6,540,000
Grocery and convenience stores
3250 Cactus Ave Las Vegas, NV 89141-8840
Entity Owned
Free & Clear
Property ID
US62-0527140
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,890 SF
Lot
1.94 ac (84,506 SF)
APN
177-29-402-005
UPID
US62-0527140
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
-
Pit Stop Oil Company Grocery & Convenience Store
-
Chevron Gas Station
-
Phantom Fireworks Stand Discount Store Party Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.28M
Blend (final)
Blend
$6.54M
Owner & transaction history
Jean Ventures LLC
Jean Ventures LLC
since 2025
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.54M
Range $5.89M – $7.19M · ±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
$1,681 / 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
$27,019
Tax year 2023
Assessed value
$1,298,136
Assessed 2024
Previous assessed
$1,158,605
+12.0% YoY
Effective rate
2.08%
On assessed value
Assessed land
$664,300
Assessed improvement
$633,836
Land market value
$1,898,000
Improvement market value
$1,810,960
Total market value
$3,708,960
Applied tax rate
635.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
CONVENIENCE STORE
Status
Off-Market
Year built
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Buildings
2
Stories
1
Total area
3,890 SF
Lot
1.94 ac (84,506 SF)
APN
177-29-402-005
UPID
US62-0527140
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
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Buildings
2
Lot
1.94 ac
Current owner
From public records · entity-resolved
Jean Ventures LLC
Entity
Free & Clear · 0 yrs held
Mailing address
5195 LAS VEGAS BLVD S, LAS VEGAS, NV 89119-3209
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2025
—
Jean Ventures LLC
—
Deed
related
$305,000,000 · Capital One NA
Jul 18, 2025
—
Jean Ventures LLC
Edward J Herbst Trust
Bargain & Sale Deed
—
Mar 22, 2022
—
Ett I LLC
Panther Investments LLC
Re-recorded Document
related
—
Dec 13, 2021
$12,129,787
Ett I LLC
Panther Investments LLC
Bargain And Sale Deed
$22,575,000 · Canopy Mortgage LLC
Sep 13, 2016
—
Panther Investments LLC
—
Deed
related
$5,302,000 · Western Alliance Bk
Sep 14, 2015
—
Panther Investments LLC
—
Trustees Deed
related
$5,302,000 · Western Alliance Bk
Apr 20, 2015
$3,725,000
Panther Investments LLC
2 5 Acres At Dean Martin LLC
Grant Deed
$1,862,500 · Western Alliance Bk
Jun 26, 2006
$2,175,000
2 5 Acres Of Dean Martin LLC
2 5 Acres Of Cactus LLC
Grant Deed
—
Aug 5, 1998
$510,000
2-5 Acres Cactus LLC
Cash Thomas Associates INC
Trustees Deed
$250,000 · Nevada First Bank
Aug 5, 1998
$392,500
Cash Thomas Associates INC
Mcdonald,sarah S
Trustees Deed
—
—
—
Panther Investments LLC
—
Loan Modification
related
$5,302,000 · Western Alliance 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.
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