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Property profile & analytics
OFF-MARKET
Estimated value
$4,230,000
Turn key restaurants
3251 Bicentennial Pkwy Henderson, NV 89044-0572
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US62-0832435
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2022
Construction
FRAME
Total area
2,219 SF
Lot
0.55 ac (23,958 SF)
APN
191-23-113-002
UPID
US62-0832435
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
-
Starbucks Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.93M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.23M
Owner & transaction history
Pacific Commodities LLC · 3 yrs held
Pacific Commodities LLC
since 2022
Last sale
$4.5M
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 Henderson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Henderson 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
$4,025,000
ML approach
$3,925,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.23M
Range $3.81M – $4.65M · ±10% · vs last sale $4.49M (Nov 30 2022)
Last sale anchor
$4.49M
Nov 30 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
$1,906 / 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
$9,968
Tax year 2023
Assessed value
$525,177
Assessed 2024
Previous assessed
$311,910
+68.4% YoY
Effective rate
1.90%
On assessed value
Assessed land
$234,788
Assessed improvement
$290,389
Land market value
$670,823
Improvement market value
$829,683
Total market value
$1,500,506
Applied tax rate
516.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2022
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
2,219 SF
Lot
0.55 ac (23,958 SF)
APN
191-23-113-002
UPID
US62-0832435
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
2022
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
Pacific Commodities LLC
Entity
Mailing address
PO BOX 777790, HENDERSON, NV 89077-7790
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2022
$4,487,179
Pacific Commodities LLC
Acre Bicentennial LLC
Bargain And Sale Deed
—
Apr 18, 2022
—
Starbucks Corporation
Acre Bicentennial LLC
Lease
—
Mar 22, 2022
—
Acre Bicentennial LLC
—
Deed
related
$1,850,000 · Meadows Bank
Aug 21, 2020
—
Bicentennial Dev LLC
—
Deed
related
$1,700,000 · 786 Childrens Educatio Tr (pt)
Aug 20, 2020
$1,050,000
Acre-bicentennial LLC
Bicentennial Dev LLC
Grant Deed
—
Aug 4, 2020
$1,850,000
Euro Dev LLC
Bicentennial Dev LLC
Correction Deed
—
Aug 4, 2020
—
Euro Dev LLC
—
Deed
related
$750,000 · Bicentennial Dev LLC
Jul 8, 2020
—
Bicentennial Dev LLC
Bicentennial Dev LLC
Quit Claim Deed
related
—
Feb 21, 2019
—
Bicentennial Dev LLC
Pardee Homes Of Nevada
Correction Deed
related
—
—
—
Euro Dev LLC
—
Deed Of Trust
related
$750,000 · Bicentennial Dev LLC
—
—
Bicentennial Dev LLC
—
Deed Of Trust
related
$1,700,000 · 786 Childrens Educatio Tr (pt)
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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