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Property profile & analytics
FOR LEASE
Strip malls
330 North Sandhill Blvd Mesquite, NV 89027
Entity Owned
18-yr Hold
Free & Clear
Property ID
US62-0024482
For Lease
$3,300,000
330 North Sandhill Blvd, Mesquite, NV 89027
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1997
Construction
FRAME
Total area
14,685 SF
Lot
2.23 ac (97,139 SF)
APN
001-16-510-010
UPID
US62-0024482
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
-
Cafe Rio Fresh Modern Mexican Restaurant
-
Cricket Wireless Authorized Retailer Mobile Phone Store Electronics & Wireless Store
-
Advanced Hearing & Balance Specialists Audiologist Hearing Aid Store
-
Dr. Lance Greer Physician
-
Heather Annette Smith Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.22M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.30M
Owner & transaction history
Las Virgenes LLC · 18 yrs held
Las Virgenes LLC
since 2008
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 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%
$3,485,000
6.5%
$3,215,000
7%
$2,985,000
Blend value · Realmo final
$3.30M
Range $2.97M – $3.63M · ±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
$225 / 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
$23,138
Tax year 2023
Assessed value
$1,246,244
Assessed 2024
Previous assessed
$1,117,182
+11.6% YoY
Effective rate
1.86%
On assessed value
Assessed land
$173,393
Assessed improvement
$1,072,851
Land market value
$495,409
Improvement market value
$3,065,289
Total market value
$3,560,698
Applied tax rate
901.0000
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
For Lease
Year built
1997
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Total area
14,685 SF
Lot
2.23 ac (97,139 SF)
APN
001-16-510-010
UPID
US62-0024482
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
1997
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Lot
2.23 ac
Current owner
From public records · entity-resolved
Las Virgenes LLC
Entity
Free & Clear · 18 yrs held
Mailing address
22815 VENTURA BLVD #310, WOODLAND HILLS, CA 91364-1202
Ownership since
2008
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 20, 2018
—
West Box LLC
—
Deed
related
$41,760 · Wells Fargo Bk
Jan 11, 2008
$6,687,500
Las Virgenes LLC
Mesquite Plaza 1 LLC
Grant Deed
—
Jun 29, 2006
$5,100,000
Mesquite Plaza 1 LLC
Zions Mesquite LLC
Grant Deed
$3,450,000 · * Other Institutional Lenders
—
—
Zions Mesquite LLC
—
Deed Of Trust
related
$355,000 · American First FCU
—
—
Trinityb Restaurant Group West
—
Deed Of Trust
related
$6,600,000 · Wells Fargo Bk
—
—
West Box LLC
—
Deed Of Trust
related
$41,760 · Wells Fargo 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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