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Property profile & analytics
OFF-MARKET
Estimated value
$8,320,000
Strip malls
3310 Nellis Blvd Las Vegas, NV 89121-2911
Trust Owned
9-yr Hold
Free & Clear
Property ID
US62-0035824
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
38,835 SF
Lot
4.19 ac (182,516 SF)
APN
161-16-101-001
UPID
US62-0035824
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
-
Ralph Gambino Insurance Insurance Agency
-
Elite Catering Take-out & Catering Catering Service
-
J.J's Pizza Restaurant
-
Pizza 4 Less Take N Bake Restaurant
-
Give It All You Got Ministries Church Mosque
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.45M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.32M
Owner & transaction history
Kharbanda,sanjeev Living Trust · 9 yrs held
Kharbanda,sanjeev Living Trust
since 2016
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%
$10,240,000
6.5%
$9,450,000
7%
$8,775,000
Blend value · Realmo final
$8.32M
Range $7.49M – $9.15M · ±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
$214 / 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
$46,512
Tax year 2023
Assessed value
$1,919,690
Assessed 2024
Previous assessed
$1,744,642
+10.0% YoY
Effective rate
2.42%
On assessed value
Assessed land
$817,672
Assessed improvement
$1,102,018
Land market value
$2,336,206
Improvement market value
$3,148,623
Total market value
$5,484,829
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Buildings
2
Stories
1
Total area
38,835 SF
Lot
4.19 ac (182,516 SF)
APN
161-16-101-001
UPID
US62-0035824
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
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Buildings
2
Lot
4.19 ac
Current owner
From public records · entity-resolved
Kharbanda,sanjeev Living Trust
Trust
Free & Clear · 9 yrs held
Mailing address
5469 SIGNAL HL DR, DUBLIN, CA 94568-1186
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2020
—
Sanjeev,kharbanda Living Trust
—
Deed
related
—
Sep 22, 2017
—
Kharbanda,sanjeev Living Trust
—
Deed
related
—
Nov 10, 2016
—
Kharbanda,sanjeev Living Trust
Kharbanda,sanjeev
Quit Claim Deed
related
—
Nov 9, 2016
—
Kharbanda,sanjeev Living Trust
Kharbanda,sanjeev
Quit Claim Deed
related
—
Oct 5, 2016
—
Sanjeev Kharbanda
Kharbanda,parvesh & Sumitra
Quit Claim Deed
related
—
Oct 4, 2016
—
Parvesh Kharbanda
Kharbanda,sunil K & Renu
Quit Claim Deed
related
—
Sep 13, 2016
—
Sanjeev Kharbanda
Kharbanda,parvesh & Sumitra
Quit Claim Deed
related
—
Sep 12, 2016
—
Parvesh Kharbanda
Kharbanda,sunil K & Renu
Quit Claim Deed
related
—
Sep 9, 2016
—
Sunil K Kharbanda
Sunil & Kenu Trust
Quit Claim Deed
related
—
Aug 17, 2016
—
Sanjeev Kharbanda
Sanjeev & Saloni Trust
Quit Claim Deed
related
—
Jan 14, 2008
—
Sanjeev & Saloni Family Trust
Kharbanda,sanjeev & Saloni
Quit Claim Deed
related
—
Oct 30, 2003
$4,700,000
Sanjeev Kharbanda
Shoshone Cattle Land Dev Co
Grant Deed
$2,730,000 · East West Bank
Apr 28, 1999
$2,700,000
Shoshone Cattle & Land Dev Co
Buckley Trust
Quit Claim Deed
related
$3,000,000 · First Republic Bank
Jan 15, 1988
$2,705,000
Buckley Trust
Unknown
Grant Deed
—
—
—
Sanjeev & Saloni Family Trust
—
Deed Of Trust
related
$26,091 · East West Bank
—
—
Sanjeev,kharbanda Living Trust
—
Loan Modification
related
—
—
—
Sanjeev & Saloni Family Trust
—
Deed Of Trust
related
—
—
—
Kharbanda,sanjeev Living Trust
—
Loan Modification
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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