Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

3345 E Tropicana Ave Las Vegas, NV 89121

FOR LEASE
Outlet malls
Property ID
US62-0061968
21,622 SF 1.94 ac lot Built 1979
Last sale Oct 2006 · $3,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
3345 E Tropicana Ave, Las Vegas, NV 89121 For Lease
$640,000 21,900 SF available
3345 E Tropicana Ave, Las Vegas, NV 89121
View Listing

Property summary

AI-generated overview

This retail property consists of approximately 21,900 square feet of junior anchor space located in Tropicana Centre, a power center anchored by Walmart and Sam’s Club, on a busy corner of Tropicana Avenue and Pecos Road, adjacent to Sprouts Farmers Market. The space is positioned within a retail corridor that includes a range of nearby national and local tenants. The property is described as not subject to surrounding exclusives or restrictions, providing flexibility for future use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$17k
Tax billed · 2023
Assessed value · 2024$662k
Assessed land$355k
Assessed improvement$308k
Effective rate2.52%

Value estimate

· Nov 2026
$640k
$576k – $704k
NOI build-up
Gross scheduled income$460k
Vacancy & credit loss−$39k
Operating expenses−$126k
NOI · 23,565,280.00% cap applied$295k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$374/SF
Submarket average, outlier-cleaned · 274 recorded sales of this use type
Observed band · Q1–Q3$191 – $622
Qualifying comparables6

Cap rate analysis

How does the asset earn?
23,565,280.00%
$295k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCLARK

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand index
Building Supply49.9
Wholesale Shop41.3
Auto Parts Store33.5

Location

3345 E Tropicana Ave Las Vegas, NV 89121
County assessor Recorded deeds · 7 transfers 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 15 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4915 Desert Inn, Las Vegas, NV 89121-2809 $285,000 Sep 2024 10,000 SF
3055 Tropicana, Las Vegas, NV 89121 $72,500,000 Sep 2024 130,160 SF
3565 Flamingo Rd, Las Vegas, NV 89121-5033 $2,620,000 Jun 2022 No data
4900 Tropicana, Las Vegas, NV 89121-6729 $5,384,503 Feb 2020 38,640 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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