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Property profile & analytics
OFF-MARKET
Turn key restaurants
3401 Lk Mead Blvd North Las Vegas, NV 89030-7390
Entity Owned
7-yr Hold
Free & Clear
Property ID
US62-0295415
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1961
Construction
FRAME
Total area
1,904 SF
Lot
0.17 ac (7,405 SF)
APN
139-24-710-018
UPID
US62-0295415
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
-
Panaderia Salvadoreña Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
L & J Sanchez Holdings LLC · 7 yrs held
L & J Sanchez Holdings LLC
since 2019
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 North Las Vegas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,023
Tax year 2023
Assessed value
$67,029
Assessed 2024
Previous assessed
$61,240
+9.5% YoY
Effective rate
3.02%
On assessed value
Assessed land
$22,678
Assessed improvement
$44,351
Land market value
$64,794
Improvement market value
$126,717
Total market value
$191,511
Applied tax rate
250.0000
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
1961
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
6
Bathrooms
1
Total area
1,904 SF
Lot
0.17 ac (7,405 SF)
APN
139-24-710-018
UPID
US62-0295415
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
1961
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
6
Bathrooms
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
L & J Sanchez Holdings LLC
Entity
Free & Clear · 7 yrs held
Mailing address
6321 GIANT OAK ST, NORTH LAS VEGAS, NV 89084-2009
Ownership since
2019
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
May 1, 2019
—
L & J Sanchez Holdings LLC
Sanchez,luis A & Maria E
Quit Claim Deed
related
—
Jul 2, 2009
$53,000
Luis A Sanchez
Emmanuel L & J Corp
Grant Deed
—
Jan 12, 2009
—
Emmanuel L & J Corp
Sanchez,luis A & Maria E
Grant Deed
—
Nov 14, 2006
$250,000
Luis Sanchez
Sanchez,manuel
Grant Deed
$192,000 · Silver State Mortgage
Nov 19, 2004
$147,900
Manuel Sanchez
Guevara,fidel
Grant Deed
$140,475 · American Home Mtg Acceptance
May 4, 2001
$102,000
Fidel Guevara
Montes,hector
Grant Deed
$91,800 · Ctx Mortgage Co
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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