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Property profile & analytics
FOR LEASE
Strip malls
3455 E Flamingo Rd Las Vegas, NV 89121
Entity Owned
10-yr Hold
Free & Clear
Property ID
US62-0060879
For Lease
1 / 2
$2,450,000
3455 E Flamingo Rd, Las Vegas, NV 89121
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
21,315 SF
Lot
3.43 ac (149,411 SF)
APN
161-19-101-001
UPID
US62-0060879
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
-
Village Pub Nightclub Bar & Pub
-
Habitat For Humanity Las Vegas Discount Store
-
Re Store Home Decor Store Department Store
-
Cosette - Tile Art Boutique (Bike/Boat/Book/etc) Store
-
Studio 34 Salon & Day Spa Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.52M
Blend (final)
Blend
$2.45M
Owner & transaction history
Flemingo 3455 LLC · 10 yrs held
Flemingo 3455 LLC
since 2015
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 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.45M
Range $2.21M – $2.70M · ±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
$115 / 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
$46,795
Tax year 2023
Assessed value
$1,972,046
Assessed 2024
Previous assessed
$1,698,008
+16.1% YoY
Effective rate
2.37%
On assessed value
Assessed land
$862,849
Assessed improvement
$1,109,197
Land market value
$2,465,283
Improvement market value
$3,169,134
Total market value
$5,634,417
Applied tax rate
470.0000
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
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Buildings
4
Stories
1
Total area
21,315 SF
Lot
3.43 ac (149,411 SF)
APN
161-19-101-001
UPID
US62-0060879
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
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Buildings
4
Lot
3.43 ac
Current owner
From public records · entity-resolved
Flemingo 3455 LLC
Entity
Free & Clear · 10 yrs held
Mailing address
3131 ANTELO RD, LOS ANGELES, CA 90077-1603
Ownership since
2015
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
Nov 3, 2015
—
Flemingo 3455 LLC
Flemingo 3455 LLC
Intrafamily Transfer
related
—
Dec 2, 2005
$2,915,500
Denver Fund I Ltd
Iomega Investments LLC
Grant Deed
—
Dec 2, 2005
$9,000,000
St Rose LLC
Denver Fund I Ltd
Grant Deed
$6,750,000 · Ixis Real Estate Capital INC
Feb 16, 1996
$5,200,000
Bill Katich Estate
Cannery LP
Grant Deed
$3,770,000 · Us Bank Of Nevada
Jun 27, 1988
$1,475,000
Cannery Limited Partnership
Unknown
Grant Deed
—
—
—
Iomega Investments LLC
—
Deed Of Trust
related
$4,400,000 · Greenwich Capital Fin'l INC
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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