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Property profile & analytics
OFF-MARKET
Estimated value
$2,030,000
Grocery and convenience stores
3631 Sahara Ave Las Vegas, NV 89102-5870
Entity Owned
24-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-0211714
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1970
Construction
CONCRETE
Total area
29,211 SF
Lot
1.9 ac (82,764 SF)
APN
162-08-101-008
UPID
US62-0211714
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
-
Grocery store Grocery & Convenience Store Food Market
-
DolEx Dollar Express Bank Credit Union
-
L.A. Insurance Insurance Agency
-
Maryana Cheap Food Super Market Shopping Center & Mall
-
VALERIO DMV SERVICES Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.59M
Blend (final)
Blend
$2.03M
Owner & transaction history
Marianas Enterprises · 24 yrs held
Marianas Enterprises
since 2001
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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.03M
Range $1.83M – $2.23M · ±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
$69 / 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
$24,279
Tax year 2023
Assessed value
$801,207
Assessed 2024
Previous assessed
$740,524
+8.2% YoY
Effective rate
3.03%
On assessed value
Assessed land
$393,957
Assessed improvement
$407,250
Land market value
$1,125,591
Improvement market value
$1,163,571
Total market value
$2,289,162
Applied tax rate
213.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1970
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Total area
29,211 SF
Lot
1.9 ac (82,764 SF)
APN
162-08-101-008
UPID
US62-0211714
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
1970
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
1.9 ac
Current owner
From public records · entity-resolved
Marianas Enterprises
Entity
Mailing address
2325 E CHEYENNE AVE, NORTH LAS VEGAS, NV 89030-8400
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2024
—
Marianas Enterprises
—
Deed
related
$750,000 · Wells Fargo Bank NA
Sep 26, 2001
—
Marianas Enterprises
Marianas Enterprises
Quit Claim Deed
related
$2,800,000 · Wells Fargo Bank Nevada
Nov 20, 2000
$3,500,000
Marianas Enterprise
Fonpa,andrew S
Grant Deed
$2,800,000 · Seller
Jan 13, 1998
—
Andrew S Fonfa
Fonfa,andrew S
Quit Claim Deed
related
$200,000 · Commercial Bank Nevada
—
—
Marianas Ents
—
Deed Of Trust
related
$820,573 · Wells Fargo Bk
—
—
Marianas Ents
—
Deed Of Trust
related
$2,075,000 · Wells Fargo Bk
—
—
Marianas Ents
—
Deed Of Trust
related
$1,200,000 · Wells Fargo Bank
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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