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Property profile & analytics
OFF-MARKET
Estimated value
$38,545,000
Super regional malls
3720 Las Vegas S Blvd Las Vegas, NV 89158-1644
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US62-0326201
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2007
Construction
STEEL FRAME
Total area
611,977 SF
APN
162-20-711-007
UPID
US62-0326201
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
-
VALENTINO Clothing & Fashion Store
-
TAG Heuer (Bike/Boat/Book/etc) Store
-
Stefano Ricci Clothing Store
-
Childrensalon and spa Hair Salon
-
Acne Studios Crystals Las Vegas Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$38.55M
Owner & transaction history
Crystal Las Vegas LLC · 10 yrs held
Crystal Las Vegas LLC
since 2016
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$63 / 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
$1,820,203
Tax year 2023
Assessed value
$68,006,239
Assessed 2024
Previous assessed
$63,095,052
+7.8% YoY
Effective rate
2.68%
On assessed value
Assessed land
$16,687,733
Assessed improvement
$51,318,506
Land market value
$47,679,237
Improvement market value
$146,624,303
Total market value
$194,303,540
Applied tax rate
470.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Stories
3
Total area
611,977 SF
APN
162-20-711-007
UPID
US62-0326201
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
2007
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
3
Current owner
From public records · entity-resolved
Crystal Las Vegas LLC
Entity
Mailing address
PO BOX 6120, INDIANAPOLIS, IN 46206-6120
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2016
—
Crystals Las Vegas LLC
—
Deed
related
—
Apr 12, 2016
—
Crystal Las Vegas LLC
Crystals At Citycenter LLC
Quit Claim Deed
related
—
Jan 21, 2011
—
Citycenter Boutique Hotel Hold
—
Deed Of Trust
related
$600,000,000 · Us Bank NA
Dec 30, 2009
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Citycenter Boutique Hotel
—
Deed Of Trust
related
—
—
—
Crystals Las Vegas LLC
—
Deed Of Trust
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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