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Property profile & analytics
OFF-MARKET
Estimated value
$1,350,000
Turn key restaurants
375 Stephanie St 3 Henderson, NV 89014-8771
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-1259946
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1999
Construction
FRAME
Total area
3,497 SF
Lot
0.49 ac (21,344 SF)
APN
178-09-520-007
UPID
US62-1259946
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
-
Realtor Kevin Haff_REMAX Unlimited Real Estate Agency
-
Kendra Rich, eXp Realty Real Estate Agency
-
Farmers Insurance - Cesar Rodriguez Insurance Agency
-
Clark Dennis H DDS Dental Office
-
Dr. Teodora Buda-Gordon, DDS- Better Smiles Dental Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.55M
Blend (final)
Blend
$1.35M
Owner & transaction history
Seung Hyuk NA · 4 yrs held
Seung Hyuk NA
since 2022
Last sale
$1.4M
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 Henderson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Henderson 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
$1,255,000
ML approach
$1,150,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,225,000
Current use
Blend value · Realmo final
$1.35M
Range $1.22M – $1.49M · ±10% · vs last sale $1.40M (Mar 30 2022)
Last sale anchor
$1.40M
Mar 30 2022
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
$386 / 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
$7,560
Tax year 2023
Assessed value
$286,359
Assessed 2024
Previous assessed
$255,352
+12.1% YoY
Effective rate
2.64%
On assessed value
Assessed land
$97,115
Assessed improvement
$189,244
Land market value
$277,471
Improvement market value
$540,697
Total market value
$818,168
Applied tax rate
505.0000
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
1999
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
3,497 SF
Lot
0.49 ac (21,344 SF)
APN
178-09-520-007
UPID
US62-1259946
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
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$2.2M
RESTAURANT Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Seung Hyuk NA
Individual
Mailing address
7180 WHITE BLOOM AVE, LAS VEGAS, NV 89117-3821
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2022
$1,400,000
Seung Hyuk NA
Gata III LLC
Bargain And Sale Deed
—
Sep 6, 2019
—
Gata III LLC
—
Deed
related
$1,222,000 · Business Support Team
May 6, 2019
—
Gata III LLC
—
Deed
related
$122,000 · Nv Capital Corp LLC
May 3, 2019
—
Gata III LLC
—
Deed
related
$1,222,000 · Business Support Team
May 4, 2018
$1,200,000
Gata III LLC
Jmta Investments LLC
Grant Deed
$925,000 · Wellington Group LLC
Dec 28, 2012
$525,000
Jmta Investments LLC
Bbcn Bk
Grant Deed
—
Jun 16, 2011
$646,296
Nara Bk
American Default Mgmt
Trustees Deed
related
—
Mar 4, 2008
$1,400,000
Daebak LLC
Shiraz Cafe LLC
Grant Deed
$1,155,000 · Nara Bank
Apr 4, 2007
—
Shiraz Cafe LLC
—
Trustees Deed
related
$875,000 · Overland Direct INC
Jun 16, 2005
$940,000
Shiraz Cafe LLC
Hadley Ents Restaurant Opportu
Grant Deed
—
—
—
Gata III LLC
—
Deed Of Trust
related
$122,000 · Nv Capital Corp LLC
—
—
Gata III LLC
—
Deed Of Trust
related
$1,222,000 · Business Support Team
—
—
Gata III LLC
—
Deed Of Trust
related
$1,222,000 · Business Support Team
—
—
Shiraz Cafe LLC
—
Deed Of Trust
related
$600,000 · Hughes Family Trust
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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