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    Property profile & analytics

    3825 Nellis Blvd Las Vegas, NV 89115-2705

    • Retail space
    • 1,883 SF
    • 9.60 lot acres
    OFF-MARKET
    Value Estimation
    $10,310,000
    Last Sale
    Oct 02, 2024
    $10,300,000
    Location Intelligence
    Property ID
    US62-0210052
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Glamorous Glitter Boutique / Handicraft
    • Kensington Community 3825 N N Ellis blvd / Mobile Home Park / Real Estate

    Property Details for 3825 Nellis Blvd

    Year built
    1956
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    9.60 lot acres
    Property size
    1,883 SF
    Property type
    Retail space
    APN
    140-08-504-006
    APU
    14008504006

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $10,300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $10,180,000
      6.5%
      $10,080,000
      7%
      $9,645,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $10,600,000
      Geo Method
      $9,940,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $11,475,000
      Retail
      $11,500,000
      Mixed-Use
      $10,045,000
      Hospitality
      $11,040,000
      Educational
      $8,845,000
      Residential Income
      $10,485,000
      Energy
      $9,285,000
      Income-Based Land
      $10,280,000
      Food Service
      $10,760,000

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.064
    Latitude
    36.2302
    CBSA code
    29820
    CBSA name
    LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $37,569
    $904,515
    $520,993
    $1,425,508
    -
    $2,584,329
    $1,488,551
    $4,072,880

    Comparable in this City

    • Value Estimation by Request
      0.08 Acres

      Las Vegas, NV 89115

      RETAIL STORES (PERSONAL SERVICES) • 0.08 Acres
      Las Vegas, NV 89115
      View Details
    • Value Estimation
      $405,000
      6,988 SF

      1615 Nellis Blvd

      RETAIL STORES (PERSONAL SERVICES) • 6,988 SF
      1615 Nellis Blvd, Las Vegas, NV 89115-6607
      View Details
    • Value Estimation
      $570,000
      7,156 SF

      Las Vegas, NV 89115

      RETAIL STORES (PERSONAL SERVICES) • 7,156 SF
      Las Vegas, NV 89115
      View Details
    • Value Estimation
      $400,000
      600 SF

      4640 Lk Mead Blvd

      RETAIL STORES (PERSONAL SERVICES) • 600 SF
      4640 Lk Mead Blvd, Las Vegas, NV 89115-6510
      View Details
    • Value Estimation
      $240,000
      8,121 SF

      2189 Nellis Blvd

      RETAIL STORES (PERSONAL SERVICES) • 8,121 SF
      2189 Nellis Blvd, Las Vegas, NV 89115
      View Details
    • Value Estimation
      $395,000
      4,800 SF

      2225 Nellis Blvd

      RETAIL STORES (PERSONAL SERVICES) • 4,800 SF
      2225 Nellis Blvd, Las Vegas, NV 89115-5579
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $1.50 SF/Yr
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    • $0.15 SF/Yr
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    • $13 SF/Yr
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      Las Vegas Blvd Office Space

      Versatile Office & Retail Space Available
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      View Details
    • Contact for pricing
      1,500 SF

      Retail Space on Las Vegas Boulevard

      Retail space with high visibility and traffic flow.
      3272 Las Vegas Blvd N, Las Vegas, NV 89115
      View Details
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    Las Vegas, NV 89115-2705
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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