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Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Strip malls
3880 Lk Mead Blvd North Las Vegas, NV 89032-5200
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US62-0506796
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2007
Construction
FRAME
Total area
5,155 SF
Lot
0.88 ac (38,333 SF)
APN
139-19-510-005
UPID
US62-0506796
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
-
Absolute Dental - West Lake Mead Dental Office
-
Dr. Sulabh Shroff Dental Office
-
Dr. Brandon Burke Dental Office
-
Dr. David Ting Dental Office
-
Dr. Nicholas Maffeo Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$865k
Owner & transaction history
Jamshid Goltche · 8 yrs held
Jamshid Goltche
since 2018
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 North Las Vegas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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%
$1,190,000
6.5%
$1,095,000
7%
$1,020,000
Blend value · Realmo final
$865k
Range $779k – $952k · ±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
$168 / 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
$8,222
Tax year 2023
Assessed value
$273,509
Assessed 2024
Previous assessed
$245,028
+11.6% YoY
Effective rate
3.01%
On assessed value
Assessed land
$100,624
Assessed improvement
$172,885
Land market value
$287,497
Improvement market value
$493,957
Total market value
$781,454
Applied tax rate
250.0000
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
Off-Market
Year built
2007
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Total area
5,155 SF
Lot
0.88 ac (38,333 SF)
APN
139-19-510-005
UPID
US62-0506796
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
FRAME
Heating
HEAT PUMP
Stories
1
Lot
0.88 ac
Current owner
From public records · entity-resolved
Jamshid Goltche
Individual
Mailing address
13963 DURHAM RD, BEVERLY HILLS, CA 90210-1070
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2024
—
Jamshid Goltche
—
Deed
related
$500,000 · David York
Jun 2, 2021
—
Jaz Investment Corp
—
Deed
related
$280,000 · First Savings Bank
Feb 26, 2018
$5,250,000
Jamshid Goltche
26 Global Infinity LLC
Grant Deed
—
Apr 29, 2015
$1,075,000
Shayan Capital Ventures LLC
Royal Investments Group LLC
Grant Deed
related
—
Feb 27, 2015
$1,075,000
Crown Mayfair LLC
Royal Investors Group LLC
Grant Deed
—
Mar 31, 2014
$5,250,000
Royal Investors Group LLC
Branch Banking Trust Co
Grant Deed
$2,300,000 · Ppi Cap INC
Oct 23, 2007
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Jaz Investment Corp
—
Deed Of Trust
related
$2,350,000 · Miscellaneous Ins Co
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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