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Property profile & analytics
OFF-MARKET
Estimated value
$16,705,000
Retail properties & Spaces
3950 Bruce St North Las Vegas, NV 89030-3350
Entity Owned
1-yr Hold
Free & Clear
Property ID
US62-0761294
Property profile
Verified
Property type
Retail properties & Spaces
Use group
NURSERY, GREENHOUSE, FLORIST
Year built
1994
Construction
STEEL FRAME
Total area
407,125 SF
Lot
12.57 ac (547,549 SF)
APN
139-11-501-004
UPID
US62-0761294
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
-
Flower One Agricultural Supply Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.71M
Owner & transaction history
Gpss N Bruce Street Owner LLC · 1 yrs held
Gpss N Bruce Street Owner LLC
since 2025
Last sale
$18.0M
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
$14,210,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$16.71M
Range $15.03M – $18.38M · ±10% · vs last sale $17.95M (Mar 7 2025)
Last sale anchor
$17.95M
Mar 7 2025
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
$41 / 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
$102,505
Tax year 2023
Assessed value
$3,555,429
Assessed 2024
Previous assessed
$3,212,683
+10.7% YoY
Effective rate
2.88%
On assessed value
Assessed land
$257,249
Assessed improvement
$3,298,180
Land market value
$734,997
Improvement market value
$9,423,371
Total market value
$10,158,368
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
Retail properties & Spaces
Use group
NURSERY, GREENHOUSE, FLORIST
Status
Off-Market
Year built
1994
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
407,125 SF
Lot
12.57 ac (547,549 SF)
APN
139-11-501-004
UPID
US62-0761294
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
1994
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
12.57 ac
Current owner
From public records · entity-resolved
Gpss N Bruce Street Owner LLC
Entity
Free & Clear · 1 yrs held
Mailing address
3950 N BRUCE ST, NORTH LAS VEGAS, NV 89030-3350
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2026
—
Gpss N Bruce Street Owner LLC
—
Deed
related
$115,000,000 · Rlcf National Lender II Spe LLC
Mar 7, 2025
$17,950,000
Gpss N Bruce Street Owner LLC
Gregg Williams
Bargain & Sale Deed
—
Jul 27, 2022
—
Cn Licenseco I INC
—
Deed
related
$30,000,000 · Rb Loan Portfolio II LLC
Mar 18, 2022
—
Cn Landco LLC
—
Deed
related
$30,557,260 · Rb Loan Portfolio II LLC
Jan 27, 2021
—
Cn Landco LLC
—
Deed
related
$5,000,000 · Harry Ayvazian
Jun 28, 2019
—
Cn Landco LLC
—
Deed
related
$30,000,000 · Rb Loan Portfolio II LLC
Aug 31, 2018
$40,000,000
Cn Landco LLC
North Las Vegas Properties INC
Grant Deed
$18,000,000 · North Las Vegas Properties INC
Aug 13, 2018
—
North Las Vegas Properties INC
Windset Nevada Properties INC
Grant Deed
related
—
Mar 28, 2017
—
Windset Nevada Properties INC
—
Grant Deed
related
$300,000,000 · Canadian Imperial Bk/commerc
Jan 5, 2017
$770,000
Windset Nevada Properties INC
Swg Nevada Real Estate Holding
Grant Deed
—
—
—
Cn Landco LLC
—
Deed Of Trust
related
$5,000,000 · Harry Ayvazian
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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