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    Property profile & analytics

    400 Eastern Ave Las Vegas, NV 89101-4040

    • Grocery and convenience stores
    • 4,178 SF
    • 1.91 lot acres
    OFF-MARKET
    Value Estimation
    $420,000
    Location Intelligence
    Property ID
    US62-0439085
    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

    • Passion Nails & Spa / Nail Salon
    • Effleurage by Nadine / Facial Spa
    • Caliber Hair Studio / Barber Shop
    • Chevron / Gas Station
    • Hilt Bitcoin ATM Las Vegas / Atm

    Property Details for 400 Eastern Ave

    Year built
    1997
    Construction
    FRAME
    Lot size
    1.91 lot acres
    Property size
    4,178 SF
    Property type
    Grocery and convenience stores
    APN
    139-36-216-002
    APU
    13936216002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $390,000

    • CAP approach

      CAP return
      Estimation
      6%
      $450,000
      6.5%
      $475,000
      7%
      $510,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $510,000
      Geo Method
      $440,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $515,000
      Retail
      $535,000
      Mixed-Use
      $550,000
      Hospitality
      $510,000
      Educational
      $505,000
      Residential Income
      $455,000
      Energy
      $530,000
      Income-Based Land
      $440,000
      Food Service
      $440,000

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.115
    Latitude
    36.1694
    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
    $15,276
    $232,960
    $297,287
    $530,247
    -
    $665,600
    $849,391
    $1,514,991

    Comparable in this City

    • Value Estimation
      $1,285,000
      35,040 SF

      1570 Eastern Ave

      GROCERY, SUPERMARKET • 35,040 SF
      1570 Eastern Ave, Las Vegas, NV 89101-1509
      View Details
    • Value Estimation
      $515,000
      2,400 SF

      1592 Eastern Ave

      CONVENIENCE STORE • 2,400 SF
      1592 Eastern Ave, Las Vegas, NV 89101-1509
      View Details
    • Value Estimation
      $340,000
      3,958 SF

      1404 Fremont St

      CONVENIENCE STORE • 3,958 SF
      1404 Fremont St, Las Vegas, NV 89101-5412
      View Details
    • Value Estimation
      $280,000
      3,000 SF

      1215 Stewart Ave

      CONVENIENCE STORE • 3,000 SF
      1215 Stewart Ave, Las Vegas, NV 89101-4305
      View Details
    • Value Estimation
      $520,000
      7,504 SF

      2021 Stewart Ave

      GROCERY, SUPERMARKET • 7,504 SF
      2021 Stewart Ave, Las Vegas, NV 89101-4475
      View Details
    • Value Estimation
      $235,000
      2,908 SF

      1301 Eastern Ave

      CONVENIENCE STORE • 2,908 SF
      1301 Eastern Ave, Las Vegas, NV 89101-1508
      View Details

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      Retail property available for purchase in Las Vegas, Nevada.
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    Similar Nearby for Lease

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      Turn-key retail space suitable for various business concepts.
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    • Contact for pricing
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      Office or retail space in dynamic downtown location.
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    • $2 SF/Yr
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      Retail Space on Maryland Parkway

      Retail space available in high-traffic Las Vegas location.
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      View Details
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    400 Eastern Ave
    Las Vegas, NV 89101-4040
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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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