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Property profile & analytics
OFF-MARKET
Estimated value
$2,815,000
Retail space
4065 Maryland Pkwy Las Vegas, NV 89119-7755
Entity Owned
~
Est. High Equity
Property ID
US62-0423628
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1998
Construction
FRAME
Total area
6,500 SF
Lot
0.42 ac (18,295 SF)
APN
162-15-812-004
UPID
US62-0423628
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
-
Bitcoin ATM Las Vegas - Coinhub Atm Currency Exchange Service
-
Metro Smoke & Vape Shop (Bike/Boat/Book/etc) Store
-
Five Guys Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.26M
Comparable Approach
Comparable
$2.81M
Blend (final)
Blend
$2.82M
Owner & transaction history
Arts District Residences LLC
Arts District Residences LLC
since 2025
Last sale
$3.1M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.7M
+92.8%
Commercial (general)
$4.1M
+69.2%
Auto repair, garage
$3.6M
+48.6%
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 Las Vegas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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%
$2,445,000
6.5%
$2,260,000
7%
$2,095,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,430,000
Current use
RESTAURANT
$4,685,000
Change: +93% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,110,000
Change: +69% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,610,000
Change: +49% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,070,000
Change: +26% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,820,000
Change: +16% · Conversion: Moderate
Blend value · Realmo final
$2.82M
Range $2.53M – $3.10M · ±10% · vs last sale $3.10M (Dec 24 2025)
Last sale anchor
$3.10M
Dec 24 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
$433 / 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
$7,617
Tax year 2023
Assessed value
$295,283
Assessed 2024
Previous assessed
$261,876
+12.8% YoY
Effective rate
2.58%
On assessed value
Assessed land
$76,839
Assessed improvement
$218,444
Land market value
$219,540
Improvement market value
$624,126
Total market value
$843,666
Applied tax rate
470.0000
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1998
Construction
FRAME
Heating
YES
Stories
1
Total area
6,500 SF
Lot
0.42 ac (18,295 SF)
APN
162-15-812-004
UPID
US62-0423628
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
RETAIL STORES Current
Est. value
$2.4M
RESTAURANT
Est. value
$4.7M
COMMERCIAL (GENERAL)
Est. value
$4.1M
AUTO REPAIR, GARAGE
Est. value
$3.6M
WAREHOUSE, STORAGE
Est. value
$3.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
RETAIL STORES Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1998
Construction
FRAME
Heating
YES
Stories
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Arts District Residences LLC
Entity
Mailing address
PO BOX 218, CRYSTAL BAY, NV 89402-0218
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 24, 2025
$3,100,000
Arts District Residences LLC
Richard J Livoni First Family LP
Bargain & Sale Deed
$2,015,000 · First Savings Bank
Apr 3, 2012
—
Richard J Livoni First Family
Livoni R J Family Trust
Quit Claim Deed
related
—
May 6, 1998
$1,774,500
Richard J Livoni Second Family
Pacific Partnership III
Grant Deed
$370,000 · Seller
Sep 27, 1991
$450,000
Pacific Partnership #iii
Unknown
Grant Deed
—
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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