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Property profile & analytics
OFF-MARKET
Bars & Pubs
4090 Las Vegas N Blvd Las Vegas, NV 89115-1512
Trust Owned
2-yr Hold
Free & Clear
Property ID
US62-0956782
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,146 SF
Lot
0.29 ac (12,632 SF)
APN
140-05-803-004
UPID
US62-0956782
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
-
Garcia Auto Maintenance Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Garcia Family Living Trust · 2 yrs held
Garcia Family Living Trust
since 2023
Last sale
$206,000
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,242
Tax year 2023
Assessed value
$68,362
Assessed 2024
Previous assessed
$62,867
+8.7% YoY
Effective rate
3.28%
On assessed value
Assessed land
$38,111
Assessed improvement
$30,251
Land market value
$108,889
Improvement market value
$86,431
Total market value
$195,320
Applied tax rate
340.0000
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
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
Off-Market
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Total area
2,146 SF
Lot
0.29 ac (12,632 SF)
APN
140-05-803-004
UPID
US62-0956782
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
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Garcia Family Living Trust
Trust
Free & Clear · 2 yrs held
Mailing address
3606 ROCHESTER AVE, LAS VEGAS, NV 89115-0228
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 11, 2023
—
Garcia Family Living Trust
Mauro Garcia
Intrafamily Transfer
related
—
May 17, 2018
—
Mauro Garcia
Garcia-corona,epifanio
Quit Claim Deed
related
—
Apr 19, 2017
—
Mauro Garcia
Garcia-corona,epifanio
Quit Claim Deed
related
—
Jun 21, 2013
$206,000
Epifanio Garcia-corona
Denver House Rentals LLC
Grant Deed
$161,000 · Denver House Rentals LLC
Apr 13, 2010
$90,000
Denver House Rentals LLC
Bayview Ln Svcg LLC
Grant Deed
—
Jun 4, 2008
—
Bayview Loan Servicing LLC
Northwest Trustee Svcs INC
Trustees Deed
related
—
Apr 6, 2007
$173,006
Wim INC
Azevedo,robert
Grant Deed
—
Jun 21, 2004
$316,000
Robert R Azevedo
Wim INC
Grant Deed
$189,600 · Interbay Funding LLC
Nov 2, 2001
$300,000
Wim INC
Shehadeh,mohammed S
Grant Deed
—
Jun 17, 1994
$135,000
Mohammed S Shehadeh
Patel,harischand
Grant Deed
$100,004 · Seller
—
—
Mohammed S Shehadeh
—
Deed Of Trust
related
$45,000 · Individual
—
—
Robert Azevedo
—
Deed Of Trust
related
$279,150 · Wim INC
—
—
Ran Enterprises INC
—
Deed Of Trust
related
$279,150 · Wim INC
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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