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Property profile & analytics
OFF-MARKET
Estimated value
$2,560,000
Grocery and convenience stores
4150 Durango Dr Las Vegas, NV 89147-8600
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US62-0422742
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1996
Construction
FRAME
Total area
4,054 SF
Lot
0.87 ac (37,897 SF)
APN
163-21-101-039
UPID
US62-0422742
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
-
ATM Grocery & Convenience Store Food Market
-
Hilt Bitcoin ATM Las Vegas Atm
-
Western Union Bank Credit Union
-
Phantom Fireworks Stand Discount Store Party Supply Store
-
Chevron Las Vegas Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.41M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.56M
Owner & transaction history
Wilshire Partners INC · 2 yrs held
Wilshire Partners INC
since 2023
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.6M
+45.7%
Auto repair, garage
$2.3M
+27.9%
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
$2,515,000
ML approach
$2,410,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,760,000
Current use
COMMERCIAL (GENERAL)
$2,565,000
Change: +46% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,250,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$2.56M
Range $2.30M – $2.82M · ±10% · vs last sale $2.66M (Nov 30 2023)
Last sale anchor
$2.66M
Nov 30 2023
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
$631 / 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
$14,655
Tax year 2023
Assessed value
$605,020
Assessed 2024
Previous assessed
$544,240
+11.2% YoY
Effective rate
2.42%
On assessed value
Assessed land
$364,759
Assessed improvement
$240,261
Land market value
$1,042,169
Improvement market value
$686,460
Total market value
$1,728,629
Applied tax rate
417.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1996
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Total area
4,054 SF
Lot
0.87 ac (37,897 SF)
APN
163-21-101-039
UPID
US62-0422742
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.3M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1996
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Lot
0.87 ac
Current owner
From public records · entity-resolved
Wilshire Partners INC
Entity
Mailing address
1740 GREVELIA ST APT A, SOUTH PASADENA, CA 91030-2735
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2025
—
Terrible Herbst INC
—
Deed
related
$1,600,000 · Capital One NA
Nov 30, 2023
—
Wilshire Partners INC
Wilshire Partners INC
Intrafamily Transfer
related
$1,350,000 · Standard Insurance Co
Apr 2, 2021
—
Herbst Development LLC
—
Deed
related
$64,483,250 · Western Alliance Bank
Jul 24, 2020
—
Herbst Hc LLC
—
Deed
related
$35,729,000 · Western Alliance Bk
Dec 22, 2017
—
Herbst Hc LLC
—
Grant Deed
related
$187,733,000 · Western Alliance Bk
May 29, 2013
$2,659,299
Timothy Hopkins
E-t-t Service Stations LLC
Grant Deed
$1,861,000 · Bbu Bank
Dec 1, 2000
$3,701,500
E-t-t Service Stations LLC
Ssp Silverado LP
Trustees Deed
$14,400,000 · General Electric Capital Corp
Dec 1, 2000
$1,358,500
E-t-t Service Stations LLC
R & Bs Squared LLC
Trustees Deed
—
—
—
E-t-t Service Stations LLC
—
Deed Of Trust
related
$14,400,000 · Cef Fndg LLC
—
—
Herbst Hc LLC
—
Deed Of Trust
related
$35,729,000 · Western Alliance Bk
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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