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Property profile & analytics
OFF-MARKET
Strip malls
4211 Sahara Ave Las Vegas, NV 89102-3631
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US62-0022659
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,139 SF
Lot
0.03 ac (1,307 SF)
APN
162-07-510-006
UPID
US62-0022659
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
-
Gal Gift (Bike/Boat/Book/etc) Store
-
Exotic Shoes Clothing & Fashion Store (Bike/Boat/Book/etc) Store
-
Osaka Catering Take-out & Catering Catering Service
-
sweet seduction bikinis Clothing Store
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
Cathy Rong Cheng Watley · 1 yrs held
Cathy Rong Cheng Watley
since 2024
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
$1,253
Tax year 2023
Assessed value
$40,833
Assessed 2024
Previous assessed
$38,717
+5.5% YoY
Effective rate
3.07%
On assessed value
Assessed land
$19,391
Assessed improvement
$21,442
Land market value
$55,403
Improvement market value
$61,263
Total market value
$116,666
Applied tax rate
213.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Units
1
Total area
1,139 SF
Lot
0.03 ac (1,307 SF)
APN
162-07-510-006
UPID
US62-0022659
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
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Units
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Cathy Rong Cheng Watley
Individual
Free & Clear · 1 yrs held
Mailing address
4720 VINCENT HL CT, NORTH LAS VEGAS, NV 89031-2571
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2024
$375,000
Cathy Rong Cheng Watley
Sau 4 LLC
Bargain & Sale Deed
—
Aug 14, 2024
—
Fernando Tellez Vicke
Fernando Tellez Cuevas
Deed
related
—
Oct 17, 2023
—
Fernando Tellez Cuevas
Fernando Tellez Vicke
Quitclaim Deed
related
—
Jul 19, 2023
—
Fernando Tellez Vicke
Fernando Tellez Cuevas
Quitclaim Deed
related
—
Feb 12, 2021
$220,000
Le Giraffe LLC
Elie Elhajj
Bargain & Sale Deed
—
Feb 10, 2020
$230,000
Fernando T Cuevas
Rgr Investors LLC
Grant Deed
—
Feb 10, 2020
—
Fernando T Cuevas
Martha V Rosas
Quitclaim Deed
related
—
Jul 24, 2019
—
Elie Elhajj
Jounni Elhajj 2017 Trust
Quitclaim Deed
related
—
Mar 18, 2019
—
Sy 226 LLC
Qingwen Wu LLC
Correction Deed
related
—
Dec 11, 2018
—
Sy 226 LLC
Qingwen Wu LLC
Grant Deed
related
—
Oct 4, 2017
—
Osaka Catering INC
—
Deed
related
$196,000 · Bank Of America
Jul 21, 2017
$227,500
Gene Nakanishi
Hwang,pao H
Grant Deed
—
Jul 21, 2017
—
Pao H Hwang
Hwang,frank S
Quitclaim Deed
related
—
May 30, 2017
$242,500
Qingwen Wu LLC
Hopkins,daniel B & Diana J
Grant Deed
—
Mar 14, 2017
—
Jounni,elhajj 2017 Trust
Elhajj,elie
Quitclaim Deed
related
—
Jun 2, 2016
—
Pao H Hwang
Hwang,frank S
Quitclaim Deed
related
—
Jul 1, 2005
$302,500
Daniel B Hopkins
Town Building Corp
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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