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Property profile & analytics
OFF-MARKET
Estimated value
$1,145,000
Strip malls
4220 Craig Rd North Las Vegas, NV 89032-2736
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US62-1277373
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2001
Construction
FRAME
Total area
6,784 SF
Lot
0.45 ac (19,602 SF)
APN
139-06-613-005
UPID
US62-1277373
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
-
Source Academy and Early Learning Center Daycare Center
-
Kimber Wright Foster Care Service Social Service Agency
-
Community Health, Empowerment, and Support Services (C.H.E.S.S) Crisis Center Medical Clinic
-
Affordable Collision Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.45M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.15M
Owner & transaction history
4116 West Craig Road Ll LLC M · 8 yrs held
4116 West Craig Road Ll LLC M
since 2018
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 North Las Vegas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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%
$1,565,000
6.5%
$1,445,000
7%
$1,340,000
Blend value · Realmo final
$1.15M
Range $1.03M – $1.26M · ±10%
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
$169 / 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
$6,543
Tax year 2023
Assessed value
$378,325
Assessed 2024
Previous assessed
$321,906
+17.5% YoY
Effective rate
1.73%
On assessed value
Assessed land
$109,771
Assessed improvement
$268,554
Land market value
$313,631
Improvement market value
$767,297
Total market value
$1,080,928
Applied tax rate
250.0000
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
2001
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Total area
6,784 SF
Lot
0.45 ac (19,602 SF)
APN
139-06-613-005
UPID
US62-1277373
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
2001
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
4116 West Craig Road Ll LLC M
Entity
Mailing address
4116 W CRAIG RD T I C L 3900TH HUALAPAI WAY STE WAY S STE #200, LAS VEGAS, NV 89147
Ownership since
2018
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
May 24, 2019
—
4116 West Craig Road Ll LLC
—
Grant Deed
related
$5,500,000 · City Nat'l Bk
Jun 29, 2018
$9,187,500
4116 West Craig Road Ll LLC M
Marker Craig LLC
Grant Deed
—
Mar 19, 2018
—
Marker Craig LLC
—
Loan Modification
related
$5,823,830 · Thorofare Asset Based Lndg Rei
Jan 23, 2017
—
Marker Craig LLC
—
Grant Deed
related
$5,750,000 · Thorofare Asset Based Lndg Fun
Dec 29, 2014
$8,200,000
Marker Craig LLC
Omninet Craig LLC
Grant Deed
$5,150,000 · Bolour Associates INC
May 25, 2011
$4,350,000
Omninet Craig LLC
Diablo Property Management
Grant Deed
$2,850,000 · Bank Leumi USA
Nov 18, 2005
$1,800,000
Diablo Property Management LLC
330 South Berendo
Quit Claim Deed
related
—
Mar 29, 2005
—
330 S Berendo
4118 Craig Road LLC
Grant Deed
related
—
Oct 7, 2004
$1,800,000
330 South Berendo
4118 Craig Road LLC
Grant Deed
$1,100,000 · 4118 Craig Road
—
—
4118 Craig Road LLC
—
Deed Of Trust
related
$350,000 · Desert Community Bank
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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