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Property profile & analytics
FOR SALE
Auto shops
4333 West Tropicana Ave Las Vegas, NV 89118
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US62-0358317
No photos on file
For Sale
$7,750,000
4333 West Tropicana Ave, Las Vegas, NV 89118
View Listing →
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
15,600 SF
Lot
0.78 ac (33,977 SF)
APN
162-30-501-013
UPID
US62-0358317
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$825k
Blend (final)
Blend
$680k
Owner & transaction history
4333 W Tropicana Avenue LLC · 9 yrs held
4333 W Tropicana Avenue LLC
since 2016
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
Method
Estimation
Statistic approach
by Request
ML approach
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$680k
Range $612k – $748k · ±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
$44 / 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
$12,371
Tax year 2023
Assessed value
$468,534
Assessed 2024
Previous assessed
$425,396
+10.1% YoY
Effective rate
2.64%
On assessed value
Assessed land
$176,833
Assessed improvement
$291,701
Land market value
$505,237
Improvement market value
$833,431
Total market value
$1,338,668
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Sale
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Total area
15,600 SF
Lot
0.78 ac (33,977 SF)
APN
162-30-501-013
UPID
US62-0358317
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
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.78 ac
Current owner
From public records · entity-resolved
4333 W Tropicana Avenue LLC
Entity
Mailing address
6280 S VLY VW BLVD STE #106, LAS VEGAS, NV 89118-3814
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2025
—
4333 W Tropicana Avenue LLC
—
Deed
related
$1,660,000 · Prime Source Commercial
May 16, 2023
—
4333 W Tropicana Avenue LLC
—
Deed
related
$2,787,782 · Glenn M Cole
Apr 6, 2022
—
4333 W Tropicana Avenue LLC
—
Deed
related
$3,000,000 · Nv Liquidity Partners LLC
Feb 7, 2020
—
4333 W Tropicana Avenue LLC
—
Deed
related
$1,600,000 · Prime Source Com'l
Nov 1, 2016
$2,100,000
4333 W Tropicana Avenue LLC
Southwest Businee Centers LLC
Grant Deed
$1,000,000 · Prime Source Commercial
Dec 27, 1996
—
Bell Building Partners LLC
Desert Creek Capital Corp
Quit Claim Deed
related
$648,750 · First Security Bank Nevada
Nov 22, 1996
$865,000
Desert Creek Capital Corp
P A R Investments
Quit Claim Deed
related
$648,750 · Seller
Nov 21, 1996
—
P A R Investments
Sealy,a B
Quit Claim Deed
related
—
—
—
4333 W Tropicana Avenue LLC
—
Deed Of Trust
related
$1,600,000 · Prime Source Com'l
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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