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Property profile & analytics
FOR LEASE
Retail space
4343 N Rancho Dr Las Vegas, NV 89130
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-0264278
For Lease
1 / 56
$15 SF/Yr
4343 N Rancho Dr, Las Vegas, NV 89130
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1996
Construction
FRAME
Total area
62,663 SF
Lot
2.9 ac (126,324 SF)
APN
138-02-701-004
UPID
US62-0264278
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.53M
Owner & transaction history
Royal Investors Group LLC · 9 yrs held
Royal Investors Group LLC
since 2017
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
$168 / 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
$67,300
Tax year 2023
Assessed value
$2,735,975
Assessed 2024
Previous assessed
$2,558,040
+7.0% YoY
Effective rate
2.46%
On assessed value
Assessed land
$464,241
Assessed improvement
$2,271,734
Land market value
$1,326,403
Improvement market value
$6,490,669
Total market value
$7,817,072
Applied tax rate
200.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1996
Construction
FRAME
Heating
HEAT PUMP
Stories
2
Total area
62,663 SF
Lot
2.9 ac (126,324 SF)
APN
138-02-701-004
UPID
US62-0264278
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
1996
Construction
FRAME
Heating
HEAT PUMP
Stories
2
Lot
2.9 ac
Current owner
From public records · entity-resolved
Royal Investors Group LLC
Entity
Mailing address
15821 VENTURA BLVD STE #460, ENCINO, CA 91436-4778
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Jun 24, 2022
—
Shayan Capital LLC
—
Deed
related
$3,400,000 · Valley Bank Of Nevada
Apr 3, 2017
$5,850,000
Royal Investors Group LLC
4343 N Rancho Drive LLC
Grant Deed
related
$1,500,000 · Other Institutional Lenders
Aug 4, 2010
$11,625,000
4343 N Rancho Drive LLC
Apartment One LLC
Deed In Lieu Of Foreclosure
—
Feb 15, 2008
$14,500,000
Apartment One LLC
Sy Holdings 1 LLC
Grant Deed
—
Dec 27, 2007
—
Sy Holdings I LLC
Sy Holdings I LLC
Quit Claim Deed
$11,625,000 · Nevada State Bank
Jan 24, 2007
$12,400,000
Sy Holdings I LLC
Kmc II LLC
Grant Deed
—
May 13, 2002
$11,650,000
Kmc II LLC
Lido Development Corp
Grant Deed
—
Dec 11, 1997
—
Lido Development Corp
Lido Development Corp
Quit Claim Deed
related
$7,000,000 · Collateral Mortgage Ltd
Mar 31, 1995
—
Lido Ddevelopment Corp
—
Grant Deed
related
$4,300,000 · Cathay 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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