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Property profile & analytics
OFF-MARKET
Estimated value
$2,800,000
Drug stores
4470 Bonanza Rd Las Vegas, NV 89110-6330
Individually Owned
1-yr Hold
Free & Clear
Property ID
US62-0236562
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
1998
Construction
FRAME
Total area
13,777 SF
Lot
2.38 ac (103,673 SF)
APN
140-29-401-004
UPID
US62-0236562
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
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
ATM Walgreens Store 4086 Bank Loan Service
-
FedEx OnSite Postal Service Courier Service
-
COVID-19 Drive-Thru Testing at Walgreens Medical Laboratory
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.80M
CAP Approach
CAP
$3.02M
Comparable Approach
Comparable
$2.12M
Blend (final)
Blend
$2.80M
Owner & transaction history
Hilarie D Grossman Moran · 1 yrs held
Hilarie D Grossman Moran
since 2025
Last sale
$2.8M
4 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
$2,800,000
ML approach
$2,800,000
CAP Approach
CAP Return
Estimation
6%
$3,265,000
6.5%
$3,015,000
7%
$2,800,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,170,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$2.80M
Range $2.52M – $3.08M · ±10% · vs last sale $2.80M (Dec 4 2024)
Last sale anchor
$2.80M
Dec 4 2024
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
$203 / 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
$20,699
Tax year 2023
Assessed value
$1,026,761
Assessed 2024
Previous assessed
$919,226
+11.7% YoY
Effective rate
2.02%
On assessed value
Assessed land
$290,284
Assessed improvement
$736,477
Land market value
$829,383
Improvement market value
$2,104,220
Total market value
$2,933,603
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
1998
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Total area
13,777 SF
Lot
2.38 ac (103,673 SF)
APN
140-29-401-004
UPID
US62-0236562
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
OFFICE BUILDING
Est. value
$4.2M
OFFICE BUILDING
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
1998
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Lot
2.38 ac
Current owner
From public records · entity-resolved
Hilarie D Grossman Moran
Individual
Free & Clear · 1 yrs held
Mailing address
PO BOX 1159, DEERFIELD, IL 60015-6002
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2025
—
Hilarie D Grossman Moran
Hilarie D Moran
Deed
related
—
Dec 4, 2024
—
Hilarie D Grossman Moran
Hilarie D Moran
Deed
related
—
Dec 2, 2024
—
Hilarie D Grossman Moran
Hilarie D Moran
Deed
related
—
May 1, 1998
$2,800,000
Grossman Trust
Bonaza/lamb Partners Ltd
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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