New search
Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Auto shops
4530 Polaris Ave Las Vegas, NV 89103-5613
Entity Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US62-1233524
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1986
Construction
STEEL FRAME
Total area
5,605 SF
Lot
1.31 ac (57,064 SF)
APN
162-20-302-001
UPID
US62-1233524
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
-
Ryder Truck Rental Car Rental Facility
-
EA Sween distribution Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$605k
Owner & transaction history
Cv Propco LLC · 18 yrs held
Cv Propco LLC
since 2008
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
$108 / 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
$12,769
Tax year 2023
Assessed value
$482,694
Assessed 2024
Previous assessed
$440,138
+9.7% YoY
Effective rate
2.65%
On assessed value
Assessed land
$239,669
Assessed improvement
$243,025
Land market value
$684,769
Improvement market value
$694,357
Total market value
$1,379,126
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
Off-Market
Year built
1986
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Total area
5,605 SF
Lot
1.31 ac (57,064 SF)
APN
162-20-302-001
UPID
US62-1233524
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
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Lot
1.31 ac
Current owner
From public records · entity-resolved
Cv Propco LLC
Entity
Free & Clear · 18 yrs held
Mailing address
1505 S PAVILION CTR DR, LAS VEGAS, NV 89135-1403
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
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
Apr 16, 2020
—
Cv Propco LLC
—
Deed
related
—
Jul 29, 2019
—
Cv Propco LLC
—
Loan Modification
related
$115,000,000 · Deutsche Bk Ag Cayman Iss Br
Nov 20, 2017
—
Cv Propco LLC
—
Loan Modification
related
—
Jul 25, 2017
—
Cv Propco LLC
—
Grant Deed
related
—
Jul 18, 2016
—
Cv Propco LLC
—
Deed
related
$105,000,000 · Deutsche Bk Ag Cayman Iss Br
Jun 17, 2011
—
Cv Propco LLC
—
Deed Of Trust
related
$105,000,000 · Deutsche Bank Ag Cayman Iss Br
Jun 30, 2008
—
Cv Propco LLC
Cv Holdco LLC
Grant Deed
—
Sep 17, 2007
$11,465,000
Tropicana Acquisitions LLC
Ryder Truck Rental INC
Grant Deed
—
—
—
Cv Propco LLC
—
Loan Modification
related
—
—
—
Cv Propco LLC
—
Loan Modification
related
$105,000,000 · Deutsche Bk Ag Cayman Iss Br
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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