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Property profile & analytics
OFF-MARKET
Estimated value
$1,565,000
Retail space
4700 Maryland Pkwy Las Vegas, NV 89119-7660
Individually Owned
3-yr Hold
Free & Clear
Property ID
US62-0006415
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2018
Construction
CONCRETE
Total area
6,662 SF
Lot
0.5 ac (21,728 SF)
APN
162-23-420-001
UPID
US62-0006415
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
-
Crumbl - UNLV Bakery Specialty Food Shop
-
The yoU Real Estate Agency
-
The Nevada Institute for Children's Research and Policy Charitable Organization Social Service Agency
-
7-Eleven Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.57M
Owner & transaction history
Board Of Regents Of Nv System Of Hi · 3 yrs held
Board Of Regents Of Nv System Of Hi
since 2023
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,490,000
Current use
Blend value · Realmo final
$1.57M
Range $1.41M – $1.72M · ±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
$235 / 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
$8,735
Tax year 2023
Assessed value
$347,229
Assessed 2024
Previous assessed
$303,598
+14.4% YoY
Effective rate
2.52%
On assessed value
Assessed land
$18,346
Assessed improvement
$328,883
Land market value
$52,417
Improvement market value
$939,666
Total market value
$992,083
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2018
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Total area
6,662 SF
Lot
0.5 ac (21,728 SF)
APN
162-23-420-001
UPID
US62-0006415
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
RETAIL STORES Current
Est. value
$2.5M
RETAIL STORES Current
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
2018
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Board Of Regents Of Nv System Of Hi
Individual
Free & Clear · 3 yrs held
Mailing address
4505 S MARYLAND PKWY, LAS VEGAS, NV 89154-9900
Ownership since
2023
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
May 16, 2023
—
Board Of Regents Of Nv System Of Hi
G2 4700 LLC
Bargain And Sale Deed
—
Oct 4, 2022
—
G2 4700 LLC
G2 Ug LLC
Intrafamily Transfer
related
—
May 17, 2021
—
G2 Ug LLC
—
Deed
related
$39,000,000 · America First FCU
Dec 30, 2019
—
G2-ug LLC
—
Loan Modification
related
$34,762,500 · Mosaic Unlv Gateway LLC
Dec 11, 2019
—
G2-ug LLC
—
Deed
related
$5,000,000 · Mountain W Debt Fund
Dec 17, 2015
$7,018,236
G2 Gateway LLC
New Town Md LLC
Grant Deed
$23,693,610 · Private Individual
Sep 22, 2004
—
College Town I & II LLC
Matthew,arvin
Grant Deed
$5,250,000 · First Republic Bk
—
—
New Town Md LLC
—
Deed Of Trust
related
$153,636 · Mw Equity Fund I LP
—
—
G2-ug LLC
—
Deed Of Trust
related
$5,000,000 · Mountain W Debt Fund
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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