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Property profile & analytics
OFF-MARKET
Estimated value
$3,175,000
Strip malls
4921 Craig Rd Las Vegas, NV 89130-2730
Entity Owned
5-yr Hold
Free & Clear
Property ID
US62-0319129
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,400 SF
Lot
1.1 ac (47,916 SF)
APN
138-01-712-002
UPID
US62-0319129
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
-
Tara Jacquet: Allstate Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.20M
CAP Approach
CAP
$4.24M
Comparable Approach
Comparable
$4.00M
Blend (final)
Blend
$3.18M
Owner & transaction history
Jarm One A Nv LLC · 5 yrs held
Jarm One A Nv LLC
since 2021
Last sale
$2.8M
5 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
$3,175,000
ML approach
$3,195,000
CAP Approach
CAP Return
Estimation
6%
$4,595,000
6.5%
$4,240,000
7%
$3,940,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,950,000
Current use
RETAIL STORES
$4,260,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$3.18M
Range $2.86M – $3.49M · ±10% · vs last sale $2.75M (Jul 27 2021)
Last sale anchor
$2.75M
Jul 27 2021
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
$279 / 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
$16,018
Tax year 2023
Assessed value
$598,749
Assessed 2024
Previous assessed
$564,557
+6.1% YoY
Effective rate
2.68%
On assessed value
Assessed land
$251,559
Assessed improvement
$347,190
Land market value
$718,740
Improvement market value
$991,971
Total market value
$1,710,711
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Total area
11,400 SF
Lot
1.1 ac (47,916 SF)
APN
138-01-712-002
UPID
US62-0319129
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$5.0M
RETAIL STORES
Est. value
$4.3M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
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
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
Jarm One A Nv LLC
Entity
Free & Clear · 5 yrs held
Mailing address
PO BOX 531461, HENDERSON, NV 89053-1461
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2021
—
Jarm One A Nv LLC
—
Deed
related
$1,430,000 · Us Bank NA
Jul 27, 2021
—
Jarm One A Nv LLC
Jarm One LLC
Intrafamily Transfer
related
—
Mar 29, 2016
$2,750,000
Jarm One LLC
Professional Properties Of Las Vega
Bargain And Sale Deed
$1,625,000 · Wells Fargo Bank NA
Jun 9, 2015
$1,548,750
Professional Properties Of Las
Us Bank NA 2006-pwr12
Grant Deed
—
May 27, 2004
$4,325,000
Susa Properties LLC
North Ranch Parkway LLC
Grant Deed
$3,535,000 · Valley 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.
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