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Property profile & analytics
OFF-MARKET
Auto shops
500 Buffalo Dr Las Vegas, NV 89145-5516
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US62-0066261
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,146 SF
Lot
0.8 ac (34,848 SF)
APN
138-34-301-002
UPID
US62-0066261
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
-
Watermill Express Big Box & Wholesale Store
-
Car Wash Car Wash
-
Posh Auto Styling Car Wash
-
Damasco Auto Glass Auto Repair Shop (Bike/Boat/Book/etc) Store
-
Meineke Car Care Center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Standard Ins Co · 6 yrs held
Standard Ins Co
since 2019
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
—
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
$10,161
Tax year 2023
Assessed value
$384,815
Assessed 2024
Previous assessed
$317,222
+21.3% YoY
Effective rate
2.64%
On assessed value
Assessed land
$146,362
Assessed improvement
$238,453
Land market value
$418,177
Improvement market value
$681,294
Total market value
$1,099,471
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Total area
8,146 SF
Lot
0.8 ac (34,848 SF)
APN
138-34-301-002
UPID
US62-0066261
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
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
Standard Ins Co
Entity
Mailing address
500 S BUFFALO DR, LAS VEGAS, NV 89145-5516
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2019
—
Standard Ins Co
Robbie Auto
Grant Deed
related
$4,250,000 · Miscellaneous Ins Co
Oct 10, 2005
—
Robbie Auto
Handal,robert W
Grant Deed
related
—
Jun 27, 2005
$280,250
Robbie Auto
Handal,robert W
Grant Deed
$1,485,000 · Zions First National Bank
Mar 12, 2003
$1,950,000
Robert W Handal
Capizzi,vincent J & Anne G
Grant Deed
$1,070,000 · Vincent J & Anne G Capizzi
Oct 23, 2000
$1,785,000
Vincent J Capizzi
Buffalo Alta Associates INC
Grant Deed
$1,070,000 · Boston Mutual Life Insurance
May 22, 2000
—
Buffalo/alta Associates INC
—
Deed Of Trust
related
$3,500,000 · Wells Fargo Bank
Jan 2, 1997
$315,000
Buffalo/alta Assoc INC
Slate Investments Ltd Ptshp
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.
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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