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Property profile & analytics
OFF-MARKET
Estimated value
$4,210,000
Grocery and convenience stores
5118 Lk Mead Blvd Las Vegas, NV 89156-6714
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US62-0192778
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1966
Construction
METAL FRAME
Total area
2,250 SF
Lot
0.5 ac (21,780 SF)
APN
140-21-201-008
UPID
US62-0192778
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
-
Coyote Corner Car Wash
-
76 Gas Station
-
ATM (Coyote Stations Inc) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.57M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.21M
Owner & transaction history
Singh Petroleum Corp · 5 yrs held
Singh Petroleum Corp
since 2020
Last sale
$3.9M
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
$4,465,000
ML approach
$4,570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.21M
Range $3.79M – $4.63M · ±10% · vs last sale $3.90M (Oct 7 2020)
Last sale anchor
$3.90M
Oct 7 2020
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
$1,871 / 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
$4,422
Tax year 2023
Assessed value
$196,663
Assessed 2024
Previous assessed
$179,305
+9.7% YoY
Effective rate
2.25%
On assessed value
Assessed land
$121,968
Assessed improvement
$74,695
Land market value
$348,480
Improvement market value
$213,414
Total market value
$561,894
Applied tax rate
340.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1966
Construction
METAL FRAME
Heating
HEAT PUMP
Stories
1
Total area
2,250 SF
Lot
0.5 ac (21,780 SF)
APN
140-21-201-008
UPID
US62-0192778
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
1966
Construction
METAL FRAME
Heating
HEAT PUMP
Stories
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Singh Petroleum Corp
Entity
Mailing address
4975 MTN CRK DR, LAS VEGAS, NV 89148-1432
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2025
—
Sirigh Petroleum Corp
—
Deed
related
$1,290,000 · Jackson Food Stores INC
Oct 7, 2020
$3,900,000
Singh Petroleum Corp
Delamar LLC
Bargain And Sale Deed
$3,450,000 · First Security Bank Of Nevada
May 11, 2017
—
Delamar LLC
—
Deed
related
$611,000 · Bank Of America
Oct 27, 1999
$645,000
Delamar
Equilon Enterprises LLC
Grant Deed
$392,690 · Bank Of America Fsb
Jun 29, 1998
$264,500
Equilon Enterprises LLC
Texaco Roofing & Marketing INC
Grant Deed
—
Nov 1, 1988
$339,000
Texaco Refining & Marketing INC
Unknown
Grant Deed
—
—
—
Delamar
—
Deed Of Trust
related
$786,250 · First Commerce Bank
—
—
Delamar LLC
—
Deed Of Trust
related
$611,000 · Bank Of America
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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