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Property profile & analytics
OFF-MARKET
Estimated value
$2,920,000
Car washes
5140 Cheyenne Ave Las Vegas, NV 89108-4603
Entity Owned
2-yr Hold
Free & Clear
Property ID
US62-0533725
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2018
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,909 SF
Lot
1.36 ac (59,242 SF)
APN
138-12-801-016
UPID
US62-0533725
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
-
Ultra Clean Express Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.76M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.92M
Blend (final)
Blend
$2.92M
Owner & transaction history
Ultra Clean Leasing LLC · 2 yrs held
Ultra Clean Leasing LLC
since 2023
Last sale
$3.0M
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
$2,865,000
ML approach
$2,760,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.92M
Range $2.63M – $3.21M · ±10% · vs last sale $3.03M (Dec 28 2023)
Last sale anchor
$3.03M
Dec 28 2023
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
$1,530 / 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
$13,174
Tax year 2023
Assessed value
$543,298
Assessed 2024
Previous assessed
$506,558
+7.3% YoY
Effective rate
2.42%
On assessed value
Assessed land
$207,347
Assessed improvement
$335,951
Land market value
$592,420
Improvement market value
$959,860
Total market value
$1,552,280
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
2018
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Total area
1,909 SF
Lot
1.36 ac (59,242 SF)
APN
138-12-801-016
UPID
US62-0533725
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
2018
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Lot
1.36 ac
Current owner
From public records · entity-resolved
Ultra Clean Leasing LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1404 SIERRA CT W, SARTELL, MN 56377-4794
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2023
—
Ultra Clean Leasing LLC
Km Schlangen Properties LLC
Lease
—
Dec 28, 2023
$3,030,303
Km Schlangen Properties LLC
5140 W Cheyenne LLC
Bargain And Sale Deed
$1,700,000 · St Cloud FCU
Jan 17, 2018
—
Comhar Holdings Cheyenne LLC
—
Deed
related
$1,360,000 · First Security Bank Of Nevada
Mar 27, 2017
—
Comhar Holdings Cheyenne LLC
—
Trustees Deed
related
$3,760,000 · First Sec Bk/nv
Feb 24, 2017
—
Comhar Holdings Cheyenne LLC
Comhar Holdings LLC
Quit Claim Deed
related
—
Mar 31, 2016
$950,000
Comhar Holdings LLC
Toloui,hugh H & Flo B
Grant Deed
related
$920,000 · Clearwash Partners LLC
May 17, 2005
$665,000
Hugh H Toloui
Clark County Dev INC
Grant Deed
—
Dec 28, 2004
$500,000
Clark County Dev INC
Nooner,steven L & Valerie A
Grant Deed
$125,000 · Steven L & Valerie A Nooner
Jan 23, 2002
$150,773
Steven L Nooner
National Title Insurance Co
Trustees Deed
—
May 25, 2001
—
Fort Lewis Development
Oazi,masud U
Quit Claim Deed
related
—
Nov 30, 1998
$695,000
Masud U Qazi
Rancho Cheyenne LLC
Grant Deed
$320,000 · Del Mar Funding INC
Sep 5, 1997
$775,000
Rancho Cheyenne LLC
Kellogg Trust
Grant Deed
—
—
—
Masud U Qazi
—
Deed Of Trust
related
$125,000 · Nevada State Bank Trustee
—
—
Masud U Qazi
—
Deed Of Trust
related
$375,000 · Allstate Mortgage
—
—
Masud U Qazi
—
Deed Of Trust
related
$250,000 · Business Bank Of Nevada
—
—
Comhar Holdings Cheyenne LLC
—
Deed Of Trust
related
$1,360,000 · First Sec Bk/nv
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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