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Property profile & analytics
OFF-MARKET
Estimated value
$4,100,000
Strip malls
5243 Charleston Blvd Las Vegas, NV 89146-1366
Entity Owned
10-yr Hold
Free & Clear
Property ID
US62-0460473
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
19,670 SF
Lot
2.43 ac (105,851 SF)
APN
163-01-501-007
UPID
US62-0460473
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
-
Gracie Jiu Jitsu Las Vegas Training Center Sports School
-
Ethiopian Believers Covenant Church Church
-
Las Vegas Custom Cakes Bakery Specialty Food 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
$4.10M
Owner & transaction history
Spring Mountain Vegas LLC · 10 yrs held
Spring Mountain Vegas LLC
since 2016
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$208 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$24,851
Tax year 2022
Assessed value
$920,593
Assessed 2023
Previous assessed
$787,577
+16.9% YoY
Effective rate
2.70%
On assessed value
Assessed land
$574,242
Assessed improvement
$346,351
Land market value
$1,640,691
Improvement market value
$989,574
Total market value
$2,630,265
Applied tax rate
213.0000
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
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Buildings
3
Stories
1
Total area
19,670 SF
Lot
2.43 ac (105,851 SF)
APN
163-01-501-007
UPID
US62-0460473
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
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Buildings
3
Lot
2.43 ac
Current owner
From public records · entity-resolved
Spring Mountain Vegas LLC
Entity
Free & Clear · 10 yrs held
Mailing address
5760 SPG MTN RD, LAS VEGAS, NV 89146-8811
Ownership since
2016
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
Jan 8, 2016
$3,300,000
Spring Mountain Vegas LLC
Wilshire Plaza LLC
Grant Deed
—
Apr 21, 2008
—
Wilshire Plaza LLC
Galtar LLC
Grant Deed
—
Jun 8, 2007
$310,000
Galtar LLC
Las Vegas Associates
Grant Deed
—
Nov 18, 2002
—
Las Vegas Associates Gp
Wilshire Plaza Development Co
Grant Deed
related
—
—
—
Galtar LLC
—
Deed Of Trust
related
$2,500,000 · Regal Financial 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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