Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,060,000
Grocery and convenience stores
5325 Decatur Blvd Las Vegas, NV 89118-2210
Trust Owned
1-yr Hold
~
Est. High Equity
Property ID
US62-0347665
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2000
Construction
FRAME
Total area
3,191 SF
Lot
1.03 ac (44,867 SF)
APN
163-25-702-008
UPID
US62-0347665
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
-
ATM Merchant Systems Atm
-
Chevron Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.51M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.06M
Owner & transaction history
Edward J Herbst Trust · 1 yrs held
Edward J Herbst Trust
since 2025
Last sale
$5.6M
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
$6,490,000
ML approach
$6,505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.06M
Range $5.45M – $6.67M · ±10% · vs last sale $5.62M (Dec 13 2021)
Last sale anchor
$5.62M
Dec 13 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
$1,899 / 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
$15,402
Tax year 2023
Assessed value
$641,270
Assessed 2024
Previous assessed
$577,721
+11.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$373,742
Assessed improvement
$267,528
Land market value
$1,067,834
Improvement market value
$764,366
Total market value
$1,832,200
Applied tax rate
417.0000
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
2000
Construction
FRAME
Heating
HEAT PUMP
Buildings
2
Stories
1
Total area
3,191 SF
Lot
1.03 ac (44,867 SF)
APN
163-25-702-008
UPID
US62-0347665
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
2000
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Buildings
2
Lot
1.03 ac
Current owner
From public records · entity-resolved
Edward J Herbst Trust
Trust
Mailing address
5195 LAS VEGAS BLVD S, LAS VEGAS, NV 89119-3209
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2025
—
Jean Ventures LLC
—
Deed
related
$305,000,000 · Capital One NA
Jul 21, 2025
—
Edward J Herbst Trust
Ett I LLC
Bargain & Sale Deed
—
Mar 22, 2022
—
Ett I LLC
Rhino Investments LLC
Re-recorded Document
related
—
Dec 13, 2021
$5,620,020
Ett I LLC
Rhino Investments LLC
Bargain And Sale Deed
$22,575,000 · Canopy Mortgage LLC
Mar 13, 2017
—
Rhino Investments LLC
—
Deed
related
$1,900,000 · Western Alliance Bk
Sep 13, 2016
—
Rhino Investments LLC
—
Deed
related
$5,302,000 · Western Alliance Bk
Sep 9, 1999
$950,000
Rhino Investment LLC
Golshan Trust
Grant Deed
$1,981,000 · Community Bank Nevada
—
—
Rhino Investments LLC
—
Deed Of Trust
related
$400,000 · Atlantic Richfield Co
—
—
Rhino Investments LLC
—
Deed Of Trust
related
$2,500,000 · Western Alliance Bk
—
—
Rhino Investments LLC
—
Deed Of Trust
related
$1,900,000 · Bank Of Nv
—
—
Rhino Investments LLC
—
Loan Modification
related
$1,900,000 · Western Alliance Bk
—
—
Rhino Investments LLC
—
Loan Modification
related
$5,302,000 · Western Alliance Bk
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5325 Decatur Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
