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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Day care centers
5540 Spg Mtn Rd Las Vegas, NV 89146-8809
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-0153439
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1997
Construction
FRAME
Total area
11,925 SF
Lot
1.06 ac (46,174 SF)
APN
163-13-106-025
UPID
US62-0153439
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
-
新生老年人活动中心 Community Center
-
New Life Adult Day Health Care Center Adult Day Care
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$665k
Owner & transaction history
Hall Property LLC · 17 yrs held
Hall Property LLC
since 2009
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
$56 / 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
$19,161
Tax year 2023
Assessed value
$733,408
Assessed 2024
Previous assessed
$665,911
+10.1% YoY
Effective rate
2.61%
On assessed value
Assessed land
$248,878
Assessed improvement
$484,530
Land market value
$711,080
Improvement market value
$1,384,371
Total market value
$2,095,451
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1997
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Total area
11,925 SF
Lot
1.06 ac (46,174 SF)
APN
163-13-106-025
UPID
US62-0153439
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
1997
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Lot
1.06 ac
Current owner
From public records · entity-resolved
Hall Property LLC
Entity
Mailing address
8956 RAINBOW RDG DR, LAS VEGAS, NV 89117-5816
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2025
—
Hall Property LLC
—
Deed
related
$2,856,000 · American First National Bank
Oct 13, 2020
—
Hall Property LLC
—
Deed
related
$600,000 · American First Nat'l Bk
Oct 8, 2018
—
Hall Property LLC
—
Deed
related
$600,000 · American First Nat'l Bk
Dec 22, 2017
—
Hall Property LLC
—
Deed
related
$250,000 · American First Nat'l Bk
Jul 20, 2017
—
Hall Property
—
Deed
related
$165,000 · American First National Bank
Oct 9, 2009
—
Life Adult Day Health Car New
—
Trustees Deed
related
$1,130,516 · Nevada National Bank
Mar 3, 2009
$2,450,000
Hall Property LLC
Lb Holdings Co LLC
Grant Deed
$1,130,516 · Nevada National Bank
Aug 31, 1999
—
L B Holding LLC
Learning Blocks Pre-school
Quit Claim Deed
related
—
—
—
Life Adult Day Health Car New
—
Deed Of Trust
related
$1,130,516 · Nevada National Bank
—
—
Hall Property LLC
—
Deed Of Trust
related
$977,000 · Nevada State Development Corp
—
—
Hall Property LLC
—
Deed Of Trust
related
$250,000 · American First Nat'l Bk
—
—
Hall Property LLC
—
Loan Modification
related
$600,000 · American First Nat'l Bk
—
—
L B Holding Co LLC
—
Deed Of Trust
related
$1,170,000 · Valley Bank
—
—
Hall Property LLC
—
Loan Modification
related
$600,000 · American First Nat'l 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.
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