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Property profile & analytics
OFF-MARKET
Estimated value
$60,950,000
Retail space
5660 Badura Ave Las Vegas, NV 89118-4712
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US62-0701047
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2021
Construction
CONCRETE
Total area
235,000 SF
Lot
37.64 ac (1,639,598 SF)
APN
176-01-201-020
UPID
US62-0701047
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$81.62M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$60.95M
Owner & transaction history
Db Sunshine Mezz A LLC · 2 yrs held
Db Sunshine Mezz A LLC
since 2024
3 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$88,420,000
6.5%
$81,620,000
7%
$75,790,000
Alternative Use
Use
Estimation
RETAIL STORES
$87,855,000
Current use
INDUSTRIAL (GENERAL)
$74,760,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$60.95M
Range $54.86M – $67.05M · ±10%
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
$259 / 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
$969,648
Tax year 2023
Assessed value
$39,737,250
Assessed 2024
Previous assessed
$35,448,036
+12.1% YoY
Effective rate
2.44%
On assessed value
Assessed land
$10,099,924
Assessed improvement
$29,637,326
Land market value
$28,856,926
Improvement market value
$84,678,074
Total market value
$113,535,000
Applied tax rate
635.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2021
Construction
CONCRETE
Heating
YES
Stories
1
Total area
235,000 SF
Lot
37.64 ac (1,639,598 SF)
APN
176-01-201-020
UPID
US62-0701047
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$87.9M
INDUSTRIAL (GENERAL)
Est. value
$74.8M
RETAIL STORES Current
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2021
Construction
CONCRETE
Heating
YES
Stories
1
Lot
37.64 ac
Current owner
From public records · entity-resolved
Db Sunshine Mezz A LLC
Entity
Mailing address
7135 S DECATUR BLVD, LAS VEGAS, NV 89118-4376
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2024
—
Db Sunshine Mezz A LLC
Nv Las Nap 14 16 LLC
Bargain And Sale Deed
$150,000,000 · Us Bank Trust Co NA
Dec 6, 2022
$32,661,000
Nv Las Nap 14 16 LLC
Beltway Business Park LLC
Bargain And Sale Deed
—
Dec 2, 2021
$205,000,000
Beltway Business Park LLC
County Of Clark
Quit Claim Deed
related
—
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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