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Property profile & analytics
OFF-MARKET
Day care centers
5705 Rainbow Blvd Las Vegas, NV 89130-1230
Trust Owned
9-yr Hold
Property ID
US62-0298516
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1974
Construction
FRAME
Total area
3,560 SF
Lot
0.94 ac (40,946 SF)
APN
125-27-803-004
UPID
US62-0298516
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
-
ampm Grocery & Convenience Store
-
Alamo 100% Hand Car Wash Car Wash
-
ARCO Gas Station
-
Innovation Academy Private School High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bray,david R & Maggie M Trust · 9 yrs held
Bray,david R & Maggie M Trust
since 2017
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
—
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
$10,158
Tax year 2023
Assessed value
$338,191
Assessed 2024
Previous assessed
$313,532
+7.9% YoY
Effective rate
3.00%
On assessed value
Assessed land
$136,145
Assessed improvement
$202,046
Land market value
$388,986
Improvement market value
$577,274
Total market value
$966,260
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1974
Construction
FRAME
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Buildings
4
Stories
1
Rooms
2
Bathrooms
5
Total area
3,560 SF
Lot
0.94 ac (40,946 SF)
APN
125-27-803-004
UPID
US62-0298516
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
1974
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
4
Rooms
2
Bathrooms
5
Lot
0.94 ac
Current owner
From public records · entity-resolved
Bray,david R & Maggie M Trust
Trust
Mailing address
5945 N EL CAPITAN WAY, LAS VEGAS, NV 89149-3345
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2021
—
David R Bray
—
Deed
related
$344,098 · Bank Of The West
Mar 27, 2017
—
Bray,david R & Maggie M Trust
Bray,mary M & David R
Quit Claim Deed
related
—
Nov 19, 2014
$330,000
Mary M Bray
Ccob Family Trust
Grant Deed
$255,000 · Ccob Family Trust (pt)
Aug 20, 2013
—
Ccob Family Trust
Clopot Family Living Trust
Quit Claim Deed
related
—
Jun 8, 2011
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Sep 30, 2005
—
Clopot Family Trust
Clopot,carey
Quit Claim Deed
related
—
Jul 20, 2004
—
Clopot Family Trust
Clopot,ben O & Carey
Quit Claim Deed
related
—
Jun 15, 2001
$122,000
Carey Clopot
Chase Manhatan Bank Trustee
Grant Deed
—
Nov 21, 2000
$135,000
Chase Manhattan Bank Trustee
Rafy,emily
Trustees Deed
related
—
Apr 17, 1997
$180,000
Emil Rafy
Fairchild,leah J & Jerrid J
Grant Deed
$153,000 · Weyerhaeuser Mortgage Co
Jan 4, 1996
$74,000
Jerrid J Fairchild
Fairchild,joseph J
Quit Claim Deed
related
—
—
—
Mary M Bray
—
Deed Of Trust
related
$400,000 · Bank Of The West
—
—
Emil Rafty
—
Deed Of Trust
related
$39,500 · Wausau Mortgage Corp
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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