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Property profile & analytics
OFF-MARKET
Estimated value
$2,205,000
Strip malls
5725 Losee Rd North Las Vegas, NV 89081-2517
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US62-0494449
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Construction
FRAME
Total area
12,303 SF
Lot
1.44 ac (62,726 SF)
APN
124-26-816-003
UPID
US62-0494449
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
-
Wingstop Restaurant
-
Roberto's Taco Shop Restaurant
-
Thighstop Restaurant
-
CoinFlip Bitcoin ATM Currency Exchange Service Investment Service
-
Boost Mobile Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.62M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.21M
Owner & transaction history
Hbk Plaza LLC · 7 yrs held
Hbk Plaza LLC
since 2019
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 North Las Vegas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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%
$2,835,000
6.5%
$2,615,000
7%
$2,430,000
Blend value · Realmo final
$2.21M
Range $1.98M – $2.43M · ±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
$179 / 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
$19,036
Tax year 2023
Assessed value
$767,295
Assessed 2024
Previous assessed
$632,179
+21.4% YoY
Effective rate
2.48%
On assessed value
Assessed land
$351,266
Assessed improvement
$416,029
Land market value
$1,003,617
Improvement market value
$1,188,654
Total market value
$2,192,271
Applied tax rate
254.0000
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
2008
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
12,303 SF
Lot
1.44 ac (62,726 SF)
APN
124-26-816-003
UPID
US62-0494449
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
2008
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
1.44 ac
Current owner
From public records · entity-resolved
Hbk Plaza LLC
Entity
Mailing address
PO BOX 812, TORRANCE, CA 90508-0812
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2024
—
Hbk Plaza LLC
—
Deed
related
$1,998,000 · Open Bank
Jul 6, 2022
—
Hbk Plaza LLC
—
Deed
related
$2,115,000 · The Bruce W Herren Trust
Feb 8, 2019
$3,925,000
Hbk Plaza LLC
Nottingham Gardens LLC
Bargain And Sale Deed
$2,160,000 · Royal Business Bank
Mar 28, 2016
—
Nottingham Gardens LLC
Losee Marketplace LLC
Grant Deed
related
—
Dec 31, 2015
$3,250,000
Nottingham Gardens LLC
Losee Marketplace LLC
Bargain And Sale Deed
—
May 17, 2013
$3,569,140
Losee Marketplace LLC
Ann Losee Pad LLC
Deed In Lieu Of Foreclosure
related
—
—
—
Nottingham Gardens LLC
—
Deed Of Trust
related
$2,437,500 · Meadows Bk
—
—
Losee Marketplace LLC
—
Deed Of Trust
related
$1,450,000 · First Security 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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