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    Property profile & analytics

    5775 Polaris Ave Las Vegas, NV 89118-3139

    • Grocery and convenience stores
    • 5,847 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $420,000
    Last Sale
    Sep 17, 2024
    Location Intelligence
    Property ID
    US62-0468771
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hyve / Corporate Office

    Property Details for 5775 Polaris Ave

    Year built
    1998
    Construction
    CONCRETE
    Lot size
    1.00 lot acres
    Property size
    5,847 SF
    Property type
    Grocery and convenience stores
    APN
    162-32-101-007
    APU
    16232101007

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.186
    Latitude
    36.0857
    CBSA code
    29820
    CBSA name
    LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,989
    $452,806
    $213,884
    $666,690
    -
    $1,293,731
    $611,097
    $1,904,828

    Comparable in this City

    • Value Estimation by Request
      3,633 SF

      4880 Russell Rd

      CONVENIENCE STORE • 3,633 SF
      4880 Russell Rd, Las Vegas, NV 89118-2230
      View Details
    • Value Estimation
      $1,430,000
      3,193 SF

      6460 Decatur Blvd

      CONVENIENCE STORE • 3,193 SF
      6460 Decatur Blvd, Las Vegas, NV 89118-4332
      View Details
    • Value Estimation
      $1,320,000
      3,045 SF

      6510 Rainbow Blvd

      CONVENIENCE STORE • 3,045 SF
      6510 Rainbow Blvd, Las Vegas, NV 89118-3322
      View Details
    • Value Estimation
      $600,000
      3,640 SF

      4885 Russell Rd

      CONVENIENCE STORE • 3,640 SF
      4885 Russell Rd, Las Vegas, NV 89118-2232
      View Details
    • Value Estimation
      $650,000
      4,990 SF

      5280 Decatur Blvd

      CONVENIENCE STORE • 4,990 SF
      5280 Decatur Blvd, Las Vegas, NV 89118-1551
      View Details
    • Value Estimation by Request
      3,262 SF

      5705 Rainbow Blvd

      CONVENIENCE STORE • 3,262 SF
      5705 Rainbow Blvd, Las Vegas, NV 89118-2529
      View Details

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      Established Domino's Location For Sale

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    • $2,200,000
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      Premium Las Vegas Event Space

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      NNN Leased Automotive Retail Property

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    Similar Nearby for Lease

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      Retail Space for Lease

      Retail space available for lease in Las Vegas, Nevada.
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    • Contact for pricing
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      Retail Flex Space Available

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    Las Vegas, NV 89118-3139
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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