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Property profile & analytics
OFF-MARKET
Estimated value
$2,215,000
Strip malls
5860 Losee Rd North Las Vegas, NV 89081-6595
Entity Owned
4-yr Hold
Free & Clear
Property ID
US62-0344508
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Construction
FRAME
Total area
14,400 SF
Lot
18.44 ac (803,246 SF)
APN
124-25-312-003
UPID
US62-0344508
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
-
Ethika Of Las Vegas Clothing Store
-
UMC Primary Care - Aliante Medical Clinic
-
UMC Quick Care - Aliante Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.25M
CAP Approach
CAP
$3.07M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.22M
Owner & transaction history
Strr Investments LLC · 4 yrs held
Strr Investments LLC
since 2021
Last sale
$2.3M
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
$2,005,000
ML approach
$2,250,000
CAP Approach
CAP Return
Estimation
6%
$3,320,000
6.5%
$3,065,000
7%
$2,845,000
Blend value · Realmo final
$2.22M
Range $1.99M – $2.44M · ±10% · vs last sale $2.30M (Sep 29 2021)
Last sale anchor
$2.30M
Sep 29 2021
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
$154 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$152,284
Tax year 2021
Assessed value
$4,670,681
Assessed 2021
Previous assessed
$4,670,681
+0.0% YoY
Effective rate
3.26%
On assessed value
Assessed land
$2,473,998
Assessed improvement
$2,196,683
Land market value
$7,068,566
Improvement market value
$6,276,237
Total market value
$13,344,803
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
Buildings
7
Stories
1
Total area
14,400 SF
Lot
18.44 ac (803,246 SF)
APN
124-25-312-003
UPID
US62-0344508
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
Buildings
7
Lot
18.44 ac
Current owner
From public records · entity-resolved
Strr Investments LLC
Entity
Free & Clear · 4 yrs held
Mailing address
3411 LAS VEGAS BLVD S, LAS VEGAS, NV 89109-8955
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2021
—
Strr Investments LLC
Metejemei LLC
Re-recorded Document
related
—
Sep 29, 2021
$2,300,000
Strr Investments LLC
Metejemei LLC
Bargain And Sale Deed
—
Jan 13, 2012
$14,000,000
Metejemei LLC
Nevada Title Co
Trustees Deed
—
Jan 9, 2012
$14,000,000
Metejemei LLC
Nevada Title Co
Trustees Deed
—
Aug 28, 2009
—
Park Central Plaza 32 LLC
—
Deed Of Trust
related
$36,696,000 · Nevada State Bank
Mar 23, 2007
—
Park Central Plaza 32 LLC
—
Deed Of Trust
related
$30,765,000 · Nevada State Bank
Jul 12, 2006
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Park Central Plaza 32 LLC
—
Deed Of Trust
related
$2,000,000 · No Lender On Document
—
—
Park Central Plaza 32 LLC
—
Deed Of Trust
related
$4,453,850 · Nevada State 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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