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Property profile & analytics
OFF-MARKET
Estimated value
$2,760,000
Gas stations
6009 Craig Rd Las Vegas, NV 89130-2559
Entity Owned
4-yr Hold
Free & Clear
Property ID
US62-0806956
Property summary
AI-generated overview
The Bell Building, a beautifully maintained Art Deco office building, presents a unique opportunity in the heart of Lucas County's Central Business District (CBD). This iconic structure, boasting 43,219 square feet on a 0.47-acre lot, offers multiple tenancy options with eight available suites ranging in size from 435 square feet to a generous 3,671 square feet. Built in 1939, the building retains its original charm, featuring large windows that flood the spaces with natural light and elegant terrazzo floors. Security is provided in the building lobby, enhancing the safety and peace of mind for tenants. Convenient parking is available through a landlord agreement with any Kwik Park location. The building's zoning designation is CD - Downtown Commercial, reflecting its prime location at the corner of Madison Avenue and Erie Street. Utilities and janitorial services are included, minimizing operational overhead for tenants. This is an exceptional opportunity to secure prestigious office space in a landmark building within the vibrant CBD. The building's classic Art Deco style and modern amenities combine to create an unparalleled work environment.
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
2017
Construction
STEEL FRAME
Total area
1,350 SF
Lot
1.04 ac (45,302 SF)
APN
138-02-713-003
UPID
US62-0806956
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
-
Murphy USA Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.92M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.76M
Owner & transaction history
317 1st Street LLC · 4 yrs held
317 1st Street LLC
since 2021
Last sale
$2.6M
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
$2,975,000
ML approach
$2,920,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.76M
Range $2.48M – $3.04M · ±10% · vs last sale $2.58M (Oct 8 2021)
Last sale anchor
$2.58M
Oct 8 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
$2,044 / 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
$22,207
Tax year 2023
Assessed value
$767,309
Assessed 2024
Previous assessed
$677,329
+13.3% YoY
Effective rate
2.89%
On assessed value
Assessed land
$277,475
Assessed improvement
$489,834
Land market value
$792,786
Improvement market value
$1,399,526
Total market value
$2,192,312
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
2017
Construction
STEEL FRAME
Heating
YES
Stories
1
Total area
1,350 SF
Lot
1.04 ac (45,302 SF)
APN
138-02-713-003
UPID
US62-0806956
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
2017
Construction
STEEL FRAME
Heating
YES
Stories
1
Lot
1.04 ac
Current owner
From public records · entity-resolved
317 1st Street LLC
Entity
Free & Clear · 4 yrs held
Mailing address
4315 REDWOOD RETREAT RD, GILROY, CA 95020-8812
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2021
$2,575,000
317 1st Street LLC
Sheryl D Ginis
Special Warranty Deed
—
Aug 25, 2021
—
Pre Rancho Craig LLC
Pre Rancho Craig LLC
Intrafamily Transfer
related
—
Sep 22, 2017
$2,200,000
Jeffrey A Diamond
Lv Jones LLC
Special Warranty Deed
$1,075,000 · Midcounty Bank & Trust Co
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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