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Property profile & analytics
OFF-MARKET
Day care centers
6018 Tropicana Ave Las Vegas, NV 89103-4800
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US62-0048368
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1999
Construction
FRAME
Total area
6,102 SF
Lot
0.76 ac (33,106 SF)
APN
163-24-410-009
UPID
US62-0048368
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
-
Cherished Legacy Academy Daycare Center
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
Stellar Lifetime Property LLC · 3 yrs held
Stellar Lifetime Property LLC
since 2022
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
$14,273
Tax year 2023
Assessed value
$473,093
Assessed 2024
Previous assessed
$428,953
+10.3% YoY
Effective rate
3.02%
On assessed value
Assessed land
$169,404
Assessed improvement
$303,689
Land market value
$484,011
Improvement market value
$867,683
Total market value
$1,351,694
Applied tax rate
417.0000
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
1999
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Total area
6,102 SF
Lot
0.76 ac (33,106 SF)
APN
163-24-410-009
UPID
US62-0048368
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
1999
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Lot
0.76 ac
Current owner
From public records · entity-resolved
Stellar Lifetime Property LLC
Entity
Mailing address
6018 W TROPICANA AVE, LAS VEGAS, NV 89103-4800
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2022
—
Stellar Lifetime Property LLC
Steven O Adungba
Bargain And Sale Deed
—
Mar 31, 2022
$1,575,000
Steven O Adungba
J A N D LLC
Bargain And Sale Deed
—
Mar 31, 2022
—
Steven Adungba
Heather Adungba
Intrafamily Transfer
related
$800,000 · Denis Vinci Family Trust
Feb 21, 2018
—
Jand LLC
—
Deed
related
$1,140,000 · Meadows Bk
Oct 2, 2006
$1,625,000
Jand LLC
Tropicana Avenue Trust
Grant Deed
$1,350,000 · Nh Lenders I LLC
May 11, 2004
$714,100
West Tropicana Properties LP
Otero,michael & Kimberly S
Trustees Deed
—
Mar 17, 2000
—
Mkmo LLC
Otero,michael R & Kimberly S
Grant Deed
related
—
—
—
Michael R Otero
—
Deed Of Trust
related
$401,000 · Nevada State Development Corp
—
—
Jand LLC
—
Deed Of Trust
related
$450,000 · J Squared Ventures LLC
—
—
Jand LLC
—
Deed Of Trust
related
$930,000 · Zions First National Bank
—
—
Jand LLC
—
Deed Of Trust
related
$740,000 · Zions First National Bank
—
—
Jand LLC
—
Deed Of Trust
related
$165,000 · Stephen Ingrassia
—
—
Mkmo LLC
—
Deed Of Trust
related
$280,000 · Miki LP
—
—
Jand LLC
—
Deed Of Trust
related
$1,140,000 · Meadows Bk
—
—
Tropicana Avenue Trust
—
Deed Of Trust
related
$750,000 · E & C LLC
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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