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Property profile & analytics
OFF-MARKET
Estimated value
$4,055,000
Strip malls
6055 Lk Mead Blvd Las Vegas, NV 89156-7801
Entity Owned
17-yr Hold
Free & Clear
Property ID
US62-0468385
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
23,166 SF
Lot
2.68 ac (116,741 SF)
APN
140-22-302-001
UPID
US62-0468385
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
-
ATM Atm
-
Expert Cleaners Vi (Bike/Boat/Book/etc) Store
-
D'Angels Beauty Salons Hair Salon Nail Salon
-
El Rey del Machete Restaurant
-
Mama Marias Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.06M
Owner & transaction history
Plaza Del Rio LLC · 17 yrs held
Plaza Del Rio LLC
since 2008
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
$175 / 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
$22,402
Tax year 2023
Assessed value
$866,600
Assessed 2024
Previous assessed
$789,989
+9.7% YoY
Effective rate
2.59%
On assessed value
Assessed land
$357,519
Assessed improvement
$509,081
Land market value
$1,021,483
Improvement market value
$1,454,517
Total market value
$2,476,000
Applied tax rate
340.0000
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
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Total area
23,166 SF
Lot
2.68 ac (116,741 SF)
APN
140-22-302-001
UPID
US62-0468385
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
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Lot
2.68 ac
Current owner
From public records · entity-resolved
Plaza Del Rio LLC
Entity
Free & Clear · 17 yrs held
Mailing address
2050 TROON DR, HENDERSON, NV 89074-0668
Ownership since
2008
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
Nov 4, 2008
—
Plaza Del Rio LLC
Koutnouyan Living Trust
Grant Deed
—
Oct 29, 2008
—
Armenian A & N Living Trust
Armenian,adroushan K
Quit Claim Deed
related
—
Oct 28, 2008
—
Adroushan K Armenian
Armenian,adroushan K
Quit Claim Deed
related
—
Dec 15, 1994
$800,000
Koutnouyan Trust
Real Estate Collateral Mgmt
Grant Deed
—
Jun 1, 1994
$847,039
Real Estate Collateral Managem
Mountain Vista A
Trustees Deed
—
May 25, 1994
—
Western Frontier Corp
Kamornick,philip
Grant Deed
related
—
Mar 11, 1993
$1,175,000
Mountain Vista Associates
Unknown
Grant Deed
—
—
—
D M K INC
—
Deed Of Trust
related
$177,865 · Robert Darling
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.
Try Rey
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