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    Property profile & analytics

    6126 Lk Mead Blvd Las Vegas, NV 89108-2659

    • Grocery and convenience stores
    • 59,900 SF
    • 8.98 lot acres
    OFF-MARKET
    Value Estimation
    $6,455,000
    Last Sale
    Apr 17, 2020
    $5,882,000
    Location Intelligence
    Property ID
    US62-0366213
    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

    • Grocery and convenience stores

    Property Details for 6126 Lk Mead Blvd

    Year built
    1995
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    8.98 lot acres
    Property size
    59,900 SF
    Property type
    Grocery and convenience stores
    APN
    138-23-618-002
    APU
    13823618002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,730,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,420,000
      6.5%
      $5,540,000
      7%
      $5,335,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,920,000
      Geo Method
      $5,410,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,210,000
      Retail
      $5,505,000
      Mixed-Use
      $4,825,000
      Hospitality
      $5,695,000
      Educational
      $5,820,000
      Residential Income
      $5,215,000
      Energy
      $5,415,000
      Income-Based Land
      $6,275,000
      Food Service
      $5,755,000

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.225
    Latitude
    36.1967
    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
    $117,498
    $1,916,728
    $3,490,247
    $5,406,975
    -
    $5,476,366
    $9,972,134
    $15,448,500

    Comparable in this City

    • Value Estimation by Request
      52,800 SF

      6000 Cheyenne Ave

      GROCERY, SUPERMARKET • 52,800 SF
      6000 Cheyenne Ave, Las Vegas, NV 89108-4239
      View Details
    • Value Estimation
      $1,770,000
      2,946 SF

      2390 Decatur Blvd

      CONVENIENCE STORE • 2,946 SF
      2390 Decatur Blvd, Las Vegas, NV 89108-2906
      View Details
    • Value Estimation
      $525,000
      2,832 SF

      5400 Vegas Dr

      CONVENIENCE STORE • 2,832 SF
      5400 Vegas Dr, Las Vegas, NV 89108-2403
      View Details
    • Value Estimation by Request
      42,966 SF

      1917 Decatur Blvd

      GROCERY, SUPERMARKET • 42,966 SF
      1917 Decatur Blvd, Las Vegas, NV 89108-2209
      View Details
    • Value Estimation
      $1,020,000
      3,003 SF

      6703 Alexander Rd

      CONVENIENCE STORE • 3,003 SF
      6703 Alexander Rd, Las Vegas, NV 89108-5154
      View Details
    • Value Estimation
      $715,000
      2,953 SF

      1591 Decatur Blvd

      CONVENIENCE STORE • 2,953 SF
      1591 Decatur Blvd, Las Vegas, NV 89108-1204
      View Details

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    • $15 SF/Yr
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      Decatur Blvd Retail Spaces Available

      Prime Las Vegas retail spaces, 1,000-1,650 sq ft.
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      View Details
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    Las Vegas, NV 89108-2659
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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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