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Property profile & analytics
OFF-MARKET
Estimated value
$4,200,000
Strip malls
6230 Decatur Blvd Las Vegas, NV 89118-4367
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US62-0404146
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2006
Construction
CONCRETE
Total area
25,080 SF
Lot
2.24 ac (97,574 SF)
APN
162-31-310-003
UPID
US62-0404146
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
-
Limitless Sports Medicine & Physical Therapy Physician
-
Game Changers Sports Recovery Alternative Medicine Practice Spa & Massage Center
-
Fuzion 5 Athletics Gym & Fitness Center
-
Game Changers Sports Academy High School
-
Sobb LLC Arcade & Gaming Center Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.20M
Owner & transaction history
6230 Decatur LLC · 1 yrs held
6230 Decatur LLC
since 2025
Last sale
$11,000
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
$167 / 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
$26,171
Tax year 2021
Assessed value
$1,143,892
Assessed 2021
Previous assessed
$1,143,892
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$435,424
Assessed improvement
$708,468
Land market value
$1,244,069
Improvement market value
$2,024,194
Total market value
$3,268,263
Applied tax rate
470.0000
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
2006
Construction
CONCRETE
Heating
OTHER
Cooling
EVAPORATIVE
Stories
1
Total area
25,080 SF
Lot
2.24 ac (97,574 SF)
APN
162-31-310-003
UPID
US62-0404146
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
2006
Construction
CONCRETE
Heating
OTHER
Cooling
Yes
Stories
1
Lot
2.24 ac
Current owner
From public records · entity-resolved
6230 Decatur LLC
Entity
Mailing address
5716 W HWY 290TH STE #200, AUSTIN, TX 78735-8721
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2025
$6,750,000
6230 Decatur LLC
Capella Funds LLC Ros Series
Bargain & Sale Deed
$6,720,000 · Clark County Cu
Jul 18, 2024
$3,500,000
Capella Funds LLC Ros Series
Ros Enterprise INC
Trust Deed
related
—
Jun 6, 2023
—
Ros Enterprise INC
—
Deed
related
$4,700,000 · Capella Funds LLC
Aug 2, 2021
—
Hawkins Family Partners LP
Sobb LLC
Re-recorded Document
related
—
Jul 12, 2021
$11,000
Hawkins Family Partners LP
Ros Enterprises INC
Bargain And Sale Deed
—
Jan 19, 2021
—
Luke Khoh
Suzanne Khoh
Quit Claim Deed
related
—
Jan 19, 2021
$7,000,000
Ros Ent INC
Hawkins Family Partners LP
Grant Deed
$4,200,000 · Socotra Reit I LLC
Jan 19, 2021
$3,268,263
Hawkins Family Partners L P
Sobb LLC
Grant Deed
—
Oct 18, 2006
—
Sobb Phase II LLC
Sobb LLC
Quit Claim Deed
related
—
Apr 29, 2005
—
Sobb LLC
—
Trustees Deed
related
$4,275,000 · Silver State Bank
Sep 30, 2004
—
Sobb LLC
Owner Name Unavailable
Grant Deed
related
$1,612,690 · Silver State Bank
—
—
Sobb LLC
—
Deed Of Trust
related
$5,000,000 · General Electric Capital Corp
—
—
Sobb LLC
—
Deed Of Trust
related
$597,500 · Silver State Bank
—
—
Sobb LLC
—
Deed Of Trust
related
$4,200,000 · Mountain America FCU
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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