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Property profile & analytics
OFF-MARKET
Bars & Pubs
6235 Decatur Blvd Las Vegas, NV 89118-4316
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US62-0398925
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
2001
Construction
FRAME
Total area
6,156 SF
Lot
0.98 ac (42,689 SF)
APN
163-36-712-002
UPID
US62-0398925
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
-
PT's Gold 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
by Request
Owner & transaction history
Lam & Chow 2 LLC · 11 yrs held
Lam & Chow 2 LLC
since 2014
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
$12,562
Tax year 2023
Assessed value
$517,285
Assessed 2024
Previous assessed
$463,784
+11.5% YoY
Effective rate
2.43%
On assessed value
Assessed land
$279,399
Assessed improvement
$237,886
Land market value
$798,283
Improvement market value
$679,674
Total market value
$1,477,957
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
2001
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Total area
6,156 SF
Lot
0.98 ac (42,689 SF)
APN
163-36-712-002
UPID
US62-0398925
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
2001
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Lot
0.98 ac
Current owner
From public records · entity-resolved
Lam & Chow 2 LLC
Entity
Mailing address
4314 SOLACE ST, LAS VEGAS, NV 89135-2966
Ownership since
2014
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
Sep 24, 2014
$3,575,000
Lam & Chow 2 LLC
Pt Landtech LLC
Grant Deed
—
Jul 19, 2011
—
Pt Landtech LLC
—
Deed Of Trust
related
$8,000,000 · Bank Of Nevada
Apr 20, 1999
$1,020,000
Pt Landtech LLC
Matonivich Trust
Grant Deed
—
Apr 22, 1998
—
Clark County (nv)
Matonovich Trust
Grant Deed
related
—
Feb 22, 1989
$30,000
Matonovich Family Trust
Unknown
Grant Deed
—
—
—
Pt Landtech LLC
—
Deed Of Trust
related
$3,000,000 · Bank Of Nevada
—
—
Lam & Chow 2 LLC
—
Deed Of Trust
related
$2,000,000 · First Foun Bk
—
—
P T Landtech LLC
—
Deed Of Trust
related
$100,000 · Nevada State Bank
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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