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Property profile & analytics
OFF-MARKET
Estimated value
$4,950,000
Drug stores
6401 Charleston Blvd Las Vegas, NV 89146-1118
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-0450696
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
13,777 SF
Lot
1.4 ac (60,984 SF)
APN
163-02-114-002
UPID
US62-0450696
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
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
FedEx OnSite Postal Service Courier Service
-
Charleston Healthcare Center Medical Clinic
-
Coinhub Bitcoin ATM Teller Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.29M
CAP Approach
CAP
$4.79M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.95M
Owner & transaction history
Rgmz Charleston Blvd Wa LLC · 4 yrs held
Rgmz Charleston Blvd Wa LLC
since 2021
Last sale
$4.7M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$7.7M
+48.6%
Office building
$6.4M
+23.9%
Neighborhood: shopping center
$6.0M
+16.1%
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
Method
Estimation
Statistic approach
$5,370,000
ML approach
$5,290,000
CAP Approach
CAP Return
Estimation
6%
$5,185,000
6.5%
$4,785,000
7%
$4,445,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,150,000
Current use
AUTO REPAIR, GARAGE
$7,650,000
Change: +49% · Conversion: Difficult
OFFICE BUILDING
$6,380,000
Change: +24% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$5,980,000
Change: +16% · Conversion: Moderate
Blend value · Realmo final
$4.95M
Range $4.46M – $5.45M · ±10% · vs last sale $4.65M (Aug 4 2021)
Last sale anchor
$4.65M
Aug 4 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$359 / 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
$19,569
Tax year 2023
Assessed value
$1,145,076
Assessed 2024
Previous assessed
$1,002,775
+14.2% YoY
Effective rate
1.71%
On assessed value
Assessed land
$441,829
Assessed improvement
$703,247
Land market value
$1,262,369
Improvement market value
$2,009,277
Total market value
$3,271,646
Applied tax rate
213.0000
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Total area
13,777 SF
Lot
1.4 ac (60,984 SF)
APN
163-02-114-002
UPID
US62-0450696
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$5.2M
AUTO REPAIR, GARAGE
Est. value
$7.7M
OFFICE BUILDING
Est. value
$6.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.0M
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
1.4 ac
Current owner
From public records · entity-resolved
Rgmz Charleston Blvd Wa LLC
Entity
Mailing address
PO BOX 4900, SCOTTSDALE, AZ 85261-4900
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2021
$4,650,000
Rgmz Charleston Blvd Wa LLC
Chuang Capital Group LLC
Bargain And Sale Deed
$240,000 · Key Bank NA
Mar 19, 2021
—
City Of Las Vegas
Chuang Capital Group LLC
Bargain And Sale Deed
—
Sep 1, 2015
$5,195,000
Chuang Capital Group LLC
Village Torrey Pines Partners Limit
Bargain And Sale Deed
$2,500,000 · Fsgbank NA
Jul 7, 2015
$56,663
Glik LLC
Village Of Torrey Pines Partners
Grant Deed
—
Nov 3, 2014
—
Village Of Torrey Pines Partners
—
Grant Deed
related
$20,000,000 · Comerica Bk
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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