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Property profile & analytics
OFF-MARKET
Estimated value
$17,250,000
Auto shops
6501 Centennial Ctr Blvd Las Vegas, NV 89149-4553
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-1108258
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
18,865 SF
Lot
7.12 ac (310,147 SF)
APN
125-28-110-006
UPID
US62-1108258
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
-
Jerry Seiner GMC Car Dealership
-
Jerry Seiner Buick GMC Las Vegas Car Dealership
-
Jerry Seiner Buick GMC: Parts Center Auto Parts Store
-
Jerry Seiner Buick GMC: Oil Change Auto Repair Shop
-
Jerry Seiner Buick GMC: Service Center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$19.02M
Blend (final)
Blend
$17.25M
Owner & transaction history
6525 H5 Lv LLC · 4 yrs held
6525 H5 Lv LLC
since 2022
Last sale
$18.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$13.6M
+29.8%
Commercial (general)
$11.9M
+13.9%
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
$13,980,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$10,480,000
Current use
RESTAURANT
$13,595,000
Change: +30% · Conversion: Difficult
COMMERCIAL (GENERAL)
$11,930,000
Change: +14% · Conversion: Moderate
Blend value · Realmo final
$17.25M
Range $15.53M – $18.98M · ±10% · vs last sale $18.00M (Mar 1 2022)
Last sale anchor
$18.00M
Mar 1 2022
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
$914 / 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
$119,552
Tax year 2023
Assessed value
$4,774,106
Assessed 2024
Previous assessed
$4,487,404
+6.4% YoY
Effective rate
2.50%
On assessed value
Assessed land
$2,051,622
Assessed improvement
$2,722,484
Land market value
$5,861,777
Improvement market value
$7,778,526
Total market value
$13,640,303
Applied tax rate
200.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Buildings
5
Stories
1
Total area
18,865 SF
Lot
7.12 ac (310,147 SF)
APN
125-28-110-006
UPID
US62-1108258
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
AUTO REPAIR, GARAGE Current
Est. value
$10.5M
RESTAURANT
Est. value
$13.6M
COMMERCIAL (GENERAL)
Est. value
$11.9M
AUTO REPAIR, GARAGE Current
RESTAURANT
COMMERCIAL (GENERAL)
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
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Buildings
5
Lot
7.12 ac
Current owner
From public records · entity-resolved
6525 H5 Lv LLC
Entity
Mailing address
1530 S 500TH W, SALT LAKE CITY, UT 84115-5104
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2022
$18,000,000
6525 H5 Lv LLC
Earnhardt Arizona Properties LLC
Bargain And Sale Deed
$14,400,000 · Zb NA
Jun 6, 2019
—
Earnhardt Arizona Prop LLC
—
Deed
related
$9,686,156 · Jp Morgan Chase Bk
Jun 21, 2016
$16,500,000
Earnhardt Arizona Properties LLC
Rtg Real Estate Enterprises LLC
Bargain And Sale Deed
—
Mar 18, 2014
$414,900,000
Rtg Real Estate Enterprises LLC
Centennial Center Autoplaza LLC
Bargain And Sale Deed
—
Feb 26, 2008
$22,150,000
Centennial Ctr Autoplaza LLC
Jazz Trust
Grant Deed
$19,935,000 · Sovereign Bank
May 31, 2005
—
Jazz Trust
Scala,joseph
Grant Deed
related
—
—
—
Earnhardt Arizona Prop LLC
—
Loan Modification
related
$9,686,156 · Jp Morgan Chase 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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