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Property profile & analytics
OFF-MARKET
Estimated value
$4,675,000
Retail space
6770 Paradise Rd Las Vegas, NV 89119-3721
Entity Owned
26-yr Hold
Free & Clear
Property ID
US62-0185021
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1991
Construction
CONCRETE
Total area
25,571 SF
Lot
1.51 ac (65,776 SF)
APN
177-03-613-001
UPID
US62-0185021
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
-
Asian ProSource Big Box & Wholesale Store
-
US Geological Survey Sustainability Organization
-
Impact Sign & Graphics (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.68M
Owner & transaction history
Investment Properties Harsch · 26 yrs held
Investment Properties Harsch
since 1999
4 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
$183 / 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
$19,177
Tax year 2023
Assessed value
$893,817
Assessed 2024
Previous assessed
$726,843
+23.0% YoY
Effective rate
2.15%
On assessed value
Assessed land
$345,324
Assessed improvement
$548,493
Land market value
$986,640
Improvement market value
$1,567,123
Total market value
$2,553,763
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1991
Construction
CONCRETE
Heating
OIL
Cooling
EVAPORATIVE
Stories
1
Total area
25,571 SF
Lot
1.51 ac (65,776 SF)
APN
177-03-613-001
UPID
US62-0185021
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
1991
Construction
CONCRETE
Heating
OIL
Cooling
Yes
Stories
1
Lot
1.51 ac
Current owner
From public records · entity-resolved
Investment Properties Harsch
Entity
Free & Clear · 26 yrs held
Mailing address
PO BOX 2708, PORTLAND, OR 97208-2708
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2017
—
Harsch Inv Properties-nevada L
—
Grant Deed
related
$22,900,000 · Miscellaneous Ins Co
Nov 12, 1999
$25,600,000
Investment Properties Harsch
Palms Airport Associates LP
Grant Deed
—
Sep 16, 1997
—
Palms Airport Associates LP
Airport Center Associates
Quit Claim Deed
related
$10,725,000 · Wells Fargo Bank
—
—
Investment Prop Nevada Harsch
—
Deed Of Trust
related
$21,000,000 · Jefferson-pilot Life Insurance
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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