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Property profile & analytics
FOR LEASE
Strip malls
6811 S Eastern Ave Las Vegas, NV 89119
Entity Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US62-1275671
For Lease
1 / 2
$2,125,000
6811 S Eastern Ave, Las Vegas, NV 89119
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2006
Construction
FRAME
Total area
8,108 SF
Lot
0.19 ac (8,276 SF)
APN
177-02-614-014
UPID
US62-1275671
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
-
Savor Coffee Cafe & Coffee Shop
-
Vegas Ink and Toner Printing Equipment And Supplies Printing Equipment Supplier
-
Sin City Aquatics & Maintenance (Bike/Boat/Book/etc) Store Pet Store & Service
-
702 Chairs Furniture & Home Goods Home Decor Store
-
The Baking Cup Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.13M
Owner & transaction history
Dalacas Family LP · 12 yrs held
Dalacas Family LP
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,520,000
Current use
RETAIL STORES
$3,030,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$2.13M
Range $1.91M – $2.34M · ±10%
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
$262 / 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
$12,267
Tax year 2023
Assessed value
$488,792
Assessed 2024
Previous assessed
$423,505
+15.4% YoY
Effective rate
2.51%
On assessed value
Assessed land
$112,854
Assessed improvement
$375,938
Land market value
$322,440
Improvement market value
$1,074,109
Total market value
$1,396,549
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
For Lease
Year built
2006
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Total area
8,108 SF
Lot
0.19 ac (8,276 SF)
APN
177-02-614-014
UPID
US62-1275671
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.5M
RETAIL STORES
Est. value
$3.0M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
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
2006
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Dalacas Family LP
Entity
Free & Clear · 12 yrs held
Mailing address
1012 SECRET GDN ST, LAS VEGAS, NV 89145-8697
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2016
—
Dalacas Family LP
—
Deed
related
$225,000 · Wells Fargo Bk
Jul 22, 2014
—
Dalacas Family LP
Dalacas 1995 Trust
Quit Claim Deed
related
—
Jun 16, 2014
$1,200,000
Dalacas 1995 Trust
Edgemere Cap INC
Grant Deed
$97,793 · Windemere Properties INC
May 12, 2011
—
City Natl Bk
Sunwest Bk
Grant Deed
related
—
May 12, 2011
$1,050,000
Edgemere Capital INC
City Natl Bk
Grant Deed
related
—
Jul 20, 2009
$2,500,000
Sunwest Bk
Chicago Title Of Nv INC
Trustees Deed
related
—
Nov 13, 2006
$3,656,290
Centra Palm Court LLC
Parkview Business Center LLC
Grant Deed
$3,598,900 · Sunwest Bank
Sep 11, 2006
—
Parkview Business Center LLC
Parkview Business Center LLC
Quit Claim Deed
—
Jun 30, 2006
—
Parkview Business Center LLC
Parkview Business Center LLC
Quit Claim Deed
related
—
Dec 27, 2004
$5,942,100
Parkview Business Center LLC
Eastern 12 LLC
Grant Deed
$18,500,000 · Wells Fargo Bank
Apr 6, 2004
—
Eastern 12 LLC
—
Trustees Deed
related
$2,700,000 · Nevada First Bank
Jun 11, 2003
$6,925,000
Eastern 12 LLC
Hartwell,tr
Grant Deed
$2,090,000 · Nevada First Bank
—
—
Dalacas Family LP
—
Deed Of Trust
related
$225,000 · Wells Fargo 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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