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Property profile & analytics
OFF-MARKET
Estimated value
$4,350,000
Drug stores
6820 Ann Rd Las Vegas, NV 89130-1113
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US62-1271180
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
15,022 SF
Lot
1.54 ac (67,082 SF)
APN
125-27-803-007
UPID
US62-1271180
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
-
Khanh Pham, Pharm Pharmacy
-
COVID-19 Drive-thru Testing at Walgreens Pharmacy
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
FedEx OnSite Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.48M
CAP Approach
CAP
$5.22M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.35M
Owner & transaction history
6820 W Ann Rd LLC · 5 yrs held
6820 W Ann Rd LLC
since 2020
Last sale
$3.8M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$6.5M
+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
$4,385,000
ML approach
$4,480,000
CAP Approach
CAP Return
Estimation
6%
$5,650,000
6.5%
$5,215,000
7%
$4,845,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,615,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$6,520,000
Change: +16% · Conversion: Moderate
OFFICE BUILDING
$4,795,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$4.35M
Range $3.92M – $4.79M · ±10% · vs last sale $3.83M (Aug 21 2020)
Last sale anchor
$3.83M
Aug 21 2020
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
$290 / 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
$23,928
Tax year 2023
Assessed value
$1,094,867
Assessed 2024
Previous assessed
$987,587
+10.9% YoY
Effective rate
2.19%
On assessed value
Assessed land
$300,997
Assessed improvement
$793,870
Land market value
$859,991
Improvement market value
$2,268,200
Total market value
$3,128,191
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Total area
15,022 SF
Lot
1.54 ac (67,082 SF)
APN
125-27-803-007
UPID
US62-1271180
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
$5.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.5M
OFFICE BUILDING
Est. value
$4.8M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Lot
1.54 ac
Current owner
From public records · entity-resolved
6820 W Ann Rd LLC
Entity
Mailing address
9101 ALTA DR UNIT #1003, LAS VEGAS, NV 89145-8539
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2020
$3,833,000
6820 W Ann Rd LLC
Monaghan Farms INC
Bargain And Sale Deed
$2,500,000 · One Nevada Cu
May 16, 2007
$5,973,500
Monaghan Farms INC
Rainbow-regal LLC
Grant Deed
$1,000,000 · Deline Associates INC
Apr 18, 2001
$1,160,000
Rainbow-regal LLC
Fog G & H Rainbow LLC
Grant Deed
related
—
Mar 28, 2000
$1,077,000
Log G & H Rainbow LLC
Borsack Trust
Grant Deed
—
—
—
Rainbow-regal LLC
—
Deed Of Trust
related
$3,550,000 · Greenwich Capital Fin'l Produc
—
—
Monaghan Farms INC
—
Deed Of Trust
related
$2,200,000 · Riversource 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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