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Property profile & analytics
OFF-MARKET
Estimated value
$6,480,000
Strip malls
6825 Russell Rd Las Vegas, NV 89118-1888
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-1260438
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2007
Construction
FRAME
Total area
23,596 SF
Lot
2.4 ac (104,544 SF)
APN
163-35-110-006
UPID
US62-1260438
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
-
EasyBit Bitcoin ATM Atm
-
PeopleReady Skilled Trades Employment Agency
-
Smoke Palace (Bike/Boat/Book/etc) Store
-
JK NAILS AND SPA Nail Salon
-
Mo Du Massage & Spa Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.00M
CAP Approach
CAP
$8.78M
Comparable Approach
Comparable
$8.95M
Blend (final)
Blend
$6.48M
Owner & transaction history
Kwh Investments LLC · 4 yrs held
Kwh Investments LLC
since 2021
Last sale
$6.0M
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
$6,925,000
ML approach
$6,995,000
CAP Approach
CAP Return
Estimation
6%
$9,510,000
6.5%
$8,780,000
7%
$8,155,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$10,245,000
Current use
RETAIL STORES
$8,820,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$6.48M
Range $5.83M – $7.13M · ±10% · vs last sale $6.00M (Nov 2 2021)
Last sale anchor
$6.00M
Nov 2 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
$275 / 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
$30,682
Tax year 2023
Assessed value
$1,644,319
Assessed 2024
Previous assessed
$1,463,373
+12.4% YoY
Effective rate
1.87%
On assessed value
Assessed land
$640,332
Assessed improvement
$1,003,987
Land market value
$1,829,520
Improvement market value
$2,868,534
Total market value
$4,698,054
Applied tax rate
417.0000
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
Off-Market
Year built
2007
Construction
FRAME
Heating
YES
Stories
1
Total area
23,596 SF
Lot
2.4 ac (104,544 SF)
APN
163-35-110-006
UPID
US62-1260438
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
$10.2M
RETAIL STORES
Est. value
$8.8M
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
2007
Construction
FRAME
Heating
YES
Stories
1
Lot
2.4 ac
Current owner
From public records · entity-resolved
Kwh Investments LLC
Entity
Mailing address
879 S AZUSA AVE, CITY OF INDUSTRY, CA 91748-1028
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2021
$6,000,000
Kwh Investments LLC
Wantai LLC
Bargain And Sale Deed
$3,000,000 · American First National Bank
Jun 5, 2020
$6,000,000
Wantai LLC
Pereyra 1992 Living Trust
Grant Deed
—
May 23, 2018
$5,290,000
Daniel L Pereyra
Russell Lv LLC
Bargain And Sale Deed
$3,628,000 · Meadows Bank
Oct 20, 2017
—
Russell Rainbow Ents LLC
Russell Rainbow Ents LLC
Quit Claim Deed
related
$10,000,000 · City Nat'l Bk
May 31, 2013
$523,264
Russell Lv LLC
Russell Lv LLC
Grant Deed
related
$1,912,500 · Bank Of Nevada
May 31, 2013
$2,550,000
Russell Lv LLC
Nevada Ttile Co
Trustees Deed
related
—
Jan 6, 2006
—
Russell Retail Partners LLC
—
Trustees Deed
related
$6,024,000 · Bank Of Nevada
Feb 23, 2005
$1,320,000
Russell Retail Partners LLC
Rainbow-russell Ventures LLC
Grant Deed
related
$1,320,000 · Packer Trust
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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