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Property profile & analytics
OFF-MARKET
Estimated value
$3,890,000
Strip malls
6910 Rainbow Blvd Las Vegas, NV 89118-3273
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US62-0463748
Property summary
AI-generated overview
Plaza Rey, a single-story, 17,000 square foot retail center in Las Vegas, Nevada, presents a prime investment opportunity. Built in 2008, this property boasts a convenient location at 6910 S Rainbow Blvd, at the highly visible intersection of Rainbow Boulevard and Maule Avenue, a key area with over 50,000 vehicles passing daily. The center is situated on a 1.18-acre lot and features nine suites, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 1,350 square feet. Currently, there is approximately 3,000 square feet of retail space available. The property is zoned C-2 and includes ample parking with 72 spaces. The building features no elevators. This is a second-generation C-Store unit, offering excellent visibility and accessibility for businesses seeking high-traffic exposure. The property's APN is 176-02-301-001 in Clark County. This retail center offers a unique chance to establish or expand a business in a thriving Las Vegas location.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2009
Construction
FRAME
Total area
15,271 SF
Lot
1.43 ac (62,291 SF)
APN
176-02-301-001
UPID
US62-0463748
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
-
Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
-
Duong Lani DDS Dental Office
-
Cavity Busters: Bui Bryan DDS Dental Office
-
Pho Saigon 8 Restaurant
-
Absolute Dental - Arroyo Kids Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.89M
Owner & transaction history
Rainbow Maule Plaza LLC · 12 yrs held
Rainbow Maule Plaza LLC
since 2013
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
RETAIL STORES
$5,710,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$3.89M
Range $3.50M – $4.28M · ±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
$255 / 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
$36,242
Tax year 2023
Assessed value
$1,574,242
Assessed 2024
Previous assessed
$1,385,868
+13.6% YoY
Effective rate
2.30%
On assessed value
Assessed land
$566,848
Assessed improvement
$1,007,394
Land market value
$1,619,566
Improvement market value
$2,878,269
Total market value
$4,497,835
Applied tax rate
635.0000
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
2009
Construction
FRAME
Heating
YES
Buildings
2
Stories
1
Total area
15,271 SF
Lot
1.43 ac (62,291 SF)
APN
176-02-301-001
UPID
US62-0463748
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
Est. value
$5.7M
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
2009
Construction
FRAME
Heating
YES
Stories
1
Buildings
2
Lot
1.43 ac
Current owner
From public records · entity-resolved
Rainbow Maule Plaza LLC
Entity
Mailing address
3824 S JONES BLVD STE F, LAS VEGAS, NV 89103-2451
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 9, 2023
—
Rainbow Maule Plaza LLC
—
Deed
related
$3,475,000 · Mountain America FCU
Sep 12, 2013
—
Rainbow Maule Plaza LLC
Rainbow Maule LLC
Quit Claim Deed
related
—
Jan 9, 2008
—
Bacara Carinos LLC
Bacara Plaza LLC
Quit Claim Deed
—
Jun 27, 2006
—
Rainbow Maule LLC
—
Trustees Deed
related
$3,865,191 · Silver State Bank
Jan 31, 2005
$2,100,000
Rainbow Maule LLC
Fisher Bruce C Trust
Grant Deed
$1,365,000 · Silver State Bank
Nov 20, 2003
$127,000
Clark County (nv)
Fisher,tr
Grant Deed
related
—
Aug 15, 2001
—
Rockin Robin LP
Park Place Investors LP
Grant Deed
related
—
—
—
Rainbow Maule LLC
—
Deed Of Trust
related
$869,909 · Silver State Bank
—
—
Rainbow Maule Plaza LLC
—
Deed Of Trust
related
$4,200,000 · Starwood Mortgage Capital LLC
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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