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Financial
Distress signals
Property profile

6980 North 5Th St North Las Vegas, NV 89084

FOR LEASE
Outlet malls
Property ID
US62-0353215
64,914 SF 16.72 ac lot Built 2009
Last sale Mar 2023 · $7,650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
6980 North 5Th St, North Las Vegas, NV 89084 For Lease
$18 SF/Yr 41,146 SF available
6980 North 5Th St, North Las Vegas, NV 89084
View Listing

Property summary

AI-generated overview

Located at 6980 North 5th Street in North Las Vegas, Nevada 89084, the Deer Springs Town Center provides approximately 41,146 square feet of retail space. The property is configured to support retail-oriented uses such as shopping centers, retail properties, and shopping malls.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2021

What does the county charge?
$184k
Tax billed · 2021
Assessed value$8.44M
Assessed land$2.80M
Assessed improvement$5.64M
Effective rate2.18%

Value estimate

· Oct 2026
$560k
$504k – $616k
AI approach$985k
NOI build-up
Gross scheduled income$741k
Vacancy & credit loss−$33k
Operating expenses−$212k
NOI · 2,753,488.89% cap applied$496k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$205/SF
Submarket average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$134 – $280
Qualifying comparables3

Cap rate analysis

How does the asset earn?
2,753,488.89%
$496k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCLARK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.8
Law Firm14.4
Wholesale Shop13.0

Location

6980 North 5Th St North Las Vegas, NV 89084
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 13 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
7020 5th, North Las Vegas, NV 89084-1333 $24,937,500 Dec 2024 64,914 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
3 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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