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    Property profile & analytics

    7511 Lk Mead Blvd Las Vegas, NV 89128-0274

    • Turn key restaurants
    • 4,545 SF
    • 0.69 lot acres
    OFF-MARKET
    Value Estimation
    $2,780,000
    Last Sale
    Sep 30, 2021
    $3,000,000
    Location Intelligence
    Property ID
    US62-0464525
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Slater's 50/50 - Lake Mead Blvd / Restaurant
    • Slater's 50/50 Summerlin (Now Open!) / Restaurant
    • Slater's 50/50 Summerlin / Restaurant

    Property Details for 7511 Lk Mead Blvd

    Year built
    1998
    Construction
    FRAME
    Lot size
    0.69 lot acres
    Property size
    4,545 SF
    Property type
    Turn key restaurants
    APN
    138-22-316-010
    APU
    13822316010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,435,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,120,000
      6.5%
      $2,960,000
      7%
      $2,780,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,725,000
      Geo Method
      $3,230,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,595,000
      Retail
      $2,485,000
      Mixed-Use
      $3,415,000
      Hospitality
      $3,415,000
      Educational
      $3,225,000
      Residential Income
      $2,765,000
      Energy
      $2,665,000
      Income-Based Land
      $3,080,000
      Food Service
      $3,390,000

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.257
    Latitude
    36.1958
    CBSA code
    29820
    CBSA name
    LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $13,331
    $189,353
    $277,158
    $466,511
    -
    $541,009
    $791,880
    $1,332,889

    Comparable in this City

    • Value Estimation by Request
      2,850 SF

      7598 Vegas Dr

      RESTAURANT • 2,850 SF
      7598 Vegas Dr, Las Vegas, NV 89128-0707
      View Details
    • Value Estimation
      $2,545,000
      5,918 SF

      7200 Lk Mead Blvd

      RESTAURANT • 5,918 SF
      7200 Lk Mead Blvd, Las Vegas, NV 89128-8301
      View Details
    • Value Estimation by Request
      3,749 SF

      8564 Lk Mead Blvd

      RESTAURANT • 3,749 SF
      8564 Lk Mead Blvd, Las Vegas, NV 89128-7630
      View Details
    • Value Estimation by Request
      3,001 SF

      1960 Rock Spgs Dr

      RESTAURANT • 3,001 SF
      1960 Rock Spgs Dr, Las Vegas, NV 89128-8313
      View Details
    • Value Estimation by Request
      3,210 SF

      1900 Buffalo Dr

      RESTAURANT • 3,210 SF
      1900 Buffalo Dr, Las Vegas, NV 89128-2610
      View Details
    • Value Estimation
      $2,000,000
      2,943 SF

      1940 Rock Spgs Dr

      RESTAURANT • 2,943 SF
      1940 Rock Spgs Dr, Las Vegas, NV 89128-8313
      View Details

    Similar Nearby for Sale

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      Retail center in Summerlin with high traffic and visibility.
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      First-floor condo with open layout, fireplace, and community amenities.
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      Las Vegas Executive Office Suite

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    Similar Nearby for Lease

    • $24 SF/Yr
      41,110 SF

      8510 Lake Mead Blvd

      Neighborhood centers • 41,110 SF
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      View Details
    • $24 SF/Yr
      5,373 SF

      Buffalo Inspire: Premier Retail & Office

      Class A Las Vegas mixed-use space, ideal for businesses.
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      View Details
    • $30 SF/Yr
      36,390 SF

      Las Vegas Retail Center Investment

      36,390 SF Retail Center, Great Location
      8401 Lake Mead Blvd, Las Vegas, NV 89128
      View Details
    • Contact for pricing
      90,373 SF

      Lake Mead Retail Center Opportunity

      Whole Foods-anchored, multiple spaces available
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      View Details
    • $2 SF/Yr
      20,964 SF

      West Las Vegas Retail/Office Building

      Multi-tenant building in West Las Vegas with high visibility.
      7421 W Lake Mead Blvd, Las Vegas, NV 89128
      View Details
    • $1.65 SF/Yr
      50,000 SF

      Peak Professional Office Suites

      Las Vegas Executive Office Space Available
      7250 Peak Dr, Las Vegas, NV 89128
      View Details
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    Las Vegas, NV 89128-0274
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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