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Financial
Distress signals
Property profile

7591 W Washington Ave 110 Las Vegas, NV 89128

FOR LEASE
Strip malls
Property ID
US62-0287370
9,086 SF 1.55 ac lot Built 2006
Last sale Jul 2021 · $6,475,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Summerlin Shops is a fee simple retail property comprising multiple retail shop spaces within a shopping center anchored by a Trader Joe’s. The center is located on a hard corner with frontage on W Washington Avenue and N Buffalo Drive at a busy intersection and is also described as providing direct on/off ramp access from Highway 613; the listing referenced traffic counts of approximately 61,000 vehicles per day on the intersection and approximately 105,000 vehicles per day on Highway 613. The…

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 · 2023

What does the county charge?
$31k
Tax billed · 2023
Assessed value · 2024$1.10M
Assessed land$383k
Assessed improvement$717k
Effective rate2.79%

Value estimate

· Oct 2026
$7.48M
$6.73M – $8.22M
AI approach$7.43M
Submarket $/SF estimate$6.28M
NOI build-up
Gross scheduled income$164k
Vacancy & credit loss−$9k
Operating expenses−$46k
NOI · 4,318,240.00% cap applied$108k

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

Recently sold

What actually traded nearby?
$434/SF
Submarket average, outlier-cleaned · 235 recorded sales of this use type
Observed band · Q1–Q3$223 – $790
Qualifying comparables3

Cap rate analysis

How does the asset earn?
4,318,240.00%
$108k 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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply62.6
Restaurant60.3
Auto Repair Shop51.8

Location

7591 W Washington Ave, Unit 110 Las Vegas, NV 89128
County assessor Recorded deeds · 11 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7470 Lk Mead, Las Vegas, NV 89128-0264 $6,030,000 Aug 2025 20,648 SF
7175 Lk Mead, Las Vegas, NV 89128-1302 $23,880,000 Jan 2024 22,302 SF
8401 Lk Mead, Las Vegas, NV 89128 $11,000,000 Sep 2023 29,852 SF
2400 Buffalo Dr, Las Vegas, NV 89128-4803 $5,470,000 Jul 2021 7,540 SF
8530 Lk Mead, Las Vegas, NV 89128-7630 $5,240,000 Sep 2020 31,456 SF
8502 Lk Mead, Las Vegas, NV 89128-7616 $1,425,000 Feb 2020 5,040 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
6 properties of the same type nearby
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