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Property profile & analytics
OFF-MARKET
Turn key restaurants
761 Nevada Way Boulder City, NV 89005-2335
Entity Owned
3-yr Hold
Free & Clear
Property ID
US62-0150207
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,890 SF
Lot
0.11 ac (4,792 SF)
APN
186-09-210-012
UPID
US62-0150207
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Southwest Diner LLC · 3 yrs held
Southwest Diner LLC
since 2023
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 Boulder City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boulder City 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,380
Tax year 2023
Assessed value
$62,046
Assessed 2024
Previous assessed
$54,590
+13.7% YoY
Effective rate
2.22%
On assessed value
Assessed land
$29,351
Assessed improvement
$32,695
Land market value
$83,860
Improvement market value
$93,414
Total market value
$177,274
Applied tax rate
58.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Total area
1,890 SF
Lot
0.11 ac (4,792 SF)
APN
186-09-210-012
UPID
US62-0150207
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
Building & site characteristics
From public records
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Southwest Diner LLC
Entity
Free & Clear · 3 yrs held
Mailing address
761 NEVADA WAY, BOULDER CITY, NV 89005-2335
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 8, 2023
—
Southwest Diner LLC
Cynthia M Ford
Bargain And Sale Deed
—
Feb 16, 2022
—
Carl And Cynthia Ford Family Trust
—
Deed
related
$412,500 · Bank Of George
Jan 11, 2017
—
Ford,carl & C Family Trust
Ford,cynthia M
Quit Claim Deed
related
—
Dec 7, 2016
—
Cynthia M Ford
Cynthia M Ford
Intrafamily Transfer
related
$365,000 · Boulder Dam Cu
Dec 9, 2013
—
Ford,c & C Family Trust
Ford,cynthia M
Quit Claim Deed
related
—
Nov 27, 2013
—
Cynthia M Ford
Robert E Belden
Re-recorded Document
related
$288,750 · Boulder Dam Cu
Nov 15, 2013
$385,000
Cynthia M Ford
Robert E Belden
Bargain And Sale Deed
$288,750 · Boulder Dam Cu
Feb 23, 2007
—
Enchanted Sky Trust
Belden,robert E
Quit Claim Deed
related
—
Apr 28, 2006
—
Enchanted Sky Trust
Belden,robert E
Grant Deed
related
—
Oct 4, 2002
$299,990
Robert F Belden
Moreno,ronald R & R M
Grant Deed
$239,992 · Boulder Dam Cu
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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