Financial
Distress signals
Property profile

7668 Lk Mead Blvd Las Vegas, NV 89128

OFF-MARKET
Strip malls
Property ID
US62-0275606
7,840 SF 1.09 ac lot Built 1999
Last sale Apr 2025 · $5,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Suite 107 at Summergate Centre is a restaurant space within a retail/office center, configured as a 2nd-generation foodservice unit and offered with existing FF&E that can be retained by a new tenant. The suite is part of a property constructed in 1999 and is located within the City of Las Vegas in Limited Commercial (C-1) zoning. The center’s setting is near Summerlin and other master-planned communities, with access to Interstate 11/US-95 and the Tenaya Way medical corridor. The frontage

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$22k
Tax billed · 2023
Assessed value · 2024$778k
Assessed land$299k
Assessed improvement$479k
Effective rate2.86%

Value estimate

· Sep 2026
$390k
$351k – $429k

Realmo valuation models over county records and 5 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 comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.3
Daycare Center10.2
Locksmith9.7

Location

7668 Lk Mead Blvd Las Vegas, NV 89128-6628
County assessor Recorded deeds · 10 transfers 5 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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