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Property profile & analytics
OFF-MARKET
Estimated value
$50,305,000
Outlet malls
7955 Blue Diamond Rd Las Vegas, NV 89178-9299
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US62-0482903
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
21,984 SF
Lot
13.85 ac (603,306 SF)
APN
176-21-717-013
UPID
US62-0482903
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
Current use
Occupant on record · Public records
-
Milk Money limited Clothing Store
-
g Aveda Salon Mountains Edge Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$50.31M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$50.31M
Owner & transaction history
Ridgecrest Diamond LLC · 1 yrs held
Ridgecrest Diamond LLC
since 2025
Last sale
$50.3M
2 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 Las Vegas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Las Vegas 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
Method
Estimation
Statistic approach
$50,305,000
ML approach
$50,305,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$50.31M
Range $45.27M – $55.34M · ±10% · vs last sale $50.31M (Dec 17 2024)
Last sale anchor
$50.31M
Dec 17 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$2,288 / SF
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
$183,543
Tax year 2023
Assessed value
$10,226,031
Assessed 2024
Previous assessed
$9,018,780
+13.4% YoY
Effective rate
1.79%
On assessed value
Assessed land
$4,011,985
Assessed improvement
$6,214,046
Land market value
$11,462,814
Improvement market value
$17,754,417
Total market value
$29,217,231
Applied tax rate
635.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Buildings
10
Stories
1
Total area
21,984 SF
Lot
13.85 ac (603,306 SF)
APN
176-21-717-013
UPID
US62-0482903
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
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Stories
1
Buildings
10
Lot
13.85 ac
Current owner
From public records · entity-resolved
Ridgecrest Diamond LLC
Entity
Free & Clear · 1 yrs held
Mailing address
5920 S RAINBOW BLVD STE #11, LAS VEGAS, NV 89118-4209
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2025
—
Ridgecrest Diamond LLC
M E Retail LLC
Deed
related
—
Dec 17, 2024
$50,305,000
Ridgecrest Diamond LLC
M E Retail LLC
Bargain & Sale Deed
$33,000,000 · Morgan Stanley Capital I Trust 2022
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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