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Property profile & analytics
OFF-MARKET
Estimated value
$3,220,000
Bars & Pubs
8025 Farm Rd Las Vegas, NV 89131-8156
Entity Owned
~
Est. High Equity
Property ID
US62-0066169
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
2001
Construction
FRAME
Total area
4,519 SF
Lot
0.88 ac (38,333 SF)
APN
125-16-318-016
UPID
US62-0066169
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
-
Lucky's Bar & Pub
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.79M
Blend (final)
Blend
$3.22M
Owner & transaction history
Silvergate LLC-silvergate Farm
Silvergate LLC-silvergate Farm
since 2026
Last sale
$3.1M
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 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
$3,590,000
ML approach
$3,495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,255,000
Current use
COMMERCIAL (GENERAL)
$2,860,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$3.22M
Range $2.90M – $3.54M · ±10% · vs last sale $3.11M (Jul 22 2021)
Last sale anchor
$3.11M
Jul 22 2021
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
$713 / 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
$12,012
Tax year 2023
Assessed value
$463,195
Assessed 2024
Previous assessed
$420,147
+10.2% YoY
Effective rate
2.59%
On assessed value
Assessed land
$241,498
Assessed improvement
$221,697
Land market value
$689,994
Improvement market value
$633,420
Total market value
$1,323,414
Applied tax rate
200.0000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
2001
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
4,519 SF
Lot
0.88 ac (38,333 SF)
APN
125-16-318-016
UPID
US62-0066169
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
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$3.3M
COMMERCIAL (GENERAL)
Est. value
$2.9M
RESTAURANT Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.88 ac
Current owner
From public records · entity-resolved
Silvergate LLC-silvergate Farm
Entity
Mailing address
555 LAUREL AVE APT #614, SAN MATEO, CA 94401-4154
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2026
—
Silvergate LLC-silvergate Farm
Gary Zornes
Quitclaim Deed
—
Jan 30, 2026
$3,600,000
Zornes Family Trust
The Piedemonte Family Trust
Bargain & Sale Deed
—
Jul 22, 2021
$3,108,600
William J Piedemonte
Kouretas Holdings LLC
Bargain And Sale Deed
$1,425,000 · First Savings Bank
Jan 25, 2019
—
Kouretas Holdings LLC
—
Deed
related
$827,644 · Meadows Bk
Feb 27, 2014
$750,000
Kouretas Holdings LLC
Leumi B LLC
Bargain And Sale Deed
$600,000 · Meadows Bank
Nov 21, 2012
$1,300,000
Leumi B LLC
Kouretas Holdings LLC
Grant Deed
—
May 16, 2012
—
Kouretas Holdings LLC
Kouretas Investments LLC
Quit Claim Deed
related
—
Mar 28, 2007
—
Kouretas Investments LLC
Kouretas Family Trust
Quit Claim Deed
$2,520,000 · Heritage Bank Of Commerce
Jan 27, 2005
$4,580,000
Kouretas Family
Farm Road Properties LLC
Grant Deed
$1,645,000 · Heritage Bank Of Commerce
—
—
Kouretas Holdings LLC
—
Deed Of Trust
related
$757,354 · Meadows Bk
—
—
Kouretas Holdings LLC
—
Deed Of Trust
related
$827,644 · Meadows Bk
—
—
Kouretas Investments LLC
—
Deed Of Trust
related
$3,903,000 · Heritage Bank Of Commerce
—
—
Leumi B LLC
—
Deed Of Trust
related
$1,000,000 · First State Bank
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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