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Property profile & analytics
OFF-MARKET
Estimated value
$18,375,000
Outlet malls
8080 Tropical Pkwy Las Vegas, NV 89149-4529
Individually Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-0440592
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
130,952 SF
Lot
11.72 ac (510,523 SF)
APN
125-28-210-001
UPID
US62-0440592
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
-
Sam's Club Tire & Battery (Bike/Boat/Book/etc) Store Auto Parts Store
-
Sam's Club Big Box & Wholesale Store Grocery & Convenience Store
-
Sam's Club Pharmacy Pharmacy
-
Sam's Club Floral (Bike/Boat/Book/etc) Store Florist
-
Sam's Club Optical Center Eye Care Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$24.96M
Blend (final)
Blend
$18.38M
Owner & transaction history
Diversified Las Vegas C Inland · 13 yrs held
Diversified Las Vegas C Inland
since 2013
6 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$18.38M
Range $16.54M – $20.21M · ±10%
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
$140 / 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
$136,706
Tax year 2023
Assessed value
$5,148,174
Assessed 2024
Previous assessed
$4,964,488
+3.7% YoY
Effective rate
2.66%
On assessed value
Assessed land
$3,001,875
Assessed improvement
$2,146,299
Land market value
$8,576,786
Improvement market value
$6,132,283
Total market value
$14,709,069
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
EVAPORATIVE
Buildings
2
Stories
1
Total area
130,952 SF
Lot
11.72 ac (510,523 SF)
APN
125-28-210-001
UPID
US62-0440592
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
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
11.72 ac
Current owner
From public records · entity-resolved
Diversified Las Vegas C Inland
Individual
Mailing address
30 S MERIDIAN ST STE #1100, INDIANAPOLIS, IN 46204-3565
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2013
—
Diversified Las Vegas C Inland
Centennial Centre LLC
Grant Deed
related
—
Dec 28, 2012
$64,709,512
Diversified Las Vegas C Inland
Centennial Centre LLC
Grant Deed
—
Dec 22, 2003
—
Centential Center LLC
—
Deed Of Trust
related
$47,000,000 · Teachers Insurance & Annuity
—
—
Diversified Las Vegas C Inland
—
Deed Of Trust
related
$70,455,000 · Cantor Commercial Real Estate
—
—
Centennial Centre LLC
—
Deed Of Trust
related
$2,305,031 · Nevada State Bank
—
—
Centennial Centre LLC
—
Deed Of Trust
related
$470,000 · Nevada 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.
Try Rey
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