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Property profile & analytics
OFF-MARKET
Estimated value
$3,195,000
Strip malls
821 Lamb Blvd Las Vegas, NV 89110-5420
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US62-0059145
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
17,806 SF
Lot
1.49 ac (64,904 SF)
APN
140-29-301-010
UPID
US62-0059145
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
-
Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
-
Zairas Beauty Salon Hair Salon Nail Salon
-
Dotty's Bar & Pub Nightclub
-
La Mojarra Loca Restaurant
-
ATM (ATM Link, Inc.) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.44M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.20M
Owner & transaction history
All City Plaza LLC · 10 yrs held
All City Plaza LLC
since 2016
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,800,000
6.5%
$4,435,000
7%
$4,115,000
Blend value · Realmo final
$3.20M
Range $2.88M – $3.51M · ±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
$179 / 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
$18,796
Tax year 2023
Assessed value
$646,201
Assessed 2024
Previous assessed
$583,495
+10.7% YoY
Effective rate
2.91%
On assessed value
Assessed land
$181,731
Assessed improvement
$464,470
Land market value
$519,231
Improvement market value
$1,327,057
Total market value
$1,846,288
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Total area
17,806 SF
Lot
1.49 ac (64,904 SF)
APN
140-29-301-010
UPID
US62-0059145
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
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Lot
1.49 ac
Current owner
From public records · entity-resolved
All City Plaza LLC
Entity
Mailing address
3446 W HACIENDA AVE, LAS VEGAS, NV 89118-1729
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2018
—
All City Plaza LLC
—
Deed
related
$1,600,000 · Keybank USA
Feb 5, 2016
—
All City Plaza LLC
Furnchyan,sarkis & Janet
Quit Claim Deed
related
—
Jul 21, 2015
$2,250,000
Sarkis Furnchyan
Dcr Real Estate Vi Sub I LLC
Bargain And Sale Deed
$500,000 · Kara Investment INC
Mar 13, 2015
$1,950,000
Dcr Real Estate Vi Sub I LLC
Jeanny Thu Huynh
Trustees Deed
related
—
Aug 23, 2007
—
Jeanny T Huynh
Van Andy,c
Grant Deed
—
Jul 31, 2006
$4,150,000
C Van Andy
Gilbert Family Trust
Grant Deed
$2,905,000 · Centennial Bank
Apr 28, 2004
—
Gilbert,tr
Gilbert,tr
Quit Claim Deed
related
$1,850,000 · Jackson Federal Bank
May 14, 1999
—
Gilbert Trust
Gilbert Trust
Quit Claim Deed
related
$1,100,000 · Business Bank Of Nevada
—
—
All City Plaza LLC
—
Deed Of Trust
related
$1,600,000 · Keybank USA
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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