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Property profile & analytics
OFF-MARKET
Strip malls
825 Craig Rd North Las Vegas, NV 89032-0283
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-1285498
Property summary
AI-generated overview
Revere Marketplace offers exceptional retail space for lease in North Las Vegas, Nevada. This vibrant strip center, located at 825-965 West Craig Rd, zip code 89032, boasts a total of 56,090 square feet of retail space. Currently, 4,760 square feet is available, with spaces divisible to a minimum of 1,050 square feet and a maximum contiguous space of 2,100 square feet. The property is zoned C-1 (General Commercial) within Clark County, providing ample flexibility for a variety of retail businesses. Ample parking is available, with a generous ratio of 5.13 spaces per 1,000 square feet. This prime location in North Las Vegas offers excellent visibility and accessibility, making it an ideal opportunity for businesses seeking a thriving retail environment. The property's convenient location and ample parking ensure high foot traffic and easy access for customers. This is a fantastic opportunity to establish or expand your retail presence in a dynamic and growing market. Contact us today to learn more about leasing opportunities at Revere Marketplace.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2006
Construction
FRAME
Total area
6,300 SF
Lot
0.79 ac (34,412 SF)
APN
139-04-713-011
UPID
US62-1285498
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
-
Good Samaritan Worship & Training Center Church Mosque
-
Western Union Bank Credit Union
-
Ariel Rivera - State Farm Insurance Agent Insurance Agency
-
Check City Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gardena Towers LLC · 4 yrs held
Gardena Towers LLC
since 2022
Last sale
$14.7M
3 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 North Las Vegas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,413
Tax year 2023
Assessed value
$489,917
Assessed 2024
Previous assessed
$446,861
+9.6% YoY
Effective rate
1.51%
On assessed value
Assessed land
$289,061
Assessed improvement
$200,856
Land market value
$825,889
Improvement market value
$573,874
Total market value
$1,399,763
Applied tax rate
250.0000
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
2006
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
6,300 SF
Lot
0.79 ac (34,412 SF)
APN
139-04-713-011
UPID
US62-1285498
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
2006
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
Gardena Towers LLC
Entity
Mailing address
5453 VILLAWOOD CIR, CALABASAS, CA 91302-3106
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2022
$14,650,000
Gardena Towers LLC
Las Vegas Adventure LLC
Bargain And Sale Deed
—
Jun 28, 2011
$5,342,400
Las Vegas Adventure LLC
Msci 2006-hq10 West Craig Road
Grant Deed
—
—
—
Las Vegas Adventure LLC
—
Deed Of Trust
related
$3,400,000 · Everbank
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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