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Property profile & analytics
OFF-MARKET
Estimated value
$1,885,000
Commercial land
840 Pioneer Blvd Mesquite, NV 89027
Entity Owned
3-yr Hold
Free & Clear
Property ID
US62-0611759
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.62 ac (27,007 SF)
APN
001-18-601-004
UPID
US62-0611759
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.89M
Owner & transaction history
Pioneer Blvd Mesquite LLC · 3 yrs held
Pioneer Blvd Mesquite LLC
since 2022
Last sale
$2.0M
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 Mesquite submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mesquite 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
$1,805,000
ML approach
$1,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.89M
Range $1.70M – $2.07M · ±10% · vs last sale $1.99M (Aug 1 2022)
Last sale anchor
$1.99M
Aug 1 2022
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
—
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
$600
Tax year 2023
Assessed value
$21,552
Assessed 2024
Previous assessed
$21,552
+0.0% YoY
Effective rate
2.78%
On assessed value
Assessed land
$21,552
Land market value
$61,577
Total market value
$61,577
Applied tax rate
901.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.62 ac (27,007 SF)
APN
001-18-601-004
UPID
US62-0611759
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
Heating
NONE
Lot
0.62 ac
Current owner
From public records · entity-resolved
Pioneer Blvd Mesquite LLC
Entity
Free & Clear · 3 yrs held
Mailing address
7334 WINESBURG ST, LAS VEGAS, NV 89166-3813
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2022
$1,990,000
Pioneer Blvd Mesquite LLC
Arden Trust Company
Bargain And Sale Deed
—
Nov 4, 2021
$16,072
Pioneer Blvd Mesquite LLC
Kathleen Villani
Warranty Deed
—
Nov 4, 2021
$30,809
Pioneer Blvd Mesquite LLC
Daniel Belchar
Quit Claim Deed
related
—
Feb 8, 2013
$828,849
Daniel Belchar
Nevada Title Co
Trustees Deed
—
Feb 4, 2008
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Jan 29, 2008
$587,497
Davric Corp
Foreclosure Of Nevada
Trustees Deed
related
—
Jul 21, 2006
$7,000,000
Liberty Group Invs IV LLC
Kpsj Investment Group
Grant Deed
$2,410,000 · Kpsj Investment Group
Jul 21, 2006
$4,860,000
Kpsj Investment Group
Covell,ralph M
Grant Deed
$500,000 · Ralph M Covell
Jul 21, 2006
—
Ralph M Covell
Covell,tracy L
Quit Claim Deed
related
—
—
—
Liberty Group Invs IV LLC
—
Deed Of Trust
related
$1,268,000 · Lawrence II Doull
—
—
Liberty Group Invs IV LLC
—
Deed Of Trust
related
$1,500,000 · Private Lender
—
—
Liberty Group Invs IV LLC
—
Deed Of Trust
related
$270,000 · Private Lender
—
—
Ralph M Covell
—
Deed Of Trust
related
$950,000 · Azaren Trust
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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