Financial
Distress signals
Property profile

8515 S Eastern Ave Las Vegas, NV 89123

FOR SALE
Strip malls
Property ID
US62-1306167
6,272 SF 1.38 ac lot Built 2005
Last sale Dec 2021 · $6,800,000
Trust Owned Owner of record is a trust. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

A 1,248-square-foot restaurant space is situated in a mature suburban area on the corner of Wigwam and Eastern Avenues. The site is positioned for vehicular traffic exposure and is accessed via the nearby CC-215 freeway. The surrounding area includes a substantial residential population and supports a mix of medical and commercial uses, with existing tenants including Village Pub, Check City, and Fuzzy Dice.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$24k
Tax billed · 2023
Assessed value · 2024$971k
Assessed land$383k
Assessed improvement$588k
Effective rate2.45%

Value estimate

· Sep 2026
$7.85M
$7.07M – $8.64M
AI approach$7.89M
Submarket $/SF estimate$4.96M
NOI build-up
Gross scheduled income$403k
Vacancy & credit loss−$23k
Operating expenses−$114k
NOI · 3.00% cap applied$266k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$434/SF
Submarket average, outlier-cleaned · 235 recorded sales of this use type
Observed band · Q1–Q3$223 – $790
Qualifying comparables7

Cap rate analysis

How does the asset earn?
3.00%
$266k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCLARK

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply54.7
Auto Repair Shop44.2
Wholesale Shop43.4

Location

8515 S Eastern Ave Las Vegas, NV 89123
County assessor Recorded deeds · 1 transfer 7 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8200 Maryland, Las Vegas, NV 89123-4102 $8,300,000 Dec 2024 9,000 SF
8150 Maryland, Las Vegas, NV 89123-4107 $8,300,000 Sep 2024 5,255 SF
8846 Eastern, Las Vegas, NV 89123-4828 $15,100,000 Apr 2024 6,000 SF
8334 Maryland, Las Vegas, NV 89123-0849 $2,775,000 Oct 2022 7,530 SF
2185 Windmill, Las Vegas, NV 89123-2035 $3,250,000 Apr 2022 6,698 SF
8480 Las Vegas S, Las Vegas, NV 89123-6625 $2,435,000 Jul 2021 10,174 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message