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Property profile & analytics
OFF-MARKET
Estimated value
$9,315,000
Outlet malls
855 Dorrell Ln North Las Vegas, NV 89086-1009
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US62-0415171
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2009
Construction
CONCRETE
Total area
105,148 SF
Lot
10.12 ac (440,827 SF)
APN
124-23-210-002
UPID
US62-0415171
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
-
Lumber Big Box & Wholesale Store Building Supply
-
Garden Center at The Home Depot Garden Center
-
Pro Desk at The Home Depot Big Box & Wholesale Store Building Supply
-
Home Services at The Home Depot General Contractor
-
The Home Depot Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.32M
Owner & transaction history
Qlv-hd LLC · 10 yrs held
Qlv-hd LLC
since 2015
4 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
$89 / 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
$113,757
Tax year 2023
Assessed value
$3,516,668
Assessed 2024
Previous assessed
$3,391,194
+3.7% YoY
Effective rate
3.23%
On assessed value
Assessed land
$1,638,554
Assessed improvement
$1,878,114
Land market value
$4,681,583
Improvement market value
$5,366,040
Total market value
$10,047,623
Applied tax rate
254.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
2009
Construction
CONCRETE
Heating
YES
Stories
1
Total area
105,148 SF
Lot
10.12 ac (440,827 SF)
APN
124-23-210-002
UPID
US62-0415171
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
2009
Construction
CONCRETE
Heating
YES
Stories
1
Lot
10.12 ac
Current owner
From public records · entity-resolved
Qlv-hd LLC
Entity
Mailing address
950 S GRAND AVE FL #2, LOS ANGELES, CA 90015-3999
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2015
$13,400,000
Qlv-hd LLC
Dsvegas LLC
Grant Deed
—
May 3, 2013
$50,500,000
Dsvegas LLC
Deer Springs Town Center LLC
Grant Deed
—
Aug 1, 2008
—
Deer Springs Town Center LLC
Deer Springs Town Center LLC
Quit Claim Deed
related
—
—
—
Dsvegas LLC
—
Deed Of Trust
related
$6,500,000 · Wells Fargo Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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