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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Grocery and convenience stores
9111 Las Vegas S Blvd Las Vegas, NV 89123-3308
Individually Owned
5-yr Hold
Free & Clear
Property ID
US62-1030442
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1996
Construction
FRAME
Total area
3,447 SF
Lot
0.6 ac (26,136 SF)
APN
177-20-602-010
UPID
US62-1030442
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
-
McDonald's Agate Ave Restaurant Take-out & Catering
-
Smog Plus Lube & Brakes Auto Repair Shop
-
76 Gas Station
-
Rodolfo Mexican Grill Restaurant
-
Bitcoin of America ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$645k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$525k
Blend (final)
Blend
$550k
Owner & transaction history
Las Vegas South Boulevard Nv Prop 2 · 5 yrs held
Las Vegas South Boulevard Nv Prop 2
since 2021
Last sale
$500,000
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
$575,000
ML approach
$645,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $500k (Apr 6 2021)
Last sale anchor
$500k
Apr 6 2021
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
$160 / 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
$18,194
Tax year 2023
Assessed value
$749,178
Assessed 2024
Previous assessed
$679,072
+10.3% YoY
Effective rate
2.43%
On assessed value
Assessed land
$365,904
Assessed improvement
$383,274
Land market value
$1,045,440
Improvement market value
$1,095,069
Total market value
$2,140,509
Applied tax rate
635.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1996
Construction
FRAME
Heating
HEAT PUMP
Buildings
4
Stories
1
Total area
3,447 SF
Lot
0.6 ac (26,136 SF)
APN
177-20-602-010
UPID
US62-1030442
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
1996
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Buildings
4
Lot
0.6 ac
Current owner
From public records · entity-resolved
Las Vegas South Boulevard Nv Prop 2
Individual
Free & Clear · 5 yrs held
Mailing address
PO BOX 50620, IDAHO FALLS, ID 83405-0620
Ownership since
2021
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
Jun 13, 2025
—
Las Vegas South Boulevard Nevada
—
Deed
related
$2,600,000 · Idaho Central Cu
Apr 6, 2021
$1,658,640
Las Vegas South Boulevard Nv Prop 2
Brad H Hall
Quit Claim Deed
related
—
Aug 23, 2010
$500,000
Brad H Hall
Asset Foreclosure Services
Trustees Deed
—
Feb 6, 2009
$2,500,000
B & B Property LLC
Thakor,babu
Grant Deed
—
Feb 4, 2009
$2,500,000
Babu Thakor
Thakor,pragnit
Deed In Lieu Of Foreclosure
related
—
Jul 11, 2008
—
Pragnit B Thakor
Thakor Minaxi B
Quit Claim Deed
related
—
Dec 20, 2002
—
Minaxi Thakor
Thakor,minaxi
Quit Claim Deed
related
$737,000 · California Bank & Trust
Jan 18, 2002
—
Minaxi Thakor
Thakor LLC
Quit Claim Deed
related
$178,947 · Homesavers INC
—
—
Babu Thakor
—
Deed Of Trust
related
$200,000 · Homesavers INC
—
—
Babu Thakor
—
Deed Of Trust
related
$870,000 · Nevada State Bank
—
—
Minaxi Thakor
—
Deed Of Trust
related
$2,650,000 · Hanmi Bank
—
—
Thakor LLC
—
Deed Of Trust
related
$2,500,000 · Babu Thakor
—
—
Minaxi Thakor
—
Deed Of Trust
related
$45,327 · Equilon Enterprises LLC
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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