Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,485,000
Strip malls
9175 Las Vegas S Blvd Las Vegas, NV 89123-3359
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US62-0285861
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1992
Construction
CONCRETE
Total area
237,952 SF
Lot
28.66 ac (1,248,430 SF)
APN
177-20-602-009
UPID
US62-0285861
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
-
Decades Event Center Wedding Service
-
Eriko Trevensolli Theater & Performing Art Venue Nightclub
-
Romper Room Learning Center Daycare Center
-
Debre Bisrat St. Gabriel EOTC in LV Church
-
Plant Hollywood Hostel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.49M
Owner & transaction history
Byron Michael Bowen · 3 yrs held
Byron Michael Bowen
since 2022
Last sale
$2.5M
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
$2,435,000
ML approach
$2,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.49M
Range $2.24M – $2.73M · ±10% · vs last sale $2.50M (Aug 10 2022)
Last sale anchor
$2.50M
Aug 10 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
$10 / 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
$217,896
Tax year 2023
Assessed value
$9,656,606
Assessed 2024
Previous assessed
$7,865,109
+22.8% YoY
Effective rate
2.26%
On assessed value
Assessed land
$9,656,606
Land market value
$27,590,303
Total market value
$27,590,303
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1992
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Total area
237,952 SF
Lot
28.66 ac (1,248,430 SF)
APN
177-20-602-009
UPID
US62-0285861
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
1992
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Lot
28.66 ac
Current owner
From public records · entity-resolved
Byron Michael Bowen
Individual
Mailing address
7865 SURFCREST CT, LAS VEGAS, NV 89128-6810
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2022
—
Byron Michael Bowen
Byron M Bowen
Intrafamily Transfer
related
—
Jan 27, 2003
$10,500,000
Real Equities LLC
Las Vegas Kpt LLC
Grant Deed
related
$4,250,000 · Carmel Consultants INC
Dec 7, 2001
$2,500,000
Las Vegas Kpt LLC
Cps Finance II LLC
Grant Deed
—
Oct 8, 2001
$2,500,000
Cpg Finance II LLC
Kpt Remic Loan LLC
Grant Deed
related
—
Jan 7, 1999
—
Kpt Remic Loan LLC
Fsa Properties INC
Grant Deed
related
—
Jan 5, 1995
$25,500,000
Fsa Properties INC
Factory Stores America INC
Grant Deed
$140,000,000 · Travelers Insurance Co
Jul 1, 1994
—
Factory Stores Of America INC
—
Deed Of Trust
related
$30,000,000 · Bank One Dayton
Dec 30, 1993
$25,500,000
Factory Stores America INC
Las Vegas Outlet
Grant Deed
—
Feb 18, 1992
$2,700,000
Vegas Outlet Stores L P Las
Unknown
Grant Deed
—
—
—
Real Equities LLC
—
Deed Of Trust
related
$2,000,000 · Yaghoubzadeh Trust
—
—
Real Equities LLC
—
Deed Of Trust
related
$2,000,000 · Carmel Cnslts INC
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 9175 Las Vegas S Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
