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Property profile & analytics
OFF-MARKET
Estimated value
$2,835,000
Retail space
9310 Tropicana Ave Las Vegas, NV 89147-7965
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US62-1238095
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Construction
FRAME
Total area
8,009 SF
Lot
0.94 ac (40,946 SF)
APN
163-20-415-002
UPID
US62-1238095
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
-
Liquor World (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.07M
CAP Approach
CAP
$2.78M
Comparable Approach
Comparable
$3.70M
Blend (final)
Blend
$2.84M
Owner & transaction history
World Investment Company 3 LLC · 5 yrs held
World Investment Company 3 LLC
since 2020
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.5M
+48.6%
Neighborhood: shopping center
$3.5M
+16.1%
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
$3,030,000
ML approach
$3,070,000
CAP Approach
CAP Return
Estimation
6%
$3,015,000
6.5%
$2,780,000
7%
$2,585,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,995,000
Current use
AUTO REPAIR, GARAGE
$4,450,000
Change: +49% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,475,000
Change: +16% · Conversion: Moderate
OFFICE BUILDING
$2,700,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$2.84M
Range $2.55M – $3.12M · ±10% · vs last sale $2.65M (Oct 29 2020)
Last sale anchor
$2.65M
Oct 29 2020
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
$354 / 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
$20,072
Tax year 2023
Assessed value
$777,409
Assessed 2024
Previous assessed
$732,989
+6.1% YoY
Effective rate
2.58%
On assessed value
Assessed land
$424,201
Assessed improvement
$353,208
Land market value
$1,212,003
Improvement market value
$1,009,166
Total market value
$2,221,169
Applied tax rate
417.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2004
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
8,009 SF
Lot
0.94 ac (40,946 SF)
APN
163-20-415-002
UPID
US62-1238095
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$4.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.5M
OFFICE BUILDING
Est. value
$2.7M
RETAIL STORES Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.94 ac
Current owner
From public records · entity-resolved
World Investment Company 3 LLC
Entity
Mailing address
4795 DEAN MARTIN DR, LAS VEGAS, NV 89103-4166
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2022
—
World Investment Company 3 LLC
—
Deed
related
$1,599,000 · United States Small Business Admin
Sep 22, 2022
—
Lineberry Properties INC
—
Deed
related
$500,000 · Firstbank
Oct 29, 2020
$2,650,000
World Investment Company 3 LLC
Lineberry Properties INC
Bargain And Sale Deed
$2,099,100 · Meadows Bank
Oct 29, 2020
—
World Investment Co 3 LLC
—
Deed
related
$1,600,000 · Meadows Bk
Mar 12, 2019
—
Lineberry Props INC
LP 2014 LLC
Quit Claim Deed
related
—
Mar 15, 2004
$2,100,000
Lineberry Properties INC
Highway 15 LLC
Grant Deed
$1,575,000 · Community Bank Nevada
—
—
World Investment Co 3 LLC
—
Deed Of Trust
related
$1,600,000 · Meadows 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.
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