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Property profile & analytics
OFF-MARKET
Estimated value
$3,470,000
Turn key restaurants
9700 Skye Cyn Park Dr Las Vegas, NV 89166
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US62-0008586
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2022
Construction
FRAME
Total area
2,293 SF
Lot
0.98 ac (42,689 SF)
APN
125-07-210-018
UPID
US62-0008586
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.38M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.54M
Blend (final)
Blend
$3.47M
Owner & transaction history
Saaj LLC · 1 yrs held
Saaj LLC
since 2024
Last sale
$3.6M
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
$3,250,000
ML approach
$3,380,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.47M
Range $3.12M – $3.82M · ±10% · vs last sale $3.63M (Jun 30 2022)
Last sale anchor
$3.63M
Jun 30 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
$1,513 / 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
$11,305
Tax year 2023
Assessed value
$577,448
Assessed 2024
Previous assessed
$541,792
+6.6% YoY
Effective rate
1.96%
On assessed value
Assessed land
$295,835
Assessed improvement
$281,613
Land market value
$845,243
Improvement market value
$804,609
Total market value
$1,649,852
Applied tax rate
200.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2022
Construction
FRAME
Heating
YES
Stories
1
Total area
2,293 SF
Lot
0.98 ac (42,689 SF)
APN
125-07-210-018
UPID
US62-0008586
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
2022
Construction
FRAME
Heating
YES
Stories
1
Lot
0.98 ac
Current owner
From public records · entity-resolved
Saaj LLC
Entity
Mailing address
11415 SUNRISE GOLD CIR STE #13, RANCHO CORDOVA, CA 95742-6582
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
25 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2024
$4,350,000
Saaj LLC
40 Tesla LLC
Bargain & Sale Deed
$3,000,000 · Fifth Third Bank NA
Feb 28, 2023
—
Nazila V Levy
Remington Skye LLC
Deed
related
—
Feb 22, 2023
—
Nazila Y Levy
Remington Skye LLC
Deed
related
—
Jun 30, 2022
—
Sky Canyon Holdings LLC
John A Ellis
Quit Claim Deed
related
—
Jun 29, 2022
—
Nazila Y Levy
Remington Skye LLC
Deed
related
—
Apr 27, 2022
—
Skye Canyon Community Association
Remington Skye LLC
Quitclaim Deed
related
—
Mar 31, 2022
$3,625,000
John A Ellis
Remington Skye LLC
Bargain And Sale Deed
—
Mar 23, 2022
—
Fth Nevada INC
—
Deed
related
$25,000 · First Hawaiian Bank
Nov 15, 2021
—
Yamin Family 1999 Limited Partnersh
Remington Skye LLC
Deed
related
—
Oct 28, 2021
$4,125,000
Yamin Family 1999 Limited Partnersh
Remington Skye LLC
Bargain & Sale Deed
—
Oct 11, 2021
—
Blue Skies Az LLC
Milwaukee Group Trust
Bargain & Sale Deed
—
Oct 5, 2021
—
Milwaukee Group Trust
Marisa Rokstad
Bargain & Sale Deed
—
Jul 9, 2021
$4,445,920
Pad C LLC
Remington Skye LLC
Bargain & Sale Deed
$3,112,144 · My Credit Union
Jun 25, 2021
$3,463,890
Tesla LLC
Remington Skye LLC
Bargain & Sale Deed
—
Mar 15, 2021
—
Dellaia Enterprises LLC
—
Deed
related
$1,300,000 · Wheatland Bank
Feb 19, 2021
$3,431,200
Milwaukee Group Trust
Remington Skye LLC
Bargain & Sale Deed
—
Jan 25, 2021
—
Dellaia Ents LLC
Eat Six LLC
Quitclaim Deed
related
—
Dec 7, 2020
$4,500,000
Fth Nevada INC
Remington Skye LLC
Grant Deed
—
Aug 17, 2020
—
Reminton Skye LLC
Remington Skye LLC
Quitclaim Deed
related
—
Aug 7, 2020
$5,000,000
215-219 Larchmont Blvd LLC
Remington Skye LLC
Grant Deed
—
Mar 6, 2020
$3,625,000
Eat Six LLC
Remington Skye LLC
Warranty Deed
—
Oct 2, 2019
$9,117,550
Pn II INC
Mf Land LLC
Grant Deed
—
Sep 13, 2019
$2,449,000
888 Salt Lake LLC
Remington Skye LLC
Grant Deed
—
May 23, 2019
—
Skye Canyon Community Assn
Remington Skye LLC
Quitclaim Deed
related
—
May 18, 2018
$7,500,000
Remington Skye LLC
Skye Canyon Marketplace LLC
Grant Deed
related
$23,000,000 · Other Institutional Lenders
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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