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Property profile & analytics
OFF-MARKET
Estimated value
$5,470,000
Day care centers
9975 Placid St Las Vegas, NV 89183-4431
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US62-0475271
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2006
Construction
FRAME
Total area
12,634 SF
Lot
2.5 ac (108,900 SF)
APN
177-28-601-004
UPID
US62-0475271
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
-
Seton Academy High School Daycare Center
-
Primrose School of Las Vegas at Silverado Ranch Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.08M
Blend (final)
Blend
$5.47M
Owner & transaction history
United States Small Business Admin · 2 yrs held
United States Small Business Admin
since 2024
Last sale
$5.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.1M
+145.1%
Commercial (general)
$8.0M
+115.1%
Auto repair, garage
$7.0M
+88.9%
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
$5,470,000
ML approach
$5,470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$3,715,000
Current use
RESTAURANT
$9,105,000
Change: +145% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,990,000
Change: +115% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,015,000
Change: +89% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,485,000
Change: +48% · Conversion: Difficult
RETAIL STORES
$4,725,000
Change: +27% · Conversion: Difficult
OFFICE BUILDING
$3,825,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$5.47M
Range $4.92M – $6.02M · ±10% · vs last sale $5.47M (Feb 16 2024)
Last sale anchor
$5.47M
Feb 16 2024
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
$433 / 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
$23,812
Tax year 2023
Assessed value
$958,687
Assessed 2024
Previous assessed
$883,728
+8.5% YoY
Effective rate
2.48%
On assessed value
Assessed land
$192,500
Assessed improvement
$766,187
Land market value
$550,000
Improvement market value
$2,189,106
Total market value
$2,739,106
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2006
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
12,634 SF
Lot
2.5 ac (108,900 SF)
APN
177-28-601-004
UPID
US62-0475271
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
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$3.7M
RESTAURANT
Est. value
$9.1M
COMMERCIAL (GENERAL)
Est. value
$8.0M
AUTO REPAIR, GARAGE
Est. value
$7.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.5M
RETAIL STORES
Est. value
$4.7M
OFFICE BUILDING
Est. value
$3.8M
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
2006
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
2.5 ac
Current owner
From public records · entity-resolved
United States Small Business Admin
Individual
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2024
—
United States Small Business Admin
Primlv Campbell LLC
Assignment Of Lease (leasehold Sale)
$1,960,000 · The Mortgage Capital Development Corp
Feb 16, 2024
$5,470,000
Primlv Placid LLC
Eig14t Pri Ne Seton E LLC
Bargain And Sale Deed
$2,735,000 · Bank Of America NA
Jul 12, 2022
$3,725,000
Eig14t Prinv Seton E LLC
Seton Academy INC
Bargain And Sale Deed
related
$4,680,000 · Radar Capital Partners LLC
Jan 17, 2017
—
Seton Academy INC
—
Deed
related
$1,230,514 · Wells Fargo Bk
Oct 24, 2005
—
Seton Academy INC
Mary Jane Hayes
Quit Claim Deed
related
$1,787,500 · Wells Fargo Bank NA
May 28, 2004
$500,000
Drago Survivors Trust
Wettmarshausen R E & J T Trust P
Grant Deed
—
—
—
Seton Academy INC
—
Loan Modification
related
$1,230,514 · 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.
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