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Property profile & analytics
OFF-MARKET
Estimated value
$14,455,000
Distribution centers
3679 Civic Ctr Dr North Las Vegas, NV 89030-4444
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US62-0535383
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2020
Construction
CONCRETE
Total area
118,069 SF
Lot
5.76 ac (250,906 SF)
APN
139-12-201-011
UPID
US62-0535383
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
-
PPE - Pacific Performance Engineering Industrial Manufacturer Production Facility
-
Pacific Performance Engineering Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.97M
CAP Approach
CAP
$16.09M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.46M
Owner & transaction history
Brothers Property Management LLC · 5 yrs held
Brothers Property Management LLC
since 2021
Last sale
$14.5M
6 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 North Las Vegas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
$12,660,000
ML approach
$9,970,000
CAP Approach
CAP Return
Estimation
6%
$17,430,000
6.5%
$16,090,000
7%
$14,940,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$23,590,000
Current use
Blend value · Realmo final
$14.46M
Range $13.01M – $15.90M · ±10% · vs last sale $14.53M (Mar 24 2021)
Last sale anchor
$14.53M
Mar 24 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
$122 / 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
$166,869
Tax year 2023
Assessed value
$6,145,952
Assessed 2024
Previous assessed
$5,549,993
+10.7% YoY
Effective rate
2.72%
On assessed value
Assessed land
$1,097,714
Assessed improvement
$5,048,238
Land market value
$3,136,326
Improvement market value
$14,423,537
Total market value
$17,559,863
Applied tax rate
250.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2020
Construction
CONCRETE
Heating
YES
Cooling
EVAPORATIVE
Stories
1
Total area
118,069 SF
Lot
5.76 ac (250,906 SF)
APN
139-12-201-011
UPID
US62-0535383
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
WAREHOUSE, STORAGE Current
Est. value
$23.6M
WAREHOUSE, STORAGE Current
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
2020
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Lot
5.76 ac
Current owner
From public records · entity-resolved
Brothers Property Management LLC
Entity
Mailing address
1309 COFFEEN AVE #2063, SHERIDAN, WY 82801-5777
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2021
—
Brothers Property Management LLC
Civic Center Industrial Owner LLC
Re-recorded Document
related
—
Mar 24, 2021
$14,531,925
Brothers Property Management LLC
Civic Center Industrial Owner LLC
Bargain And Sale Deed
$4,500,000 · Bank Of The West
Nov 25, 2019
$2,470,034
Civic Ctr Indl Owner LLC
Quail Avenue LLC
Grant Deed
—
Nov 30, 2005
$2,732,170
Quail Avenue LLC
Stone Mountain Management LLC
Grant Deed
—
Jun 30, 2000
$1,569,500
Stone Mountain Management LLC
Dermody Properties
Grant Deed
$1,800,000 · First Security Bank
—
—
Quail Avenue LLC
—
Deed Of Trust
related
$1,380,000 · City National Bank
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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