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Property profile & analytics
OFF-MARKET
Estimated value
$5,800,000
Strip malls
10870 Eastern Ave Ste 105 Henderson, NV 89052-5705
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US62-0034775
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2002
Construction
FRAME
Total area
30,000 SF
Lot
1.86 ac (81,022 SF)
APN
178-31-124-003
UPID
US62-0034775
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.80M
Owner & transaction history
Sunridge Heights Lllp · 8 yrs held
Sunridge Heights Lllp
since 2018
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 Henderson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Henderson 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$193 / 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
$37,561
Tax year 2023
Assessed value
$1,678,929
Assessed 2024
Previous assessed
$1,467,814
+14.4% YoY
Effective rate
2.24%
On assessed value
Assessed land
$538,796
Assessed improvement
$1,140,133
Land market value
$1,539,417
Improvement market value
$3,257,523
Total market value
$4,796,940
Applied tax rate
505.0000
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
2002
Construction
FRAME
Heating
YES
Stories
1
Total area
30,000 SF
Lot
1.86 ac (81,022 SF)
APN
178-31-124-003
UPID
US62-0034775
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
2002
Construction
FRAME
Heating
YES
Stories
1
Lot
1.86 ac
Current owner
From public records · entity-resolved
Sunridge Heights Lllp
Entity
Mailing address
3219 E CAMELBACK RD #140, PHOENIX, AZ 85018-2307
Ownership since
2018
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
Sep 23, 2022
—
Sunridge Heights Lllp
—
Deed
related
$5,000,000 · First Technology Federal Cu
May 18, 2018
$5,985,000
Sunridge Heights Lllp
Eastern 10890 LLC
Grant Deed
$4,400,000 · Miscellaneous Ins Co
May 18, 2018
—
Standard Ins Co
Sunridge Heights Lllp
Grant Deed
related
—
Oct 16, 2013
$3,225,000
Eastern 10890 LLC
Vegas Group LLC
Bargain And Sale Deed
$3,300,000 · Olympic III
Jun 5, 2012
—
Vegas Group LLC
—
Grant Deed
related
$3,250,000 · Fidelity Coastal Fndg Co INC
Feb 14, 2012
—
Vegas Group LLC
Bristol 423 LP
Grant Deed
related
—
Jun 28, 2011
$2,152,500
Bristol 423 LP
Csfb 2005-c1 Henderson Retail
Grant Deed
—
Jan 28, 2011
$1,190,000
Csfb 2005-c1 Henderson Retail
First American Title Ins
Trustees Deed
—
Dec 1, 2004
—
Moussa Golshan
Golshan,louise
Quit Claim Deed
related
—
Dec 1, 2004
$7,325,500
Kaufman Lancaster Props-de LLC
Sunridge 26 LLC
Grant Deed
$6,000,000 · Column Financial INC
—
—
Eastern 10890 LLC
—
Deed Of Trust
related
$2,100,000 · Mutual/omaha 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.
Try Rey
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