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Property profile & analytics
OFF-MARKET
Estimated value
$4,110,000
Strip malls
10895 Eastern Ave Ste 150 Henderson, NV 89052-5853
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US62-1271181
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Construction
FRAME
Total area
17,453 SF
Lot
1.49 ac (64,904 SF)
APN
177-36-616-014
UPID
US62-1271181
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
$4.11M
Owner & transaction history
Rock Ridge At Estn Hills LLC · 7 yrs held
Rock Ridge At Estn Hills LLC
since 2019
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$6,790,000
Current use
OFFICE BUILDING
$5,875,000
Change: -13% · Conversion: Moderate
Blend value · Realmo final
$4.11M
Range $3.70M – $4.52M · ±10%
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
$235 / 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
$31,760
Tax year 2023
Assessed value
$1,407,998
Assessed 2024
Previous assessed
$1,243,948
+13.2% YoY
Effective rate
2.26%
On assessed value
Assessed land
$636,059
Assessed improvement
$771,939
Land market value
$1,817,311
Improvement market value
$2,205,540
Total market value
$4,022,851
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
2005
Construction
FRAME
Heating
YES
Stories
1
Total area
17,453 SF
Lot
1.49 ac (64,904 SF)
APN
177-36-616-014
UPID
US62-1271181
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$6.8M
OFFICE BUILDING
Est. value
$5.9M
NEIGHBORHOOD: SHOPPING CENTER Current
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
2005
Construction
FRAME
Heating
YES
Stories
1
Lot
1.49 ac
Current owner
From public records · entity-resolved
Rock Ridge At Estn Hills LLC
Entity
Mailing address
2700 LAS VEGAS BLVD S UNIT #2209, LAS VEGAS, NV 89109-1164
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2019
$3,910,000
Rock Ridge At Estn Hills LLC
Ebb Vanowen Center LLC
Grant Deed
$2,830,000 · Miscellaneous Ins Co
Jun 7, 2019
—
Standard Ins Co
Rock Ridge At Estn Hills LLC
Grant Deed
related
—
Jun 25, 2018
—
Ebb Vanowen Center LLC
—
Deed
related
$2,650,000 · Readycap Com'l
Apr 11, 2018
—
Ebb Vanowen Center LLC
—
Deed
related
$2,650,000 · Readycap Com'l
Mar 19, 2014
$16,562
Ebb Vanowen Center LLC
Treasurer Of Clark County
Grant Deed
—
Feb 7, 2014
—
Ebb Vanowen Center LLC
Eastern Building B LLC
Bargain And Sale Deed
$1,850,000 · Readycap Commercial LLC
Oct 27, 2011
$1,500
Eastern Building B LLC
Victory Eastern LLC
Grant Deed
related
$1,399,714 · Meadows Bank
Jun 19, 2006
$6,047,500
Victory Eastern LLC
Qdt #1 LLC
Bargain And Sale Deed
$4,818,000 · Greenwich Capital Financial Product
—
—
Qdt Number 1 LLC
—
Deed Of Trust
related
$3,750,000 · Valley Bank
—
—
Ebb Vanowen Center LLC
—
Deed Of Trust
related
$2,650,000 · Readycap Com'l
—
—
Ebb Vanowen Center LLC
—
Deed Of Trust
related
$2,650,000 · Readycap Com'l
—
—
Victory Eastern LLC
—
Deed Of Trust
related
$1,200,000 · Spc Secured Loan Fund LLC
—
—
Luong Investment LLC
—
Deed Of Trust
related
$455,000 · Desert Community 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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