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Property profile & analytics
OFF-MARKET
Estimated value
$1,360,000
Office buildings
11155 Eastern Ave Henderson, NV 89052-4387
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US62-0253513
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Construction
FRAME
Total area
5,415 SF
Lot
2.03 ac (88,427 SF)
APN
177-36-704-004
UPID
US62-0253513
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
-
American Jewelers (Bike/Boat/Book/etc) Store
-
Capriotti's Sandwich Shop Take-out & Catering
-
Seven Hills Clothiers (Bike/Boat/Book/etc) Store
-
Mountain Side Chiropractic Alternative Medicine Practice
-
Christopher Houtakker Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.32M
Comparable Approach
Comparable
$1.35M
Blend (final)
Blend
$1.36M
Owner & transaction history
Eastern Aura River LLC · 14 yrs held
Eastern Aura River LLC
since 2011
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.1M
+15.6%
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%
$1,430,000
6.5%
$1,320,000
7%
$1,225,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,825,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,105,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$1,490,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$1.36M
Range $1.22M – $1.50M · ±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
$251 / 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
$31,515
Tax year 2023
Assessed value
$1,483,856
Assessed 2024
Previous assessed
$1,309,069
+13.4% YoY
Effective rate
2.12%
On assessed value
Assessed land
$588,040
Assessed improvement
$895,816
Land market value
$1,680,114
Improvement market value
$2,559,474
Total market value
$4,239,588
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2003
Construction
FRAME
Heating
HEAT PUMP
Buildings
4
Stories
1
Total area
5,415 SF
Lot
2.03 ac (88,427 SF)
APN
177-36-704-004
UPID
US62-0253513
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
OFFICE BUILDING Current
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
RETAIL STORES
Est. value
$1.5M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
2003
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Buildings
4
Lot
2.03 ac
Current owner
From public records · entity-resolved
Eastern Aura River LLC
Entity
Mailing address
10120 S EASTERN AVE #240, HENDERSON, NV 89052-3951
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2022
—
Eastern Aura River LLC
—
Deed
related
$1,433,598 · Fig Tree Capital LLC
Apr 3, 2012
—
Eastern Aura River LLC
—
Deed Of Trust
related
$4,678,959 · Master International Corp
Aug 2, 2011
$1,550,000
Eastern Aura River LLC
First American Title Ins
Trustees Deed
—
Jan 26, 2004
—
Yuco LLC
Golden Millennium LLC
Grant Deed
$6,600,000 · Merrill Lynch Mortgage Lending
Dec 27, 2001
—
Golden Millennium LLC
—
Grant Deed
related
$5,940,000 · Nevada State Bank
May 21, 1999
—
Golden Millennium LLC
Yu,chiu-shing
Grant Deed
related
—
Oct 16, 1991
$92,000
Chow Tony W
Unknown
Grant Deed
—
—
—
Golden Millenium LLC
—
Deed Of Trust
related
$450,000 · Sun West 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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