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Property profile & analytics
OFF-MARKET
Estimated value
$8,210,000
Day care centers
11183 Eastern Ave Henderson, NV 89052-4382
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-0423220
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
20,032 SF
Lot
1.98 ac (86,249 SF)
APN
177-36-704-005
UPID
US62-0423220
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
-
Children's Learning Adventure High School Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.81M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.44M
Blend (final)
Blend
$8.21M
Owner & transaction history
Intersta 5 Firestone LLC · 4 yrs held
Intersta 5 Firestone LLC
since 2021
Last sale
$7.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$12.7M
+107.3%
Auto repair, garage
$9.0M
+46.1%
Neighborhood: shopping center
$7.8M
+26.8%
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
$9,005,000
ML approach
$8,805,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$6,145,000
Current use
RESTAURANT
$12,740,000
Change: +107% · Conversion: Difficult
AUTO REPAIR, GARAGE
$8,980,000
Change: +46% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,795,000
Change: +27% · Conversion: Difficult
OFFICE BUILDING
$6,745,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$8.21M
Range $7.39M – $9.03M · ±10% · vs last sale $7.90M (Dec 6 2021)
Last sale anchor
$7.90M
Dec 6 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
$410 / 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
$38,454
Tax year 2023
Assessed value
$1,941,643
Assessed 2024
Previous assessed
$1,730,498
+12.2% YoY
Effective rate
1.98%
On assessed value
Assessed land
$573,556
Assessed improvement
$1,368,087
Land market value
$1,638,731
Improvement market value
$3,908,820
Total market value
$5,547,551
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Total area
20,032 SF
Lot
1.98 ac (86,249 SF)
APN
177-36-704-005
UPID
US62-0423220
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
$6.1M
RESTAURANT
Est. value
$12.7M
AUTO REPAIR, GARAGE
Est. value
$9.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.8M
OFFICE BUILDING
Est. value
$6.7M
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Lot
1.98 ac
Current owner
From public records · entity-resolved
Intersta 5 Firestone LLC
Entity
Mailing address
4082 MARINA LAGOON DR, LAUGHLIN, NV 89029-0033
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2021
$7,900,000
Intersta 5 Firestone LLC
Spirit Spe Portfolio 2015 5 LLC
Bargain And Sale Deed
—
Dec 29, 2014
—
Spirit Spe Portfolio 2012-5 Ll
Spirit Master Funding Viii LLC
Quit Claim Deed
related
$4,950,000 · Western Alliance Bk
May 16, 2014
$9,900,000
Spirit Master Funding Viii LLC
Vdg Charmont LLC
Grant Deed
related
—
Apr 7, 2010
—
Vdg Charmont LLC
—
Trustees Deed
related
$6,695,725 · Community Bank Nevada
Aug 10, 2007
$2,240,000
Vdg Charmont LLC
American Dev
Grant Deed
$1,450,000 · Wilburn N & Toni Sproul
Jan 19, 2001
$1,400,000
American Medicorp Development
Milan T Trust
Grant Deed
—
Oct 28, 1999
$1,150,000
Tiberti Trust
Yee Trust
Grant Deed
$800,000 · Southwesst Exchange Corp Accou
Sep 2, 1997
$45,000
Gordon Yee
Lau Trust
Grant Deed
—
Apr 23, 1992
$102,500
Gordon Yee
Unknown
Grant Deed
—
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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