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Property profile & analytics
OFF-MARKET
Estimated value
$2,000,000
Industrial properties
1151 Delhi Ave North Las Vegas, NV 89030-8009
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US62-0495446
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
1971
Construction
METAL FRAME
Total area
19,200 SF
Lot
2.27 ac (98,881 SF)
APN
139-11-303-002
UPID
US62-0495446
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
$2.00M
CAP Approach
CAP
$2.16M
Comparable Approach
Comparable
$2.68M
Blend (final)
Blend
$2.00M
Owner & transaction history
Nvdd Holding Rp 7 LLC · 2 yrs held
Nvdd Holding Rp 7 LLC
since 2024
Last sale
$2.0M
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
$2,000,000
ML approach
$2,000,000
CAP Approach
CAP Return
Estimation
6%
$2,335,000
6.5%
$2,155,000
7%
$2,000,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,145,000
Current use
Blend value · Realmo final
$2.00M
Range $1.80M – $2.20M · ±10% · vs last sale $2.00M (Mar 11 2024)
Last sale anchor
$2.00M
Mar 11 2024
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
$104 / 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
$7,938
Tax year 2023
Assessed value
$544,122
Assessed 2024
Previous assessed
$510,874
+6.5% YoY
Effective rate
1.46%
On assessed value
Assessed land
$411,147
Assessed improvement
$132,975
Land market value
$1,174,706
Improvement market value
$379,929
Total market value
$1,554,635
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
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
Off-Market
Year built
1971
Construction
METAL FRAME
Heating
NONE
Stories
1
Total area
19,200 SF
Lot
2.27 ac (98,881 SF)
APN
139-11-303-002
UPID
US62-0495446
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
INDUSTRIAL (GENERAL) Current
Est. value
$3.1M
INDUSTRIAL (GENERAL) 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
1971
Construction
METAL FRAME
Heating
NONE
Stories
1
Lot
2.27 ac
Current owner
From public records · entity-resolved
Nvdd Holding Rp 7 LLC
Entity
Mailing address
1364 N HOLLYWOOD BLVD #891, LAS VEGAS, NV 89110-2026
Ownership since
2024
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
Mar 11, 2024
$2,000,000
Nvdd Holding Rp 7 LLC
Pansit Charupoom
Bargain And Sale Deed
$1,000,000 · Pannee Mcmackin
Aug 15, 2023
—
Pannee L Mcmackin
—
Deed
related
—
Jun 13, 2023
—
Mcmackin Pannee L Seperate Property
County Of Clark
Public Action
related
—
Aug 15, 2014
$2,250,000
Rns 360 LLC
Mcmackin Pannee L Trust
Grant Deed
$2,250,000 · Mcmackin Pannee L Trust (pt)
Aug 15, 2006
$1,300,000
Solomon Kimber & Foley LLC
Ragsdale 1977 Trust
Grant Deed
$1,450,000 · Michael D White
Aug 15, 2006
$2,471,515
Mcmackin Pannee L Trust
Solomon Kimber & Foley LLC
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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