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Property profile & analytics
OFF-MARKET
Estimated value
$8,810,000
Strip malls
1321 Sunset Rd Henderson, NV 89014-6767
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-1281022
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2003
Construction
FRAME
Total area
7,400 SF
Lot
0.75 ac (32,670 SF)
APN
178-03-310-013
UPID
US62-1281022
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
-
Jimmy John's Take-out & Catering
-
Five Guys Restaurant Take-out & Catering
-
jet s pizza Take-out & Catering
-
Urbane Cafe Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.91M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.81M
Owner & transaction history
Manj LLC · 4 yrs held
Manj LLC
since 2022
Last sale
$9.6M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$7.1M
+116.9%
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
$8,130,000
ML approach
$7,910,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,070,000
Change: +117% · Conversion: Easy
Blend value · Realmo final
$8.81M
Range $7.93M – $9.69M · ±10% · vs last sale $9.60M (Jun 14 2022)
Last sale anchor
$9.60M
Jun 14 2022
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
$1,191 / 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
$13,561
Tax year 2023
Assessed value
$523,359
Assessed 2024
Previous assessed
$468,683
+11.7% YoY
Effective rate
2.59%
On assessed value
Assessed land
$217,256
Assessed improvement
$306,103
Land market value
$620,731
Improvement market value
$874,580
Total market value
$1,495,311
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
2003
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Total area
7,400 SF
Lot
0.75 ac (32,670 SF)
APN
178-03-310-013
UPID
US62-1281022
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
COMMERCIAL (GENERAL)
Est. value
$7.1M
COMMERCIAL (GENERAL)
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
Lot
0.75 ac
Current owner
From public records · entity-resolved
Manj LLC
Entity
Mailing address
2713 RED ARROW DR, LAS VEGAS, NV 89135-1621
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2022
$9,600,000
Manj LLC
Gloamin Holdings LLC
Bargain And Sale Deed
$6,240,000 · Calprivate Bank
Nov 21, 2014
$7,600,000
Gloamin Holdings LLC
Sunset La Mesa Partners LLC
Grant Deed
related
—
Jun 17, 2005
$8,750,000
Sunset La Mesa Partners LLC
Whk LLC
Bargain And Sale Deed
$5,600,000 · Arbor Realty SR INC
Jun 10, 2004
$4,358,280
Wiik LLC
Weslore Henderson LLC
Grant Deed
$4,900,000 · Nevada State Bank
—
—
Gloamin Holdings LLC
—
Deed Of Trust
related
$5,737,500 · Bellco Cu
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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