Back to Search
Property profile & analytics
FOR LEASE
Warehouses
1385 East Pama Ln Las Vegas, NV 89119
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-0470984
For Lease
1 / 8
$3,665,000
1385 East Pama Ln, Las Vegas, NV 89119
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1999
Construction
CONCRETE
Total area
78,331 SF
Lot
4.83 ac (210,395 SF)
APN
177-02-211-006
UPID
US62-0470984
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
-
Caltrol Inc. Production Facility
-
Suzo-Happ Distribution Center Logistics Company
-
Nifty Nickel Publications Publishing House Newspaper & Magazine
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.67M
Owner & transaction history
Usclp Nv Pama Lane LLC · 4 yrs held
Usclp Nv Pama Lane LLC
since 2021
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 Las Vegas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$47 / 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
$56,597
Tax year 2023
Assessed value
$2,697,407
Assessed 2024
Previous assessed
$2,541,003
+6.2% YoY
Effective rate
2.10%
On assessed value
Assessed land
$1,104,574
Assessed improvement
$1,592,833
Land market value
$3,155,926
Improvement market value
$4,550,951
Total market value
$7,706,877
Applied tax rate
470.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1999
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Total area
78,331 SF
Lot
4.83 ac (210,395 SF)
APN
177-02-211-006
UPID
US62-0470984
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
Building & site characteristics
From public records
Year built
1999
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
4.83 ac
Current owner
From public records · entity-resolved
Usclp Nv Pama Lane LLC
Entity
Mailing address
5500 EQUITY AVE, RENO, NV 89502-2343
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2021
—
Usclp Nv Pama Lane LLC
Dpif2 Nv 9 Pama Lane LLC
Bargain And Sale Deed
—
Aug 20, 2020
—
Dpif2 Nv 9 Pama Lane LLC
—
Deed
related
$8,216,789 · Bank Of The West
Dec 31, 2019
$13,550,000
Dpif2 Nv 9 Pama Lane LLC
Ktr Living Loan I LLC
Grant Deed
—
Dec 31, 2019
—
Ktr Living Loan I LLC
Ktr Living Loan I LLC
Correction Deed
related
—
Aug 20, 2013
$478,327
Ktr Lv Loan I LLC
South 7 LLC
Deed In Lieu Of Foreclosure
related
—
Oct 26, 2000
—
South & LLC
Railway LLC
Grant Deed
$4,752,700 · Archon Financial LP
—
—
Kte Lv Loan I LLC
—
Deed Of Trust
related
$142,000,000 · Prudential Insurance Co Americ
—
—
Dpif2 Nv 9 Pama Lane LLC
—
Deed Of Trust
related
$8,216,789 · Bank Of The West
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
