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Property profile & analytics
OFF-MARKET
Warehouses
1400 Main St Las Vegas, NV 89104-1120
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-0242534
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1937
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,837 SF
Lot
0.34 ac (14,810 SF)
APN
162-03-210-021
UPID
US62-0242534
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
-
Mid Mod Crisis Vintage Furniture Home Decor Store Furniture & Home Goods
-
Mintless Home Decor Store (Bike/Boat/Book/etc) Store
-
18b The Las Vegas Arts District Theater & Performing Art Venue
-
Main Street Peddlers Antique Mall Home Decor Store (Bike/Boat/Book/etc) Store
-
Tiki Lee's Tiki Shop Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jart Vegas LLC · 6 yrs held
Jart Vegas LLC
since 2019
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
—
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
$3,481
Tax year 2023
Assessed value
$205,163
Assessed 2024
Previous assessed
$195,282
+5.1% YoY
Effective rate
1.70%
On assessed value
Assessed land
$129,588
Assessed improvement
$75,575
Land market value
$370,251
Improvement market value
$215,929
Total market value
$586,180
Applied tax rate
203.0000
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
Off-Market
Year built
1937
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Buildings
2
Stories
1
Total area
5,837 SF
Lot
0.34 ac (14,810 SF)
APN
162-03-210-021
UPID
US62-0242534
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
1937
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
2
Lot
0.34 ac
Current owner
From public records · entity-resolved
Jart Vegas LLC
Entity
Mailing address
323 E MAIN ST, ALHAMBRA, CA 91801-3958
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2021
—
Jart Vegas LLC
—
Deed
related
$820,000 · Mega Bank
Aug 13, 2019
—
Jart Vegas LLC
Galloway Family Trust
Correction Deed
related
$1,000,000 · Galloway Family Trust (pt)
Aug 1, 2019
$1,680,000
Jart LLC
Galloway Family Trust
Grant Deed
$1,000,000 · Galloway Family Trust (pt)
Nov 7, 2008
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Feb 18, 1993
$400,000
Galloway Family Trust
Unknown
Grant Deed
—
—
—
Galloway Trust
—
Deed Of Trust
related
$249,805 · Bankwest Of Nevada
—
—
Jart Vegas LLC
—
Deed Of Trust
related
$1,000,000 · Galloway Family Trust (pt)
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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