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Property profile & analytics
OFF-MARKET
Estimated value
$1,030,000
Office buildings
1528 Warm Spgs Rd Ste 120 Henderson, NV 89014-4332
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US62-0473980
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Construction
FRAME
Total area
3,715 SF
Lot
0.09 ac (3,715 SF)
APN
178-04-814-020
UPID
US62-0473980
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
$1.06M
CAP Approach
CAP
$1.00M
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$1.03M
Owner & transaction history
Doyle Capital LLC · 1 yrs held
Doyle Capital LLC
since 2025
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.7M
+54.8%
Neighborhood: shopping center
$1.6M
+52.1%
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
$975,000
ML approach
$1,060,000
CAP Approach
CAP Return
Estimation
6%
$1,085,000
6.5%
$1,000,000
7%
$930,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,075,000
Current use
AUTO REPAIR, GARAGE
$1,665,000
Change: +55% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,635,000
Change: +52% · Conversion: Difficult
RETAIL STORES
$1,025,000
Change: -5% · Conversion: Moderate
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±10% · vs last sale $1.30M (Feb 13 2025)
Last sale anchor
$1.30M
Feb 13 2025
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
$277 / 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
$5,289
Tax year 2023
Assessed value
$198,251
Assessed 2024
Previous assessed
$178,601
+11.0% YoY
Effective rate
2.67%
On assessed value
Assessed land
$14,303
Assessed improvement
$183,948
Land market value
$40,866
Improvement market value
$525,566
Total market value
$566,432
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2007
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Total area
3,715 SF
Lot
0.09 ac (3,715 SF)
APN
178-04-814-020
UPID
US62-0473980
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
OFFICE BUILDING Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
RETAIL STORES
Est. value
$1.0M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
2007
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Doyle Capital LLC
Entity
Mailing address
1528 W WARM SPGS RD STE #120, HENDERSON, NV 89014-4332
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2025
—
Doyle Capital LLC
—
Deed
related
$599,000 · Nevada State Development Corporation
Feb 13, 2025
$1,300,000
Doyle Capital LLC
3tfm Nevada Investments LLC
Bargain & Sale Deed
$727,500 · Clark County Cu
Jun 27, 2019
—
3tfrm Nevada Investments LLC
—
Deed
related
$270,000 · Berke Family Trust (pt)
May 3, 2012
—
3tfm Nevada Investments LLC
Warm Springs & Stephanie
Grant Deed
related
—
Apr 30, 2012
$390,000
Medical Innovations & Training
Warm Springs & Stephanine Offi
Grant Deed
—
May 20, 2008
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
3tfrm Nevada Investments LLC
—
Deed Of Trust
related
$270,000 · Berke Family Trust (pt)
—
—
3tfm Nevada Investments LLC
—
Deed Of Trust
related
$368,000 · Wells Fargo Bk
—
—
3tfm Nevada Investments LLC
—
Deed Of Trust
related
$292,500 · Wells Fargo Bank
—
—
Warm Springs
—
Deed Of Trust
related
$250,000 · Charles Lindgren 401k
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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