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Property profile & analytics
OFF-MARKET
Estimated value
$4,010,000
Community centers
1570 Horizon Rdg Pkwy Ste 170 Henderson, NV 89012-3506
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US62-0254819
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2008
Construction
FRAME
Total area
13,673 SF
Lot
2.56 ac (111,514 SF)
APN
178-21-715-001
UPID
US62-0254819
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
by Request
CAP Approach
CAP
$5.16M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.01M
Owner & transaction history
New Cingular Wireless Pcs LLC · 2 yrs held
New Cingular Wireless Pcs LLC
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.1M
+1.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,590,000
6.5%
$5,160,000
7%
$4,790,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$6,020,000
Current use
AUTO REPAIR, GARAGE
$6,130,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$4.01M
Range $3.61M – $4.41M · ±10%
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
$293 / 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
$47,993
Tax year 2023
Assessed value
$1,868,894
Assessed 2024
Previous assessed
$1,710,778
+9.2% YoY
Effective rate
2.57%
On assessed value
Assessed land
$604,963
Assessed improvement
$1,263,931
Land market value
$1,728,466
Improvement market value
$3,611,231
Total market value
$5,339,697
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2008
Construction
FRAME
Heating
YES
Buildings
2
Stories
1
Total area
13,673 SF
Lot
2.56 ac (111,514 SF)
APN
178-21-715-001
UPID
US62-0254819
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$6.0M
AUTO REPAIR, GARAGE
Est. value
$6.1M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
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
2008
Construction
FRAME
Heating
YES
Stories
1
Buildings
2
Lot
2.56 ac
Current owner
From public records · entity-resolved
New Cingular Wireless Pcs LLC
Entity
Mailing address
1025 LENOX PARK BLVD, BROOKHAVEN, GA 30319-5309
Ownership since
2023
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
Dec 28, 2023
—
New Cingular Wireless Pcs LLC
Amador Plaza LLC
Lease
—
Dec 29, 2011
$2,600,000
Amador Plaza LLC
Bolv Real Estate Holdings LLC
Grant Deed
—
Apr 27, 2011
—
Bolv Real Estate Holdings LLC
Bank Of Las Vegas
Grant Deed
related
—
Jan 7, 2011
—
Bank Of Las Vegas
Teflo Holdings LLC
Deed In Lieu Of Foreclosure
related
—
Jan 7, 2000
$435,000
Gary Duke
Rst LLC
Grant Deed
—
Nov 23, 1998
$810,000
Rst LLC
Hinkell,john M
Grant Deed
$677,000 · Del Mar Mortgage INC
—
—
Teflo Holdings LLC
—
Deed Of Trust
related
$6,300,000 · Black Mountain Community Bank
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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