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Property profile & analytics
OFF-MARKET
Estimated value
$2,135,000
Strip malls
16 Horizon Rdg Pkwy Henderson, NV 89012-5334
Entity Owned
17-yr Hold
Free & Clear
Property ID
US62-1102228
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Construction
FRAME
Total area
8,400 SF
Lot
1.24 ac (54,014 SF)
APN
179-30-114-011
UPID
US62-1102228
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
-
Zen Cleaners (Bike/Boat/Book/etc) Store
-
TitleMax Title Loans Loan Service
-
101 Barbershop Barber Shop
-
The Sushi Restaurant
-
Nail Boutique Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.14M
Owner & transaction history
Nmj Properties LLC · 17 yrs held
Nmj Properties LLC
since 2008
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$254 / 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
$16,188
Tax year 2023
Assessed value
$809,454
Assessed 2024
Previous assessed
$763,148
+6.1% YoY
Effective rate
2.00%
On assessed value
Assessed land
$434,813
Assessed improvement
$374,641
Land market value
$1,242,323
Improvement market value
$1,070,403
Total market value
$2,312,726
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
2005
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Total area
8,400 SF
Lot
1.24 ac (54,014 SF)
APN
179-30-114-011
UPID
US62-1102228
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
2005
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Lot
1.24 ac
Current owner
From public records · entity-resolved
Nmj Properties LLC
Entity
Free & Clear · 17 yrs held
Mailing address
11365 SW CLIFFORD ST, BEAVERTON, OR 97008-5940
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2018
—
Nmj Properties LLC
—
Deed
related
$1,900,000 · Miscellaneous Ins Co
Mar 8, 2018
—
Nmj Properties LLC
—
Deed
related
$2,350,000 · Bank Of America California NA
Dec 11, 2008
$3,350,000
Nmj Properties LLC
Dmr Investments
Grant Deed
—
Nov 21, 2007
$3,130,000
Dmr Investments
Hvs Retail LLC
Grant Deed
—
Nov 21, 2007
—
Rolland L Fitzgerald
Fitzgerald,barbara A
Quit Claim Deed
related
$2,350,000 · First Republic Bank
Apr 21, 2005
—
Hvs Retail LLC
Horizon Junction LLC
Grant Deed
$1,800,000 · Nevada State Bank
—
—
Hvs Retail LLC
—
Deed Of Trust
related
$1,800,000 · First Security Bank
—
—
Nmj Properties LLC
—
Loan Modification
related
$2,350,000 · Bank Of America California NA
—
—
Nmj Properties LLC
—
Deed Of Trust
related
$1,900,000 · Miscellaneous Ins Co
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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