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Property profile & analytics
OFF-MARKET
Estimated value
$5,710,000
Warehouses
1624 Mojave Rd Las Vegas, NV 89104-4542
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US62-1254398
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1965
Construction
CONCRETE
Total area
87,388 SF
Lot
4.35 ac (189,486 SF)
APN
162-01-602-004
UPID
US62-1254398
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
-
Quality Iron Inc. Factory Production Facility
-
GardaWorld Security Service
-
Mojave Ridge Industrial Park Business Park
-
Oro Logistics LLC Storage Facility
-
Nano Hearing Aids Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.71M
Owner & transaction history
Lv Mojave Owner LLC · 2 yrs held
Lv Mojave Owner LLC
since 2024
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
$65 / 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
$26,169
Tax year 2023
Assessed value
$1,047,297
Assessed 2024
Previous assessed
$911,400
+14.9% YoY
Effective rate
2.50%
On assessed value
Assessed land
$417,817
Assessed improvement
$629,480
Land market value
$1,193,763
Improvement market value
$1,798,514
Total market value
$2,992,277
Applied tax rate
340.0000
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
1965
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Total area
87,388 SF
Lot
4.35 ac (189,486 SF)
APN
162-01-602-004
UPID
US62-1254398
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
1965
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
4.35 ac
Current owner
From public records · entity-resolved
Lv Mojave Owner LLC
Entity
Mailing address
110 W A ST #1125, SAN DIEGO, CA 92101-3711
Ownership since
2024
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
Jan 26, 2024
—
Lv Mojave Owner LLC
Mojave 15 LLC
Re-recorded Document
related
$15,598,000 · East West Bank
Oct 18, 2023
—
Lv Mojave Owner LLC
Mojave 15 LLC
Bargain And Sale Deed
—
Jul 14, 2023
$25,500,000
Lv Mojave Owner LLC
Mojave 15 LLC
Grant Deed
$15,598,000 · East West Bank
Dec 1, 2017
—
Mojave 15 LLC
—
Grant Deed
related
$7,000,000 · Miscellaneous Ins Co
May 17, 2005
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
May 6, 2005
$8,000,000
Mojave 15 LLC
Rams Head Properties LLC
Grant Deed
$6,000,000 · Rams Horn Properties LLC
Sep 30, 2003
$5,000,000
Rams Head Properties LLC
Gambarana,tr
Grant Deed
—
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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