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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Retail space
1765 Athol Ave Henderson, NV 89011-4007
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-0201227
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1988
Construction
FRAME
Total area
1,600 SF
Lot
0.24 ac (10,454 SF)
APN
178-01-301-007
UPID
US62-0201227
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
-
Grease Monkey Garage South Auto Repair Shop
-
A Best Auto Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$705k
CAP Approach
CAP
$565k
Comparable Approach
Comparable
$400k
Blend (final)
Blend
$630k
Owner & transaction history
Julio Anthony Orozco · 4 yrs held
Julio Anthony Orozco
since 2021
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$715,000
+62.8%
Neighborhood: shopping center
$705,000
+60.0%
Office building
$500,000
+13.4%
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
$685,000
ML approach
$705,000
CAP Approach
CAP Return
Estimation
6%
$610,000
6.5%
$565,000
7%
$525,000
Alternative Use
Use
Estimation
RETAIL STORES
$440,000
Current use
AUTO REPAIR, GARAGE
$715,000
Change: +63% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$705,000
Change: +60% · Conversion: Moderate
OFFICE BUILDING
$500,000
Change: +13% · Conversion: Easy
Blend value · Realmo final
$630k
Range $567k – $693k · ±10% · vs last sale $600k (Dec 16 2021)
Last sale anchor
$600k
Dec 16 2021
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
$394 / 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
$1,126
Tax year 2023
Assessed value
$65,137
Assessed 2024
Previous assessed
$63,162
+3.1% YoY
Effective rate
1.73%
On assessed value
Assessed land
$43,907
Assessed improvement
$21,230
Land market value
$125,449
Improvement market value
$60,657
Total market value
$186,106
Applied tax rate
521.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1988
Construction
FRAME
Heating
NONE
Stories
1
Total area
1,600 SF
Lot
0.24 ac (10,454 SF)
APN
178-01-301-007
UPID
US62-0201227
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
RETAIL STORES Current
Est. value
$440,000
AUTO REPAIR, GARAGE
Est. value
$715,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$705,000
OFFICE BUILDING
Est. value
$500,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1988
Construction
FRAME
Heating
NONE
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Julio Anthony Orozco
Individual
Mailing address
201 S GIBSON RD APT #1211, HENDERSON, NV 89012-2660
Ownership since
2021
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
Dec 16, 2021
$600,000
Julio Anthony Orozco
Charles J Phoenix
Bargain And Sale Deed
$509,000 · Charles J Pheonix Trust
Dec 7, 2018
—
Phoenix,charles J Trust
—
Deed
related
$70,000 · Mitchell Grief
Oct 8, 2002
$195,000
Phoenix,tr
Mi R Holdings LLC
Grant Deed
$172,100 · Silver State Bank
May 6, 2002
$129,896
Midbar Holdings LLC
Zapien,martin & Maria
Trustees Deed
related
—
Oct 24, 2000
—
Martin Zapien
Zapien,martin
Quit Claim Deed
related
$120,000 · Valley Bank
Aug 13, 1999
—
Martin Zapien
Cajeme's INC
Grant Deed
related
—
Sep 29, 1998
$175,000
Cajeme's INC
Perkins Trust
Grant Deed
$160,000 · Seller
Oct 30, 1991
$160,000
Kenneth P Perkins
Unknown
Grant Deed
—
—
—
Phoenix,charles J Trust
—
Deed Of Trust
related
$70,000 · Mitchell Grief
—
—
Phoenix,tr
—
Deed Of Trust
related
$472,400 · Silver State 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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