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Property profile & analytics
OFF-MARKET
Estimated value
$1,530,000
Retail space
179 Gibson Rd Henderson, NV 89014-6713
Entity Owned
~
Est. High Equity
Property ID
US62-0253903
Property summary
AI-generated overview
This exceptional investment opportunity presents a 6,398-square-foot industrial warehouse located in Henderson, Nevada, at 179 N Gibson Rd, zip code 89014. The property, situated on a 0.33-acre lot, boasts a two-story building with 3,250 square feet dedicated to warehouse space and 3,148 square feet of office space. Currently zoned IG (General Industrial), this building, constructed in 2006, offers a compelling blend of functionality and location. Key features include 17-foot clear height, a grade-level door, two restrooms, and robust infrastructure with 400 amps of 3-phase power and two evaporative coolers. The office space is currently leased until December 2025, generating a monthly rental income of $6,105, increasing to $6,213.15 in October. The asking price is $2,111,340, translating to $330 per square foot. Annual property taxes for 2024 are listed at $6,237.81, with a monthly HOA fee of $258. This property represents a strong investment opportunity in a desirable Henderson location. The Clark County APN is 178-15-511-043.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Construction
CONCRETE
Total area
4,911 SF
Lot
0.33 ac (14,375 SF)
APN
178-15-511-043
UPID
US62-0253903
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
-
Bush & Associates CPA Accounting Firm
-
Briana Flanagan Real Estate Professional Real Estate Agency
-
Right Choice Solar Solar Energy Company
-
Nicole Lambertsen | Las Vegas REALTOR Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.23M
CAP Approach
CAP
$1.73M
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.53M
Owner & transaction history
179 N Gibson Road LLC
179 N Gibson Road LLC
since 2025
Last sale
$1.9M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.2M
+62.8%
Neighborhood: shopping center
$2.2M
+60.0%
Office building
$1.4M
+5.2%
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
$1,320,000
ML approach
$1,230,000
CAP Approach
CAP Return
Estimation
6%
$1,875,000
6.5%
$1,730,000
7%
$1,605,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,350,000
Current use
AUTO REPAIR, GARAGE
$2,200,000
Change: +63% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,165,000
Change: +60% · Conversion: Moderate
OFFICE BUILDING
$1,420,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$1.53M
Range $1.38M – $1.68M · ±10% · vs last sale $1.85M (Jun 10 2025)
Last sale anchor
$1.85M
Jun 10 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
$312 / 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
$5,779
Tax year 2023
Assessed value
$263,566
Assessed 2024
Previous assessed
$233,421
+12.9% YoY
Effective rate
2.19%
On assessed value
Assessed land
$77,481
Assessed improvement
$186,085
Land market value
$221,374
Improvement market value
$531,671
Total market value
$753,045
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2006
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Total area
4,911 SF
Lot
0.33 ac (14,375 SF)
APN
178-15-511-043
UPID
US62-0253903
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
$1.4M
AUTO REPAIR, GARAGE
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.2M
OFFICE BUILDING
Est. value
$1.4M
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
2006
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
179 N Gibson Road LLC
Entity
Mailing address
939 DELANEY DR, WALNUT, CA 91789-1941
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2025
$1,850,000
179 N Gibson Road LLC
Kit Cheung Chiu
Deed
—
Nov 3, 2023
—
Kit Cheung Chiu
—
Deed
related
$1,144,000 · East West Bank
Apr 6, 2022
$1,560,000
Kit Cheung Chiu
Calaycay Family Limited Partnership
Bargain And Sale Deed
$1,170,000 · First General Bank
Nov 23, 2021
$1,450,000
Calaycay Family Limited Partnership
179 Gibson LLC
Bargain And Sale Deed
—
Mar 31, 2010
$558,000
179 Gibson LLC
V & O Investments LLC
Grant Deed
$400,000 · First Security Bank
—
—
179 Gibson LLC
—
Deed Of Trust
related
$555,000 · Nevada St Bk
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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