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Property profile & analytics
OFF-MARKET
Estimated value
$1,400,000
Warehouses
1940 Ramrod Ave Henderson, NV 89014-2313
Entity Owned
3-yr Hold
Free & Clear
Property ID
US62-0344356
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1982
Construction
STEEL FRAME
Total area
36,400 SF
Lot
2.35 ac (102,366 SF)
APN
161-32-701-021
UPID
US62-0344356
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
-
Mountain Vista Mini Storage Storage Facility
-
Mobile Auto Spa Car Wash
-
Wild Card Services LLC General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.38M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.59M
Blend (final)
Blend
$1.40M
Owner & transaction history
Mountain Vista Mini Storage Nv LLC · 3 yrs held
Mountain Vista Mini Storage Nv LLC
since 2023
Last sale
$1.4M
6 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
Method
Estimation
Statistic approach
$1,240,000
ML approach
$1,380,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.40M
Range $1.26M – $1.54M · ±10% · vs last sale $1.40M (Mar 29 2023)
Last sale anchor
$1.40M
Mar 29 2023
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
$38 / 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
$13,796
Tax year 2023
Assessed value
$707,318
Assessed 2024
Previous assessed
$608,855
+16.2% YoY
Effective rate
1.95%
On assessed value
Assessed land
$429,937
Assessed improvement
$277,381
Land market value
$1,228,391
Improvement market value
$792,517
Total market value
$2,020,908
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1982
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Units
149
Total area
36,400 SF
Lot
2.35 ac (102,366 SF)
APN
161-32-701-021
UPID
US62-0344356
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
1982
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Units
149
Lot
2.35 ac
Current owner
From public records · entity-resolved
Mountain Vista Mini Storage Nv LLC
Entity
Free & Clear · 3 yrs held
Mailing address
9515 HILLWOOD DR, LAS VEGAS, NV 89134-0527
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2023
—
Mountain Vista Mini Storage Nv LLC
—
Deed
related
$1,550,000 · Peoples State Bank
Mar 29, 2023
$1,400,000
Mountain Vista Mini Storage Nv LLC
Mountain Vista Storage LLC
Bargain And Sale Deed
—
Mar 29, 2023
—
Mountain Vista Storage Ltd Liabilit
Mary Lee Wheeler
Bargain And Sale Deed
—
Dec 2, 1998
$1,030,500
Wray L Wheeler
Wheeler Enterprises
Grant Deed
related
$235,000 · Bankwest Of Nevada
Feb 28, 1995
$17,000
Wheeler Enterprises
Wheeler Trust
Grant Deed
related
—
Sep 16, 1988
$190,000
Wheeler Enterprises
Unknown
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.
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