Back to Search
Property profile & analytics
OFF-MARKET
Warehouses
220 Commerce Park Ct North Las Vegas, NV 89032-7800
Entity Owned
2-yr Hold
Free & Clear
Property ID
US62-1245256
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,600 SF
Lot
0.38 ac (16,553 SF)
APN
139-10-710-006
UPID
US62-1245256
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
-
Park Pro Playgrounds Building Supply Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Raptor Properties LLC · 2 yrs held
Raptor Properties LLC
since 2023
Last sale
$1.3M
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 North Las Vegas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
—
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
$5,301
Tax year 2023
Assessed value
$211,793
Assessed 2024
Previous assessed
$190,691
+11.1% YoY
Effective rate
2.50%
On assessed value
Assessed land
$72,415
Assessed improvement
$139,378
Land market value
$206,900
Improvement market value
$398,223
Total market value
$605,123
Applied tax rate
250.0000
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
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Units
1
Total area
6,600 SF
Lot
0.38 ac (16,553 SF)
APN
139-10-710-006
UPID
US62-1245256
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
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Units
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Raptor Properties LLC
Entity
Free & Clear · 2 yrs held
Mailing address
60 S 6TH ST STE #1500, MINNEAPOLIS, MN 55402-4400
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 11, 2023
$1,310,000
Raptor Properties LLC
220 LLC
Bargain And Sale Deed
—
Apr 20, 2023
—
220 LLC
Steven K Anderson
Bargain And Sale Deed
—
Dec 29, 2021
—
Steven K Anderson
Steven K Anderson
Intrafamily Transfer
related
$637,500 · First Savings Bank
Apr 22, 2021
$850,000
Steven K Anderson
Daniel Gentil
Bargain And Sale Deed
$704,389 · Daniel Gentil
Apr 22, 2021
—
Daniel Gentil
Phyllis Gentil
Intrafamily Transfer
related
—
Mar 28, 2011
—
Daniel Gentil
Gentil,phyllis
Quit Claim Deed
related
—
Mar 28, 2011
$312,500
Daniel Gentil
E Cheyenne Ave & N Commerce St
Grant Deed
$187,500 · Bank Of Nevada
Jun 28, 2010
$350,000
E Cheyenne Ave
Ball James B
Trustees Deed
—
Apr 13, 2004
$575,000
Tower Builders LLC
Gfr Properties
Grant Deed
—
Aug 17, 2001
$450,000
Gfr Properties LLC
Petkin Trust
Grant Deed
$460,000 · Bankwest Of Nevada
Aug 26, 1999
—
Petkin Trust
Petkin Trust
Quit Claim Deed
related
$505,000 · Community Bank Nevada
May 7, 1999
$600,000
Moore Trust
Moore Trust
Grant Deed
related
—
—
—
Gfr Properties LLC
—
Deed Of Trust
related
$221,000 · Nevada State Development Corp
—
—
Tower Builders LLC
—
Deed Of Trust
related
$450,000 · Bankwest Of Nevada
—
—
Tower Builders LLC
—
Deed Of Trust
related
$572,365 · Bank Of Nevada
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 220 Commerce Park Ct?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
