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Property profile & analytics
OFF-MARKET
Auto shops
240 Sunpac Ave Henderson, NV 89011-4436
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-0224236
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,000 SF
Lot
0.52 ac (22,651 SF)
APN
178-01-511-074
UPID
US62-0224236
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
-
Choice Equipment Big Box & Wholesale Store Agricultural Supply
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
Jpax Properties LLC · 8 yrs held
Jpax Properties LLC
since 2018
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 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
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
$6,094
Tax year 2023
Assessed value
$248,441
Assessed 2024
Previous assessed
$215,029
+15.5% YoY
Effective rate
2.45%
On assessed value
Assessed land
$79,279
Assessed improvement
$169,162
Land market value
$226,511
Improvement market value
$483,320
Total market value
$709,831
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Total area
6,000 SF
Lot
0.52 ac (22,651 SF)
APN
178-01-511-074
UPID
US62-0224236
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
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Jpax Properties LLC
Entity
Mailing address
17602 17TH ST STE #102, TUSTIN, CA 92780-7915
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2018
—
Jpax Properties LLC
Sanders Prop Mgmt LLC
Grant Deed
related
$1,900,000 · First Svgs Bk
Apr 2, 2018
$2,995,000
Jpax Properties LLC
Sanders Property Management LLC
Bargain And Sale Deed
$1,900,000 · First Savings Bank
Sep 26, 2017
—
Blast West LLC
—
Grant Deed
related
$1,059,075 · People's United Equipment Fin
Nov 19, 2012
$30,750
Sanders Property Mgt LLC
Treasurer Of Clark County
Grant Deed
—
Jun 8, 2011
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Mar 8, 2006
$1,170,000
Sanders Property Mgmt LLC
340 Sunpac LLC
Grant Deed
$950,000 · Merchants Bank Of California
Oct 16, 2002
$525,000
340 Sunpac LLC
Wood,tr
Grant Deed
$525,000 · Silver State Bank
Dec 20, 2001
$535,000
Err & Associates LLC
Wood Trust
Grant Deed
$285,000 · Wood Trust
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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