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Property profile & analytics
OFF-MARKET
Estimated value
$11,930,000
Office buildings
2400 Moser Dr Henderson, NV 89011-4490
Entity Owned
6-yr Hold
Free & Clear
Property ID
US62-0359860
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2010
Construction
CONCRETE
Total area
31,463 SF
Lot
191.46 ac (8,339,998 SF)
APN
161-36-701-005
UPID
US62-0359860
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
-
City of Henderson WWTP Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.47M
Comparable Approach
Comparable
$13.11M
Blend (final)
Blend
$11.93M
Owner & transaction history
City Of Henderson · 6 yrs held
City Of Henderson
since 2019
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$14.1M
+43.5%
Neighborhood: shopping center
$13.9M
+41.0%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$9,180,000
6.5%
$8,470,000
7%
$7,865,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$9,830,000
Current use
AUTO REPAIR, GARAGE
$14,100,000
Change: +43% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$13,860,000
Change: +41% · Conversion: Difficult
RETAIL STORES
$8,665,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$11.93M
Range $10.74M – $13.12M · ±10%
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
$379 / 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
Assessed value
$32,656,194
Assessed 2024
Previous assessed
$28,686,330
+13.8% YoY
Assessed land
$15,077,475
Assessed improvement
$17,578,719
Land market value
$43,078,500
Improvement market value
$50,224,911
Total market value
$93,303,411
Applied tax rate
523.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2010
Construction
CONCRETE
Heating
YES
Stories
1
Total area
31,463 SF
Lot
191.46 ac (8,339,998 SF)
APN
161-36-701-005
UPID
US62-0359860
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
OFFICE BUILDING Current
Est. value
$9.8M
AUTO REPAIR, GARAGE
Est. value
$14.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$13.9M
RETAIL STORES
Est. value
$8.7M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
2010
Construction
CONCRETE
Heating
YES
Stories
1
Lot
191.46 ac
Current owner
From public records · entity-resolved
City Of Henderson
Entity
Free & Clear · 6 yrs held
Mailing address
240 S WATER ST, HENDERSON, NV 89015-7227
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2019
—
City Of Henderson
City Of Henderson
Quit Claim Deed
related
—
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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