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Property profile & analytics
OFF-MARKET
Estimated value
$4,240,000
Manufacturing properties
2475 Chandler Ave Las Vegas, NV 89120-4013
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US62-0348672
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1984
Construction
CONCRETE
Total area
22,946 SF
Lot
1.33 ac (57,935 SF)
APN
162-36-410-014
UPID
US62-0348672
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
-
ColorUp Printing & Wraps, LLC (Bike/Boat/Book/etc) Store Printing Service
-
G & V Slot Repairs and Services Electronics & Wireless Store Computer & Electronic Repair
-
Smuggle Your Booze Big Box & Wholesale Store
-
Proud 50 Tattoo & Piercing Shop
-
Credit Source One Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.12M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.30M
Blend (final)
Blend
$4.24M
Owner & transaction history
Chandler Ave Investments LLC · 1 yrs held
Chandler Ave Investments LLC
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$6.3M
+1.5%
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 Las Vegas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
Method
Estimation
Statistic approach
$4,300,000
ML approach
$4,120,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$6,225,000
Current use
MEDICAL BUILDING
$6,315,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$4.24M
Range $3.82M – $4.66M · ±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
$185 / 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
$13,934
Tax year 2023
Assessed value
$555,216
Assessed 2024
Previous assessed
$483,589
+14.8% YoY
Effective rate
2.51%
On assessed value
Assessed land
$202,773
Assessed improvement
$352,443
Land market value
$579,351
Improvement market value
$1,006,980
Total market value
$1,586,331
Applied tax rate
470.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1984
Construction
CONCRETE
Heating
OTHER
Cooling
EVAPORATIVE
Stories
1
Total area
22,946 SF
Lot
1.33 ac (57,935 SF)
APN
162-36-410-014
UPID
US62-0348672
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
INDUSTRIAL (GENERAL) Current
Est. value
$6.2M
MEDICAL BUILDING
Est. value
$6.3M
INDUSTRIAL (GENERAL) Current
MEDICAL 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
1984
Construction
CONCRETE
Heating
OTHER
Cooling
Yes
Stories
1
Lot
1.33 ac
Current owner
From public records · entity-resolved
Chandler Ave Investments LLC
Entity
Mailing address
3990 W NAPLES DR, LAS VEGAS, NV 89103-5529
Ownership since
2024
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
Aug 7, 2024
—
Chandler Ave Investments LLC
Gladstone One Investments LLC
Bargain And Sale Deed
—
Oct 8, 2021
—
Gladstone One Investments LLC
Rpi Regal LP
Re-recorded Document
related
—
Sep 29, 2021
$3,725,000
Gladstone One Investments LLC
Rpi Regal LP
Bargain And Sale Deed
—
Feb 13, 2020
$8,500,000
Rpi Regal LP
Ethl Real Property Corp
Grant Deed
$7,000,000 · Interbank
Jan 25, 2017
—
Mp Barrow LLC
Sundido LLC
Quit Claim Deed
related
—
Dec 7, 2016
$6,600,000
Ethl Real Property Corp
East Park 2000 LLC
Grant Deed
—
Jan 23, 2004
$6,750,000
Blood John R & Paula Trust
County Of Clark
Grant Deed
—
Dec 20, 1995
—
Clark County Nevada
Park 2000 Associates
Grant 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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