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Property profile & analytics
OFF-MARKET
Estimated value
$5,125,000
Refrigerated & Cold Storage
2570 Kiel Way North Las Vegas, NV 89030-4153
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US62-0348656
Property profile
Verified
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Year built
1993
Construction
METAL FRAME
Total area
55,400 SF
Lot
4.16 ac (181,210 SF)
APN
139-15-801-002
UPID
US62-0348656
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
-
Bake Mark USA Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.13M
Owner & transaction history
Nm Bake LP · 1 yrs held
Nm Bake LP
since 2025
Last sale
$5.8M
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
$93 / 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
$48,874
Tax year 2023
Assessed value
$1,911,524
Assessed 2024
Previous assessed
$1,696,662
+12.7% YoY
Effective rate
2.56%
On assessed value
Assessed land
$662,776
Assessed improvement
$1,248,748
Land market value
$1,893,646
Improvement market value
$3,567,851
Total market value
$5,461,497
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
Refrigerated & Cold Storage
Use group
COLD STORAGE
Status
Off-Market
Year built
1993
Construction
METAL FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
55,400 SF
Lot
4.16 ac (181,210 SF)
APN
139-15-801-002
UPID
US62-0348656
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
1993
Construction
METAL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
4.16 ac
Current owner
From public records · entity-resolved
Nm Bake LP
Entity
Free & Clear · 1 yrs held
Mailing address
245 PARK AVE FL, NEW YORK, NY 10167-0002
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2025
—
Nm Bake LP
—
Deed
related
$5,775,374 · Citibank NA
Jan 24, 2025
—
Nm Bake LP
Agnl Pastry LP
Deed
—
Jan 24, 2025
$5,826,678
Nm Bake LP
Agnl Pastry LP
Bargain & Sale Deed
—
Aug 21, 2024
—
Agnl Pastry LP
—
Deed
related
$507,650,000 · Jpmorgan Chase Bank NA
Sep 12, 2014
$4,865,040
Agnl Pastry LP
Bakemark USA LLC
Grant Deed
—
Apr 23, 2012
—
Bakemark USA LLC
Bakemark USA LLC
Quit Claim Deed
related
—
Dec 31, 1992
$777,000
Westco Products INC
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.
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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