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Property profile & analytics
OFF-MARKET
Estimated value
$5,670,000
Office buildings
2879 Saint Rose Pkwy Henderson, NV 89052-4808
Entity Owned
6-yr Hold
Free & Clear
Property ID
US62-1275182
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Construction
FRAME
Total area
23,914 SF
Lot
1.6 ac (69,696 SF)
APN
177-25-216-003
UPID
US62-1275182
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.42M
CAP Approach
CAP
$5.83M
Comparable Approach
Comparable
$3.68M
Blend (final)
Blend
$5.67M
Owner & transaction history
Blue Stone Prop LLC-series 5 · 6 yrs held
Blue Stone Prop LLC-series 5
since 2020
Last sale
$4.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$9.3M
+15.6%
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
$6,410,000
ML approach
$6,415,000
CAP Approach
CAP Return
Estimation
6%
$6,315,000
6.5%
$5,830,000
7%
$5,410,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$8,050,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$9,305,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$6,585,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$5.67M
Range $5.10M – $6.24M · ±10% · vs last sale $4.85M (Jun 11 2020)
Last sale anchor
$4.85M
Jun 11 2020
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
$237 / 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
$38,324
Tax year 2023
Assessed value
$1,514,332
Assessed 2024
Previous assessed
$1,349,951
+12.2% YoY
Effective rate
2.53%
On assessed value
Assessed land
$341,510
Assessed improvement
$1,172,822
Land market value
$975,743
Improvement market value
$3,350,920
Total market value
$4,326,663
Applied tax rate
505.0000
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
2003
Construction
FRAME
Heating
HEAT PUMP
Stories
2
Total area
23,914 SF
Lot
1.6 ac (69,696 SF)
APN
177-25-216-003
UPID
US62-1275182
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
$8.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.3M
RETAIL STORES
Est. value
$6.6M
OFFICE BUILDING Current
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
2003
Construction
FRAME
Heating
HEAT PUMP
Stories
2
Lot
1.6 ac
Current owner
From public records · entity-resolved
Blue Stone Prop LLC-series 5
Entity
Free & Clear · 6 yrs held
Mailing address
2580 SAINT ROSE PKWY STE #125, HENDERSON, NV 89074-7792
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 19, 2020
—
St Rose 2879 LLC
—
Deed
related
$4,850,000 · Miscellaneous Ins Co
Jun 11, 2020
—
Blue Stone Prop LLC-series 5
Blue Stone Properties LLC
Quit Claim Deed
related
—
Dec 31, 2019
$4,850,000
Blue Stone Properties LLC
Mori LLC
Grant Deed
—
Jan 29, 2019
$5,200,000
St Rose 2879 LLC
Krein-one LLC
Grant Deed
—
Nov 22, 2016
$192,000
Edmond Deravanessian
Dinkel,rachel E & Nicole R
Grant Deed
—
May 29, 2009
—
Krein-one LLC
—
Deed Of Trust
related
$1,900,000 · Mutual Of Omaha Bank
Nov 21, 2005
$5,231,740
Krein One LLC
Park One
Bargain And Sale Deed
$3,617,000 · First National Bank Of Nevada
May 28, 2004
—
One Park
Park One
Quit Claim Deed
related
$3,500,000 · Valley Bank
—
—
St Rose 2879 LLC
—
Deed Of Trust
related
$4,850,000 · Miscellaneous Ins Co
—
—
Krein-one LLC
—
Deed Of Trust
related
$4,200,000 · Mutual Of Omaha Bank
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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