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Property profile & analytics
OFF-MARKET
Estimated value
$3,895,000
Industrial properties
2900 Patrick Ln Las Vegas, NV 89120-2458
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US62-0149891
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1998
Construction
CONCRETE
Total area
52,934 SF
Lot
4.24 ac (184,694 SF)
APN
162-36-204-022
UPID
US62-0149891
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
-
Okami Brand LLC Warehouse & Storage
-
Convention Printing LV (Bike/Boat/Book/etc) Store Printing Service
-
Bob's East Side Deli Food Market Restaurant
-
Las Vegas Academy of Strength and Power Gym & Fitness Center
-
KML Designs, LLC Interior Design Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.84M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.90M
Owner & transaction history
Harsch Investment Properties · 10 yrs held
Harsch Investment Properties
since 2016
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,240,000
6.5%
$4,840,000
7%
$4,490,000
Blend value · Realmo final
$3.90M
Range $3.51M – $4.28M · ±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
$74 / 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
$46,557
Tax year 2023
Assessed value
$2,280,473
Assessed 2024
Previous assessed
$1,867,757
+22.1% YoY
Effective rate
2.04%
On assessed value
Assessed land
$775,715
Assessed improvement
$1,504,758
Land market value
$2,216,329
Improvement market value
$4,299,309
Total market value
$6,515,638
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1998
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Rooms
3
Bathrooms
1
Total area
52,934 SF
Lot
4.24 ac (184,694 SF)
APN
162-36-204-022
UPID
US62-0149891
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
1998
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
3
Bathrooms
1
Lot
4.24 ac
Current owner
From public records · entity-resolved
Harsch Investment Properties
Entity
Free & Clear · 10 yrs held
Mailing address
1121 SW SALMON ST, PORTLAND, OR 97205-2000
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Sep 12, 2019
—
Harsch Inv Props LLC
—
Deed
related
$4,000,000 · Miscellaneous Ins Co
Apr 25, 2016
$5,100,000
Harsch Investment Properties
Dowsett Point LLC
Grant Deed
—
Apr 1, 2016
$5,100,000
Harsch Investment Properties L
Dowsett Point LLC
Grant Deed
—
Nov 30, 1999
$1,685,000
Dowsett Point LLC
Lewis,sidney E & Velma B
Grant Deed
—
Mar 31, 1997
—
Lewis Family LP
—
Grant Deed
related
$2,000,000 · First Security Bank Nevada
Feb 6, 1997
$650,000
Sidney E Famil
John O Franklin Trustee
Grant Deed
—
Aug 16, 1996
$405,000
Payne Properties INC
Gerber Trust
Trustees Deed
—
Aug 16, 1996
$656,000
Exchange Properties Corp
Payne Properties INC
Trustees Deed
—
Sep 11, 1989
$3,000
Gerber,mary Jane Trust
Unknown
Grant Deed
related
—
—
—
Harsch Inv Props LLC
—
Deed Of Trust
related
$4,000,000 · Miscellaneous Ins Co
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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