Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,575,000
Office buildings
2920 Grn Vly Pkwy 3 Henderson, NV 89014-0406
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US62-1255416
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1995
Construction
FRAME
Total area
18,606 SF
Lot
1.06 ac (46,174 SF)
APN
161-32-310-005
UPID
US62-1255416
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
-
Advantage Civil Design Group, LLP Civil Engineer
-
Thomas Carroll R PhD Physician Medical Clinic
-
First Legal Law Firm
-
Alas Science Clinical Research Physician
-
Elijah Rhodes Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.58M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.45M
Blend (final)
Blend
$2.58M
Owner & transaction history
Ida Las Vegas LLC · 2 yrs held
Ida Las Vegas LLC
since 2024
Last sale
$2.6M
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 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
$2,575,000
ML approach
$2,575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.58M
Range $2.32M – $2.83M · ±10% · vs last sale $2.58M (May 22 2024)
Last sale anchor
$2.58M
May 22 2024
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
$138 / 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
$12,733
Tax year 2023
Assessed value
$874,423
Assessed 2024
Previous assessed
$789,353
+10.8% YoY
Effective rate
1.46%
On assessed value
Assessed land
$145,448
Assessed improvement
$728,975
Land market value
$415,566
Improvement market value
$2,082,786
Total market value
$2,498,352
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
1995
Construction
FRAME
Heating
HEAT PUMP
Stories
2
Total area
18,606 SF
Lot
1.06 ac (46,174 SF)
APN
161-32-310-005
UPID
US62-1255416
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
1995
Construction
FRAME
Heating
HEAT PUMP
Stories
2
Lot
1.06 ac
Current owner
From public records · entity-resolved
Ida Las Vegas LLC
Entity
Mailing address
31 MUSICK, IRVINE, CA 92618-1638
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2024
$2,575,000
Ida Las Vegas LLC
2920 North Green Valley LLC
Bargain And Sale Deed
$2,060,000 · Us Bank NA
Aug 25, 2020
—
2920 North Green Valley LLC
Dhaval Shah
Grant Deed
related
—
Nov 17, 2015
$1,922,615
Mandip Arora
Shah,dhaval
Grant Deed
—
Feb 22, 2011
$1,800,000
2920 North Green Valley Parkwa
Ballard Spahr LLP
Trustees Deed
—
Mar 13, 2006
—
Sunset Ridge Investors
Arch L Young
Quit Claim Deed
related
$6,300,000 · Lehman Brothers Bank Fsb
Sep 1, 2004
$8,100,000
Young Jane Trust
Bristol Center LLC
Grant Deed
$6,525,000 · Sunset Ridge-henderson LLC
Apr 15, 2003
$9,650,000
Sunset Ridge 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2920 Grn Vly Pkwy, Unit 3?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
