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Property profile & analytics
OFF-MARKET
Estimated value
$2,050,000
Industrial properties
2970 Nevada Hwy 373 Amargosa Valley, NV 89020-0483
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-0508949
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1982
Construction
FRAME
Total area
8,580 SF
Lot
25.28 ac (1,101,197 SF)
APN
019-391-13
UPID
US62-0508949
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
$2.45M
CAP Approach
CAP
$1.74M
Comparable Approach
Comparable
$1.81M
Blend (final)
Blend
$2.05M
Owner & transaction history
New Benchmark Holdings LLC · 4 yrs held
New Benchmark Holdings LLC
since 2021
Last sale
$2.6M
5 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 Amargosa Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Amargosa Valley 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
$2,000,000
ML approach
$2,450,000
CAP Approach
CAP Return
Estimation
6%
$1,890,000
6.5%
$1,740,000
7%
$1,620,000
Blend value · Realmo final
$2.05M
Range $1.85M – $2.26M · ±10% · vs last sale $2.60M (Oct 4 2021)
Last sale anchor
$2.60M
Oct 4 2021
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
$239 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$27,757
Tax year 2024
Assessed value
$742,758
Assessed 2024
Previous assessed
$697,973
+6.4% YoY
Effective rate
3.74%
On assessed value
Assessed land
$5,506
Assessed improvement
$737,252
Land market value
$15,731
Improvement market value
$2,106,434
Total market value
$2,122,165
Applied tax rate
80.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1982
Construction
FRAME
Heating
HEAT PUMP
Buildings
3
Total area
8,580 SF
Lot
25.28 ac (1,101,197 SF)
APN
019-391-13
UPID
US62-0508949
Jurisdiction
NYE
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
1982
Construction
FRAME
Heating
HEAT PUMP
Buildings
3
Lot
25.28 ac
Current owner
From public records · entity-resolved
New Benchmark Holdings LLC
Entity
Mailing address
311 BLVD OF AMERICAS STE #305, LAKEWOOD, NJ 08701-4960
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2021
$2,600,000
New Benchmark Holdings LLC
Derrick Esplin
Bargain And Sale Deed
$16,500,000 · Cibc Bank USA
Mar 11, 2015
—
Horizon Academy LLC
County Treasurer Of Nye County
Grant Deed
related
—
Mar 3, 2015
$2,060,006
Peacox Charitable Remainder Trust
Horizon Academy LLC
Deed In Lieu Of Foreclosure
related
—
Dec 14, 2004
$1,175,000
Horizon Academy LLC
Desert Village INC
Grant Deed
$1,160,000 · Havenridge Funding INC
—
—
Horizon Academy LLC
—
Deed Of Trust
related
$840,000 · Peacox Charitabl Unitrust (tr)
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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