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Property profile & analytics
OFF-MARKET
Estimated value
$10,130,000
Warehouses
3040 Sahara Ave Las Vegas, NV 89104
Entity Owned
5-yr Hold
Free & Clear
Property ID
US62-0047480
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
21,600 SF
Lot
17.01 ac (740,956 SF)
APN
162-01-801-022
UPID
US62-0047480
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
$11.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.13M
Owner & transaction history
2020 Wht LLC · 5 yrs held
2020 Wht LLC
since 2020
Last sale
$9.5M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$15.6M
+286.6%
Auto repair, garage
$12.0M
+197.9%
Neighborhood: shopping center
$9.4M
+132.9%
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
$10,415,000
ML approach
$11,100,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$15,565,000
Change: +287% · Conversion: Difficult
AUTO REPAIR, GARAGE
$11,995,000
Change: +198% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$9,375,000
Change: +133% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$6,395,000
Change: +59% · Conversion: Easy
Blend value · Realmo final
$10.13M
Range $9.12M – $11.14M · ±10% · vs last sale $9.50M (Dec 17 2020)
Last sale anchor
$9.50M
Dec 17 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
$469 / 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
$168,803
Tax year 2023
Assessed value
$5,979,147
Assessed 2024
Previous assessed
$5,255,963
+13.8% YoY
Effective rate
2.82%
On assessed value
Assessed land
$1,602,688
Assessed improvement
$4,376,459
Land market value
$4,579,109
Improvement market value
$12,504,169
Total market value
$17,083,278
Applied tax rate
200.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Buildings
14
Stories
1
Total area
21,600 SF
Lot
17.01 ac (740,956 SF)
APN
162-01-801-022
UPID
US62-0047480
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
RESTAURANT
Est. value
$15.6M
AUTO REPAIR, GARAGE
Est. value
$12.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.4M
INDUSTRIAL (GENERAL)
Est. value
$6.4M
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
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
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Buildings
14
Lot
17.01 ac
Current owner
From public records · entity-resolved
2020 Wht LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1300 VILLA BAROLO AVE, HENDERSON, NV 89052-4175
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2020
—
2020 Wht LLC
Heinrich G W 1998 Trust
Grant Deed
related
—
Jun 30, 2011
$9,500,000
Heinrich Gregory W 1998 Trust
Fairway Chevrolet Co
Grant Deed
—
Apr 25, 2007
$9,405,878
Fairway Chevrolet Co
Fairway Chevrolet
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.
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