Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3105 Coleman St North Las Vegas, NV 89032-3807
    Back to Search
    Property profile & analytics

    3105 Coleman St, North Las Vegas, NV 89032-3807

    View on Map
    • Warehouses
    • 25,093 SF
    • 1.61 lot acres
    Off-Market
    Last Sale Mar 11, 2024
    $5,875,000
    Property ID
    US62-1006912
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $5,875,000
    Show details
    Cap Rate Potential
    3.8%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • VS MODERN WORKS / Metal Fabrication Plant / Factory
    • Vision 702 / Video Editing Service

    Property Details for 3105 Coleman St

    Year built
    2003
    Construction
    CONCRETE
    Lot size
    1.61 lot acres
    Property type
    Warehouses
    APN
    139-17-510-037
    APU
    13917510037

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 11, 2024 — United States Small Business Admin 3105 Coleman St LLC Assignment Of Lease (leasehold Sale) $2.4M · The Mortgage Capital Development Corp
    Mar 11, 2024 $5,875,000 3105 Coleman St LLC Nlv Tequila Bottling LLC Bargain And Sale Deed $3M · Meadows Bank
    May 1, 2019 $3,125,000 Nlv Tequila Bottling LLC 3105 Coleman LLC Grant Deed $1.6M · Valley Bk/nv
    May 1, 2019 — Valley Bk Of Nv — Deed · related $1.6M · Mortgage Cap Dev
    Jun 20, 2016 — 3105 Coleman LLC Tropeco Plaza Equity Partners Grant Deed · related —
    Jul 31, 2014 — 3105 Coleman LLC Tropeco Plaza Equity Partners Warranty Deed · related —
    Jun 17, 2008 — Tropeco Plaza Equity Ptrs LLC Mohsenin,nuri N Grant Deed $2.2M · Centennial Bank
    Apr 18, 2008 $3,250,000 Nuri N Mohsenin Gfi Properties LLC Grant Deed $2.1M · Westcor 1031 Exchange Co
    — — Valley Bk Of Nv — Deed Of Trust · related $1.6M · Mortgage Cap Dev
    — — Tropeco Plaza Equity Partners — Loan Modification · related $2.2M · Alliance Bk/az
    — — Gfi Properties LLC — Deed Of Trust · related $874k · New Ventures Capital Dev Co

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,875,000
      ML approach
      $5,875,000

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $8,115,000
      MEDICAL BUILDING
      $7,250,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    North Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.175
    Latitude
    36.2158
    CBSA code
    29820
    CBSA name
    LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $22,300
    $257,735
    $625,259
    $882,994
    -
    $736,386
    $1,786,454
    $2,522,840

    Comparable in this City

    • Value Estimation by Request
      1,330 SF

      N

      WAREHOUSE, STORAGE
      N, Las Vegas, NV 89032
      View Details
    • Value Estimation by Request
      237,062 SF

      2225 Cheyenne Ave

      WAREHOUSE, STORAGE
      2225 Cheyenne Ave, North Las Vegas, NV 89032-7753
      View Details
    • Value Estimation
      $5,685,000
      71,714 SF

      2480 Craig Rd

      MINI-WAREHOUSE, STORAGE
      2480 Craig Rd, North Las Vegas, NV 89032-0720
      View Details
    • Value Estimation by Request
      3,750 SF

      109 Delhi Ave

      WAREHOUSE, STORAGE
      109 Delhi Ave, North Las Vegas, NV 89032-7838
      View Details
    • Value Estimation by Request
      2,970 SF

      143 Gowan Rd

      WAREHOUSE, STORAGE
      143 Gowan Rd, North Las Vegas, NV 89032-7803
      View Details
    • Value Estimation
      $740,000
      2,800 SF

      3445 Lk Mead Blvd Ste, Unit 105

      WAREHOUSE, STORAGE
      3445 Lk Mead Blvd Ste, North Las Vegas, NV 89032-5221
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      37,566 SF

      North Las Vegas Industrial Space

      Industrial space available in North Las Vegas, Nevada.
      2825-2835 Coleman St, North Las Vegas, NV 89032
      View Details
    • $37,680,588
      190,306 SF

      Clayton Commerce Center: Industrial Gem

      ±190,306 SF Warehouse For Sale
      2955 Clayton St, North Las Vegas, NV 89032
      View Details
    • Contact for pricing
      10,476 SF

      New Industrial Building Under Development

      10,476 SF industrial building in North Las Vegas.
      2630 W Brooks Ave, North Las Vegas, NV 89032
      View Details
    • $2,200,000

      High-End Office & Warehouse Space

      Two-story office and warehouse in Cheyenne West Corporate Center.
      2645 W Cheyenne Ave, North Las Vegas, NV 89032
      View Details
    • Contact for pricing
      182,184 SF

      Industrial Facility in North Las Vegas

      State-of-the-art industrial facility totaling ±182,184 SF for rent.
      2880 Simmons St, North Las Vegas, NV 89032
      View Details
    • Contact for pricing
      190,306 SF

      North Las Vegas Warehouse Space

      190,306 SF warehouse space available for lease.
      2955 Coleman St, North Las Vegas, NV 89032
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Freestanding Industrial Building with Secured Yard

      51,182 SF industrial building with secured yard for lease.
      3908 N 5Th St, North Las Vegas, NV 89032
      View Details
    • $1.22 SF/Yr

      North Las Vegas Business Park

      Professional office building with multiple units for lease.
      3650 North 5Th St, North Las Vegas, NV 89032
      View Details
    • Contact for pricing
      505,466 SF

      North Las Vegas Warehouse Space

      Large industrial space available for lease in North Las Vegas.
      110 W Gowan Rd, North Las Vegas, NV 89032
      View Details
    • Contact for pricing

      Industrial Facility in North Las Vegas

      State-of-the-art industrial facility in high-demand North Las Vegas submarket.
      Nec Simmons & Evans, North Las Vegas, NV 89032
      View Details
    • Contact for pricing
      130,421 SF

      North Las Vegas Warehouse Space

      Available warehouse space in North Las Vegas.
      3670 N Commerce St, North Las Vegas, NV 89032
      View Details
    • Contact for pricing
      49,920 SF

      49,920 SF Rear Loaded Facility

      49,920 SF industrial facility with spec office for lease.
      2550 Simmons St, North Las Vegas, NV 89032
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3105 Coleman St
    North Las Vegas, NV 89032-3807
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3105 Coleman St, North Las Vegas, NV, 89032
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!