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Property profile & analytics
OFF-MARKET
Estimated value
$7,100,000
Strip malls
3255 Saint Rose Pkwy Henderson, NV 89052-3829
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-0463942
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2007
Construction
FRAME
Total area
12,600 SF
Lot
1.7 ac (74,052 SF)
APN
177-35-513-007
UPID
US62-0463942
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
$7.85M
CAP Approach
CAP
$4.76M
Comparable Approach
Comparable
$5.41M
Blend (final)
Blend
$7.10M
Owner & transaction history
Waimea Falls LLC · 4 yrs held
Waimea Falls LLC
since 2021
Last sale
$7.1M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$8.8M
+79.7%
Restaurant
$8.0M
+63.5%
Auto repair, garage
$5.7M
+15.2%
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
$8,075,000
ML approach
$7,845,000
CAP Approach
CAP Return
Estimation
6%
$5,150,000
6.5%
$4,755,000
7%
$4,415,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,900,000
Current use
MEDICAL BUILDING
$8,810,000
Change: +80% · Conversion: Difficult
RESTAURANT
$8,015,000
Change: +63% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,650,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$7.10M
Range $6.39M – $7.81M · ±10% · vs last sale $7.08M (Aug 30 2021)
Last sale anchor
$7.08M
Aug 30 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
$563 / 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
$22,916
Tax year 2023
Assessed value
$1,098,049
Assessed 2024
Previous assessed
$958,391
+14.6% YoY
Effective rate
2.09%
On assessed value
Assessed land
$492,446
Assessed improvement
$605,603
Land market value
$1,406,989
Improvement market value
$1,730,294
Total market value
$3,137,283
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2007
Construction
FRAME
Heating
YES
Stories
1
Total area
12,600 SF
Lot
1.7 ac (74,052 SF)
APN
177-35-513-007
UPID
US62-0463942
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.9M
MEDICAL BUILDING
Est. value
$8.8M
RESTAURANT
Est. value
$8.0M
AUTO REPAIR, GARAGE
Est. value
$5.7M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
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
2007
Construction
FRAME
Heating
YES
Stories
1
Lot
1.7 ac
Current owner
From public records · entity-resolved
Waimea Falls LLC
Entity
Mailing address
PO BOX 531461, HENDERSON, NV 89053-1461
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2021
$7,084,000
Waimea Falls LLC
Ten Saint Properties LLC
Bargain And Sale Deed
$4,600,000 · Farm Bureau Life Insurance Company
Dec 7, 2017
—
Ten Saints Properties LLC
—
Deed
related
—
Apr 16, 2008
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Ten Saints Properties LLC
—
Loan Modification
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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