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Property profile & analytics
OFF-MARKET
Estimated value
$6,910,000
Warehouses
333 Nellis Blvd Las Vegas, NV 89110-5323
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US62-0372169
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2000
Construction
FRAME
Total area
88,900 SF
Lot
2.94 ac (128,066 SF)
APN
140-32-601-004
UPID
US62-0372169
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
-
Propane Refill at U-Haul Storage Facility
-
U-Haul Moving & Storage at Sunrise Manor Car Rental Facility
-
Self-Storage at U-Haul Storage Facility
-
Moving Supplies at U-Haul Big Box & Wholesale Store
-
U-Box at U-Haul Moving Company Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.91M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.91M
Owner & transaction history
Mercury Storage 1 C LLC · 2 yrs held
Mercury Storage 1 C LLC
since 2024
Last sale
$6.9M
3 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 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
$6,910,000
ML approach
$6,910,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.91M
Range $6.22M – $7.60M · ±10% · vs last sale $6.91M (Mar 13 2024)
Last sale anchor
$6.91M
Mar 13 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
$78 / 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
$43,338
Tax year 2023
Assessed value
$1,894,216
Assessed 2024
Previous assessed
$1,668,903
+13.5% YoY
Effective rate
2.29%
On assessed value
Assessed land
$403,408
Assessed improvement
$1,490,808
Land market value
$1,152,594
Improvement market value
$4,259,451
Total market value
$5,412,045
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2000
Construction
FRAME
Heating
HEAT PUMP
Stories
3
Units
771
Total area
88,900 SF
Lot
2.94 ac (128,066 SF)
APN
140-32-601-004
UPID
US62-0372169
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
2000
Construction
FRAME
Heating
HEAT PUMP
Stories
3
Units
771
Lot
2.94 ac
Current owner
From public records · entity-resolved
Mercury Storage 1 C LLC
Entity
Mailing address
207 E CLARENDON AVE, PHOENIX, AZ 85012-2072
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2024
$6,910,574
Mercury Storage 1 C LLC
Uh Storage De Limited Partnership
Bargain And Sale Deed
$44,200,000 · Voya Investment Management LLC
May 17, 2004
—
U-haul Storage De LP
Bmo Global Capital Solutions
Trustees Deed
$183,000,000 · Bank Of America
Mar 25, 1998
$1,150,000
Mbo Leasing
Macdiarmid,ervin L
Grant Deed
—
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
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