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Property profile & analytics
OFF-MARKET
Warehouses
3460 Cavaretta Ct Las Vegas, NV 89103-4184
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US62-0051973
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1998
Construction
CONCRETE
Total area
8,784 SF
Lot
0.47 ac (20,473 SF)
APN
162-20-202-014
UPID
US62-0051973
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
-
The Space Music Venue Bar & Pub
-
Mondays Dark Theater & Performing Art Venue
-
Victory Outreach Church Of Las Vegas Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
5 Star Dev 3 LLC · 9 yrs held
5 Star Dev 3 LLC
since 2016
7 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,601
Tax year 2023
Assessed value
$251,382
Assessed 2024
Previous assessed
$228,233
+10.1% YoY
Effective rate
2.63%
On assessed value
Assessed land
$98,884
Assessed improvement
$152,498
Land market value
$282,526
Improvement market value
$435,709
Total market value
$718,235
Applied tax rate
470.0000
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
1998
Construction
CONCRETE
Heating
YES
Stories
1
Units
1
Total area
8,784 SF
Lot
0.47 ac (20,473 SF)
APN
162-20-202-014
UPID
US62-0051973
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
1998
Construction
CONCRETE
Heating
YES
Stories
1
Units
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
5 Star Dev 3 LLC
Entity
Mailing address
5030 SCHUSTER ST, LAS VEGAS, NV 89118-1640
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2016
—
5 Star Dev 3 LLC
5 Star Dev LLC
Quit Claim Deed
related
—
Jan 12, 2016
$1,250,000
5 Star Dev LLC
Benchmark Ents LLC
Grant Deed
—
Oct 18, 2005
$1,200,000
Benchmark Enterprises LLC
George Courtney III
Bargain And Sale Deed
$950,000 · Southwestusa Bank
Jan 14, 2004
—
Courtney Trust
Courtney,george G III & Maria E
Quit Claim Deed
related
—
Aug 25, 1997
$685,000
George G Courtney
Pinnacle Industrial Properties
Grant Deed
$517,500 · Seller
Sep 6, 1996
$114,000
Jestar 3
Raynes Trust
Trustees Deed
—
Sep 6, 1996
$485,000
Pinnacle Industrial Properties
Jestar 3
Trustees Deed
—
—
—
George G Courtney
—
Deed Of Trust
related
$500,000 · Stancorp Mortgage Investors
—
—
Jestar-3
—
Deed Of Trust
related
$119,050 · Familian Pipe & Supply
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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