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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Warehouses
3475 Moapa Vly Blvd, Logandale, NV 89021
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-0441274
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,363 SF
Lot
2.32 ac (101,059 SF)
APN
041-27-201-001
UPID
US62-0441274
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
$635k
CAP Approach
CAP
$485k
Comparable Approach
Comparable
$428k
Blend (final)
Blend
$580k
Owner & transaction history
Whitney Clea · 4 yrs held
Whitney Clea
since 2021
Last sale
$600,000
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 Logandale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Logandale 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
$575,000
ML approach
$635,000
CAP Approach
CAP Return
Estimation
6%
$525,000
6.5%
$485,000
7%
$450,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$600,000
Current use
Blend value · Realmo final
$580k
Range $522k – $638k · ±10% · vs last sale $600k (Nov 30 2021)
Last sale anchor
$600k
Nov 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
$172 / 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
$2,039
Tax year 2023
Assessed value
$85,478
Assessed 2024
Previous assessed
$80,680
+5.9% YoY
Effective rate
2.39%
On assessed value
Assessed land
$37,139
Assessed improvement
$48,339
Land market value
$106,111
Improvement market value
$138,111
Total market value
$244,222
Applied tax rate
834.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
2
Stories
1
Total area
3,363 SF
Lot
2.32 ac (101,059 SF)
APN
041-27-201-001
UPID
US62-0441274
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
WAREHOUSE, STORAGE Current
Est. value
$600,000
WAREHOUSE, STORAGE Current
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
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Buildings
2
Lot
2.32 ac
Current owner
From public records · entity-resolved
Whitney Clea
Individual
Mailing address
PO BOX 73, OVERTON, NV 89040-0073
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2021
$600,000
Whitney Clea
Michael V Rydberg
Bargain And Sale Deed
$500,000 · Michael V Rydberg Etux
Dec 14, 2020
—
Monte Deines
Marian J Lathrop
Grant Deed
related
—
Aug 7, 2018
$210,412
Michael V Rydberg
Rivers,david J & Kathleen J
Quit Claim Deed
related
—
Jul 10, 2006
$500,000
David J Rivers
Rivers,david J
Quit Claim Deed
related
—
Sep 16, 2004
$550,000
David J Rivers
Rydberg,michael V & Mary D
Grant Deed
$500,000 · Michael V & Mary D Rydberg
Sep 16, 2004
—
David J Rivers
Rivers,kathleen J
Quit Claim Deed
related
—
Jun 7, 1996
$135,000
Michael W Rydberg
Western Dairymen Corp INC
Grant Deed
—
Dec 8, 1988
$370,000
Western Dairymen Cooperative INC
Unknown
Grant Deed
—
—
—
Michael V Rydberg
—
Deed Of Trust
related
$101,223 · First Security Bank
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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