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Property profile & analytics
FOR LEASE
Auto shops
3675 Procyon St Las Las Vegas, NV 89103
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-0914774
For Lease
1 / 4
$11,848/Mo
3675 Procyon St,Unit Las, Las Vegas, NV 89103
View Listing →
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,000 SF
Lot
0.68 ac (29,621 SF)
APN
162-17-201-015
UPID
US62-0914774
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
$7.43M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.03M
Owner & transaction history
S Valley View Twain LLC · 4 yrs held
S Valley View Twain LLC
since 2022
Last sale
$10.3M
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
Method
Estimation
Statistic approach
$8,020,000
ML approach
$7,425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.03M
Range $8.12M – $9.93M · ±10% · vs last sale $10.33M (Apr 1 2024)
Last sale anchor
$10.33M
Apr 1 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
$4,513 / 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
$4,022
Tax year 2023
Assessed value
$188,300
Assessed 2024
Previous assessed
$170,686
+10.3% YoY
Effective rate
2.14%
On assessed value
Assessed land
$116,633
Assessed improvement
$71,667
Land market value
$333,237
Improvement market value
$204,763
Total market value
$538,000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Lease
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
EVAPORATIVE
Stories
1
Total area
2,000 SF
Lot
0.68 ac (29,621 SF)
APN
162-17-201-015
UPID
US62-0914774
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
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
S Valley View Twain LLC
Entity
Mailing address
26314 WESTERN AVE, LOMITA, CA 90717-3522
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2022
—
S Valley View Twain LLC
3500 3675 Procyon LLC
Bargain And Sale Deed
$14,670,000 · Tterracotta Credit Reit LLC
Mar 28, 2012
$16,671
3500-3675 Procyon LLC
Treasurer Of Clark County
Grant Deed
—
Jun 3, 2010
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
May 28, 2009
$1,000,000
3500-3675 Procyon LLC
Fidelity Natl Title Ins
Trustees Deed
related
$50,000,000 · Ing USA Annunity & Life Ins Co
May 17, 2005
$5,300,000
Procyon Urban Center LLC
Trism II
Grant Deed
$6,000,000 · Scripps Investment & Loans INC
Jun 23, 2004
—
Leany,tr
Trism II LP
Deed Of Trust
related
$3,000,000 · Silver State Bank
Mar 19, 2004
—
LP Trism II
Leany,tr
Grant Deed
related
—
Feb 25, 2002
—
Leany Trust
—
Deed Of Trust
related
$1,500,000 · Bankwest Of Nevada
Sep 13, 2001
—
Leany
—
Deed Of Trust
related
$4,000,000 · Bankwest Of Nevada
Jun 9, 1995
$170,000
Century Steel INC
S L G Partnership
Grant Deed
—
—
—
Leany Trust
—
Deed Of Trust
related
$500,000 · Bankwest Of Nevada
—
—
Leany Trust
—
Deed Of Trust
related
$1,436,773 · Bankwest Of Nevada
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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