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Property profile & analytics
FOR SALE
Industrial properties
3680 Highland Dr Las Las Vegas, NV 89109
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US62-1270429
For Sale
1 / 16
$4,308,000
3680 Highland Dr,Unit Las, Las Vegas, NV 89109
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,000 SF
Lot
0.43 ac (18,731 SF)
APN
162-17-203-003
UPID
US62-1270429
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
-
ULTIMATE AUTO SALES Car Dealership
-
ILLICIT LUXE Car Rental Facility
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
S Valley View Twain LLC · 5 yrs held
S Valley View Twain LLC
since 2020
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
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
$3,451
Tax year 2023
Assessed value
$131,759
Assessed 2024
Previous assessed
$118,133
+11.5% YoY
Effective rate
2.62%
On assessed value
Assessed land
$73,753
Assessed improvement
$58,006
Land market value
$210,723
Improvement market value
$165,731
Total market value
$376,454
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
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
For Sale
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Buildings
2
Stories
1
Total area
5,000 SF
Lot
0.43 ac (18,731 SF)
APN
162-17-203-003
UPID
US62-1270429
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
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
2
Lot
0.43 ac
Current owner
From public records · entity-resolved
S Valley View Twain LLC
Entity
Mailing address
301 W GRAND AVE #333, CHICAGO, IL 60654-4640
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2020
$3,983,803
S Valley View Twain LLC
Fairgrounds Drive Retail LLC
Grant Deed
$9,300,000 · M360 Cmnty Dev Fund LLC
Jun 8, 2005
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
May 20, 2005
$2,970,000
Rjp Lv II LLC
Sliverworks LLC
Grant Deed
—
Apr 27, 2005
—
Sliverworks LLC
Cannavo,susan
Grant Deed
related
—
Apr 12, 2005
$1,750,000
Silverworks LLC
Cannavo,susan
Grant Deed
—
Sep 30, 2004
—
Susan Cannavo
Cannavo Family Trust
Quit Claim Deed
related
—
Sep 30, 2004
$140,000
Susan Cannavo
Cannavo,caterina
Quit Claim Deed
related
$320,000 · Nevada First Bank
Jan 28, 2000
$384,000
Joseph Cannavo
Berger,richard L & Ann M
Grant Deed
$250,000 · Seller
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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