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Property profile & analytics
OFF-MARKET
Estimated value
$3,265,000
Warehouses
3851 Pennwood Ave Ste 105 Las Vegas, NV 89102-7541
Trust Owned
6-yr Hold
Free & Clear
Property ID
US62-0267173
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
37,052 SF
Lot
2.33 ac (101,495 SF)
APN
162-07-702-018
UPID
US62-0267173
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.27M
Owner & transaction history
Prochazka 1991 Family Trust · 6 yrs held
Prochazka 1991 Family Trust
since 2019
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
$88 / 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
$23,006
Tax year 2023
Assessed value
$814,371
Assessed 2024
Previous assessed
$725,866
+12.2% YoY
Effective rate
2.83%
On assessed value
Assessed land
$371,218
Assessed improvement
$443,153
Land market value
$1,060,623
Improvement market value
$1,266,151
Total market value
$2,326,774
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
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Buildings
4
Stories
1
Units
1
Total area
37,052 SF
Lot
2.33 ac (101,495 SF)
APN
162-07-702-018
UPID
US62-0267173
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
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Buildings
4
Units
1
Lot
2.33 ac
Current owner
From public records · entity-resolved
Prochazka 1991 Family Trust
Trust
Free & Clear · 6 yrs held
Mailing address
3851 PENNWOOD AVE STE #110, LAS VEGAS, NV 89102-0417
Ownership since
2019
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
Sep 23, 2019
$4,090,000
Prochazka 1991 Family Trust
Rosales Investment LLC
Grant Deed
—
Oct 15, 2014
—
Rosales Investment LLC
Olaya,maria C R
Quit Claim Deed
related
—
Sep 8, 2014
$1,710,000
Maria Camila Rosales Olaya
Rosales Investment LLC
Bargain And Sale Deed
$1,450,000 · East West Bank
Sep 22, 2010
$300,000
Rosales Investment LLC
Nevada Title Co
Trustees Deed
—
Sep 10, 2010
$300,000
Rosales Investment LLC
Nevada Title Co
Trustees Deed
—
Jun 21, 2007
$2,050,000
La Feria LLC
Mendenhall Family Trust
Grant Deed
—
Sep 30, 2005
—
Ward Wolf Trust
Ward,helen
Quit Claim Deed
related
—
Sep 30, 2005
$2,050,000
Le Feria LLC
Mendenhall Family Trust
Grant Deed
$200,000 · Mendenhall Family Trust
—
—
Rosales Investment LLC
—
Deed Of Trust
related
$50,000 · East West Invs
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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