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Property profile & analytics
OFF-MARKET
Estimated value
$4,370,000
Warehouses
3900 10th Way Las Vegas, NV 89129-7121
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US62-0420308
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2003
Construction
STEEL FRAME
Total area
59,669 SF
Lot
2.45 ac (106,722 SF)
APN
138-10-516-003
UPID
US62-0420308
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
$4.37M
Owner & transaction history
Sh 781-796 LLC · 9 yrs held
Sh 781-796 LLC
since 2017
6 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
$73 / 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
$38,742
Tax year 2023
Assessed value
$1,505,280
Assessed 2024
Previous assessed
$1,426,845
+5.5% YoY
Effective rate
2.57%
On assessed value
Assessed land
$470,644
Assessed improvement
$1,034,636
Land market value
$1,344,697
Improvement market value
$2,956,103
Total market value
$4,300,800
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
2003
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Buildings
2
Stories
2
Units
419
Total area
59,669 SF
Lot
2.45 ac (106,722 SF)
APN
138-10-516-003
UPID
US62-0420308
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
2003
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Buildings
2
Units
419
Lot
2.45 ac
Current owner
From public records · entity-resolved
Sh 781-796 LLC
Entity
Mailing address
6467 MAIN ST, WILLIAMSVILLE, NY 14221-5856
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2017
—
Sh 781-796 LLC
—
Grant Deed
related
$270,000,000 · Miscellaneous Ins Co
Jun 5, 2017
$61,189,516
Sh 781-796 LLC
Spensa Nevada Vi LLC
Grant Deed
—
Jul 28, 2011
$4,825,000
Spensa Nevada IV LLC
Jk Tenaya Properties LLC
Grant Deed
$3,400,000 · Associated Bank
Aug 26, 2003
$3,898,990
Jk Tenaya Properties LLC
Tenaya Mini Storage Partners
Grant Deed
related
—
—
—
Spensa Nevada I LLC
—
Loan Modification
related
$105,000,000 · Us Bk
—
—
Jk Tenaya Properties LLC
—
Deed Of Trust
related
$3,600,000 · General Electric Capital Corp
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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