New search
Property profile & analytics
OFF-MARKET
Estimated value
$5,005,000
Distribution centers
3965 Post Rd Las Vegas, NV 89118-6826
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-1310269
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2000
Construction
CONCRETE
Total area
22,780 SF
Lot
1.28 ac (55,757 SF)
APN
162-31-811-001
UPID
US62-1310269
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
-
ISD Tech Group, LLC IT Consulting Firm Tech Support Center
-
Conti LLC Corporate Office Business Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.93M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.00M
Blend (final)
Blend
$5.01M
Owner & transaction history
David A Mckinnon · 4 yrs held
David A Mckinnon
since 2022
Last sale
$5.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$7.2M
+49.3%
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
$5,265,000
ML approach
$4,930,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,855,000
Current use
INDUSTRIAL (GENERAL)
$7,245,000
Change: +49% · Conversion: Easy
Blend value · Realmo final
$5.01M
Range $4.50M – $5.51M · ±10% · vs last sale $5.41M (Feb 9 2022)
Last sale anchor
$5.41M
Feb 9 2022
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
$220 / 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
$19,473
Tax year 2023
Assessed value
$750,090
Assessed 2024
Previous assessed
$676,693
+10.8% YoY
Effective rate
2.60%
On assessed value
Assessed land
$263,452
Assessed improvement
$486,638
Land market value
$752,720
Improvement market value
$1,390,394
Total market value
$2,143,114
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2000
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Total area
22,780 SF
Lot
1.28 ac (55,757 SF)
APN
162-31-811-001
UPID
US62-1310269
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
$4.9M
INDUSTRIAL (GENERAL)
Est. value
$7.2M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
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
2000
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
1.28 ac
Current owner
From public records · entity-resolved
David A Mckinnon
Individual
Mailing address
8816 RAINBOW RDG DR, LAS VEGAS, NV 89117-5815
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2022
$5,408,100
David A Mckinnon
Conti Properties LLC
Bargain And Sale Deed
—
Feb 9, 2022
—
David A Mckinnon
Petronella Helena Van Der Looij
Intrafamily Transfer
related
—
Jul 24, 2009
$305,000
Conti Properties LLC
Leigh Nevada Corp INC
Grant Deed
$2,440,000 · Citizens Federal Bank Fsb
Jun 4, 2009
—
Lehigh Nv Corp INC
Cooper,andrew
Quit Claim Deed
related
—
Apr 2, 2004
$2,820,000
Lehigh Nevada Corp INC
Buckalew,tr
Grant Deed
$2,115,000 · Nevada State Bank
Jun 17, 2003
$2,650,000
Buckalew,tr
Take,it F
Grant Deed
$1,650,000 · Nevada State Bank
Mar 26, 2001
$1,835,000
It For Granite Too Take
Krulee,lawrence A
Grant Deed
$1,200,000 · Bank Of Commerce
—
—
Conti Properties LLC
—
Deed Of Trust
related
$2,000,000 · Talmer Bk & Tr
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3965 Post Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
