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Property profile & analytics
OFF-MARKET
Commercial land
40 Horizon Rdg Pkwy Henderson, NV 89002-7929
Entity Owned
12-yr Hold
Free & Clear
Property ID
US62-0760858
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.55 ac (23,958 SF)
APN
179-30-114-026
UPID
US62-0760858
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
-
Short Sale Henderson NV short sale agents avoid foreclosure in Las Vegas Real Estate Agency
-
American Sign Language (ASL) Communication Translation Service
-
The Revolution FMO, LLC Advertising Agency Marketing & Advertising
-
Wilcox Longevity And Rehabilitation Center for The Citizens Of Henderson, Rehabilitation Center
-
Osvaldo (Ozzy) Huezo | Realtor Real Estate Agency
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
40 Horizon Ridge LLC · 12 yrs held
40 Horizon Ridge LLC
since 2014
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 Henderson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Henderson 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
Applied tax rate
505.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.55 ac (23,958 SF)
APN
179-30-114-026
UPID
US62-0760858
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
Heating
NONE
Lot
0.55 ac
Current owner
From public records · entity-resolved
40 Horizon Ridge LLC
Entity
Free & Clear · 12 yrs held
Mailing address
40 E HORIZON RDG PKWY, HENDERSON, NV 89002-7929
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2014
$2,400,000
40 Horizon Ridge LLC
Royal Realty INC
Grant Deed
—
Jan 27, 2014
—
Royal Realty INC|specialized Dev LLC
Royal Realty INC
Quit Claim Deed
related
—
Nov 18, 2013
—
Royal Realty INC
Royal Realty INC
Quit Claim Deed
related
—
Mar 27, 2013
$1,550,000
Specialized Dev LLC
Royal Realty INC
Grant Deed
$827,000 · C & F Family Trust
Feb 8, 2013
$4,134,108
First Sec Bk Of Nv
Rma Retail LLC
Deed In Lieu Of Foreclosure
related
—
Jun 21, 2007
$833,737
Rma Retail LLC
Horizon Junction LLC
Grant Deed
$4,650,000 · First Sec Bk Mtg Dept
—
—
Royal Realty INC
—
Loan Modification
related
$1,017,000 · Cw & F Family Trust (pt)
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?”
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