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Property profile & analytics
OFF-MARKET
Strip malls
400 College Dr Henderson, NV 89015-3902
Individually Owned
1-yr Hold
Free & Clear
Property ID
US62-0031440
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2001
Construction
FRAME
Total area
11,757 SF
Lot
1.28 ac (55,757 SF)
APN
179-20-713-001
UPID
US62-0031440
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
-
St John Eleanor DVM Veterinary Clinic
-
Fuentes Robert DVM Veterinary Clinic
-
VCA Black Mountain Animal Hospital Veterinary Clinic
-
Compassionate pet cremation Pet Funeral Service
-
Midway City Tattoo Tattoo & Piercing Shop
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
Mary Lee · 1 yrs held
Mary Lee
since 2024
Last sale
$288,358
5 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
Tax billed
$12,841
Tax year 2023
Assessed value
$464,774
Assessed 2024
Previous assessed
$433,781
+7.1% YoY
Effective rate
2.76%
On assessed value
Assessed land
$175,635
Assessed improvement
$289,139
Land market value
$501,814
Improvement market value
$826,111
Total market value
$1,327,925
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2001
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
11,757 SF
Lot
1.28 ac (55,757 SF)
APN
179-20-713-001
UPID
US62-0031440
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
2001
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
1.28 ac
Current owner
From public records · entity-resolved
Mary Lee
Individual
Free & Clear · 1 yrs held
Mailing address
1600 DAVIS DR, BURLINGAME, CA 94010-4632
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2024
$288,358
Mary Lee
Jean G Morgan
Bargain And Sale Deed
—
Dec 20, 2022
$2,000,000
Jerry Lee
Gary Sung Yau Sue
Bargain And Sale Deed
—
Jan 31, 2006
$3,180,000
Lee Chew Fon Co
Hdc Property Management
Grant Deed
$1,050,000 · Bank Of The Orient
Oct 13, 2004
$2,800,000
Hdc Property Management
Meyer,roger W
Grant Deed
$1,750,000 · Nevada FCU
Sep 15, 2003
$2,305,000
Roger W Meyer
Citystop II LLC
Grant Deed
$1,680,000 · Nevada State Bank
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.
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