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Property profile & analytics
OFF-MARKET
Estimated value
$11,910,000
Warehouses
4301 Vly Vw Blvd Las Vegas, NV 89103-4006
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US62-0429336
Property summary
AI-generated overview
The Harmon Warehouse Center, located at 4301 S Valley View Blvd, Las Vegas, NV 89103, presents a significant industrial investment opportunity. This single-story, Class B warehouse totaling 137,679 square feet sits on a 7.19-acre lot and boasts a 4.4 FAR. Built in 1985, the property features 11 drive-in doors, providing convenient access for loading and unloading. Its multi-tenant configuration offers flexibility for various business needs. The property is zoned M1 by Clark County and benefits from its strategic location in the southwest submarket of Las Vegas, offering immediate access to Interstate 15 and the Resort Corridor via Flamingo Road. Annual property taxes are $0.47 per square foot. The cross streets are W Nevso Drive N and S Valley View Boulevard. This well-positioned warehouse provides excellent accessibility and visibility, making it an attractive option for businesses seeking a functional and strategically located industrial space in a thriving Las Vegas market.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
135,400 SF
Lot
7.35 ac (320,166 SF)
APN
162-19-601-006
UPID
US62-0429336
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
-
Harmon Warehouse Center Business Service Center Corporate Office
-
Totally Mod Events, LLC Corporate Office
-
Vegas Windows and Doors by Solup Hardware & Home Improvement Interior Design
-
Executive Printing Services Textile Manufacturer Factory
-
iWerx Connect Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$15.03M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.91M
Owner & transaction history
Mcfarlane Properties LLC · 9 yrs held
Mcfarlane Properties LLC
since 2017
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$16,280,000
6.5%
$15,025,000
7%
$13,955,000
Blend value · Realmo final
$11.91M
Range $10.72M – $13.10M · ±10%
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
$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
$74,093
Tax year 2023
Assessed value
$2,787,579
Assessed 2024
Previous assessed
$2,549,907
+9.3% YoY
Effective rate
2.66%
On assessed value
Assessed land
$1,210,228
Assessed improvement
$1,577,351
Land market value
$3,457,794
Improvement market value
$4,506,717
Total market value
$7,964,511
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Total area
135,400 SF
Lot
7.35 ac (320,166 SF)
APN
162-19-601-006
UPID
US62-0429336
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
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Lot
7.35 ac
Current owner
From public records · entity-resolved
Mcfarlane Properties LLC
Entity
Mailing address
1750 E DEERE AVE, SANTA ANA, CA 92705-5719
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2022
—
Mcfarlane Properties LLC
—
Deed
related
$2,850,000 · Ameriprise Certificate Company
Jun 18, 2021
—
Mcfarlane Properties LLC
—
Deed
related
$2,600,000 · Ameriprise Certificate Company
Jan 13, 2017
$15,150,000
Mcfarlane Properties LLC
Bkm Wind River 105 LLC
Grant Deed
$2,850,000 · Other Institutional Lenders
Oct 15, 2014
$9,100,000
Bkm Wind River 105 LLC
Soci Vv LLC
Grant Deed
$8,065,000 · Pccp Credit Vi Reit-sub Holdco
Jul 2, 2013
—
County Of Clark
Soci Vv LLC
Grant Deed
related
—
Dec 29, 1995
$2,495,000
Terra Grandis
Fertitta Enterprises INC
Grant Deed
—
Nov 28, 1995
$2,495,000
Tiberti Co
Fertitta Enterprises INC
Grant Deed
$625,000 · Seller
Sep 13, 1995
$4,978,500
Fertitta Enterprises INC
Kern County Emp Retirement
Grant Deed
—
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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