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    Property profile & analytics

    46 Water St Henderson, NV 89015-7223

    • Bars
    • 5,282 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $2,430,000
    Last Sale
    Oct 12, 2022
    $2,800,000
    Location Intelligence
    Property ID
    US62-1257462
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • BLVD Grille / Restaurant

    Property Details for 46 Water St

    Year built
    1966
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.14 lot acres
    Property size
    5,282 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    179-18-611-191
    APU
    17918611191

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,370,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,510,000
      6.5%
      $3,010,000
      7%
      $2,610,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,345,000
      Geo Method
      $2,920,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,910,000
      Retail
      $3,000,000
      Mixed-Use
      $2,660,000
      Hospitality
      $2,245,000
      Educational
      $2,500,000
      Residential Income
      $2,490,000
      Energy
      $2,790,000
      Income-Based Land
      $2,400,000
      Food Service
      $2,295,000

    Location Insight

    • Map
    • Local Demand
    City
    Henderson
    County
    Clark
    State
    Nevada
    Longitude
    -114.985
    Latitude
    36.0344
    CBSA code
    29820
    CBSA name
    LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,252
    $25,612
    $98,804
    $124,416
    -
    $73,177
    $282,297
    $355,474

    Comparable in this City

    • Value Estimation
      $2,440,000
      7,605 SF

      128 Market St

      BAR, TAVERN • 7,605 SF
      128 Market St, Henderson, NV 89015-7365
      View Details
    • Value Estimation by Request
      5,974 SF

      107 Water St

      BAR, TAVERN • 5,974 SF
      107 Water St, Henderson, NV 89015-7440
      View Details
    • Value Estimation
      $685,000
      4,742 SF

      646 Horizon Dr

      BAR, TAVERN • 4,742 SF
      646 Horizon Dr, Henderson, NV 89015
      View Details
    • Value Estimation
      $930,000
      5,790 SF

      754 Boulder Hwy

      BAR, TAVERN • 5,790 SF
      754 Boulder Hwy, Henderson, NV 89015-7589
      View Details
    • Value Estimation
      $820,000
      4,969 SF

      1442 Lk Mead Pkwy

      BAR, TAVERN • 4,969 SF
      1442 Lk Mead Pkwy, Henderson, NV 89015-4601
      View Details
    • Value Estimation
      $425,000
      9,627 SF

      642 Boulder Hwy

      BAR, TAVERN • 9,627 SF
      642 Boulder Hwy, Henderson, NV 89015-7574
      View Details

    Similar Nearby for Sale

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      Restaurants • 1,533 SF
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      Retail property with a new 15-year absolute triple net lease.
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      Henderson Shopping Center For Sale

      Fully occupied shopping center in Henderson, Nevada, anchored by Albertsons.
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    • $230,000
      0.69 Acres

      Henderson Land with Mountain Views

      Residential land in Henderson, NV, with mountain views.
      Parawan St, Henderson, NV 89015
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    Similar Nearby for Lease

    • $3 SF/Yr
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      Upscale Retail Center Space Available

      Retail suites available in growing Henderson location.
      1473 E Lake Mead Pkwy, Henderson, NV 89015
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    • $3 SF/Yr
      2,510 SF

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      Upscale retail spaces available near Cadence and Lake Las Vegas.
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    • $3 SF/Yr
      1,171 SF

      Retail Space Near Growing Communities

      Upscale retail center with tenant improvements available near new housing.
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    • $3 SF/Yr
      4,279 SF

      Upscale Retail Center Space Available

      Retail and restaurant spaces available in growing Henderson area.
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    • $2 SF/Yr
      2,858 SF

      Restaurant Space with Grease Trap

      Second-generation restaurant space available for lease.
      290 E Horizon Dr, Henderson, NV 89015
      View Details
    • Contact for pricing
      38,167 SF

      Boulder Marketplace Anchor Space

      Henderson, NV Retail Anchor Opportunity
      716 Boulder Hwy, Henderson, NV 89015
      View Details

    Property Visit Statistics

    • Visits by month
      5.3k
    • Visitors by month
      4.1k
    • Avg Time on site
      16 min
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    46 Water St
    Henderson, NV 89015-7223
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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