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Property profile & analytics
FOR LEASE
Industrial properties
500 Denmark Dr McCarran, NV 89437
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US62-0946399
For Lease
$41,660,000
500 Denmark Dr, McCarran, NV 89437
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Construction
CONCRETE
Total area
322,400 SF
APN
005-101-65
UPID
US62-0946399
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$41.66M
CAP Approach
CAP
$26.77M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$41.66M
Owner & transaction history
Cv Qozp Series D Deal 10 LLC · 1 yrs held
Cv Qozp Series D Deal 10 LLC
since 2025
Last sale
$41.7M
2 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 McCarran submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs McCarran 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
$41,660,000
ML approach
$41,660,000
CAP Approach
CAP Return
Estimation
6%
$29,000,000
6.5%
$26,765,000
7%
$24,855,000
Blend value · Realmo final
$41.66M
Range $37.49M – $45.83M · ±10% · vs last sale $41.66M (Jun 14 2024)
Last sale anchor
$41.66M
Jun 14 2024
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
$129 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$285,045
Tax year 2024
Assessed value
$9,401,459
Assessed 2024
Previous assessed
$9,401,459
+0.0% YoY
Effective rate
3.03%
On assessed value
Assessed land
$1,895,376
Assessed improvement
$7,506,083
Land market value
$5,415,360
Improvement market value
$21,445,950
Total market value
$26,861,310
Applied tax rate
12.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Construction
CONCRETE
Cooling
AC.PACKAGE
Stories
1
Total area
322,400 SF
APN
005-101-65
UPID
US62-0946399
Jurisdiction
STOREY
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
Construction
CONCRETE
Cooling
Yes
Stories
1
Current owner
From public records · entity-resolved
Cv Qozp Series D Deal 10 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
601 S FIGUEROA ST STE #3600, LOS ANGELES, CA 90017-5741
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2025
—
Cv Qozp Series D Deal 10 LLC
Pure Tric Qozb 2 LLC
Deed
related
—
Jun 14, 2024
$41,662,000
Cv Qozp Series D Deal 10 LLC
Pure Tric Qozb 2 LLC
Bargain And Sale 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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