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Property profile & analytics
OFF-MARKET
Estimated value
$5,180,000
Warehouses
5220 Jones Blvd Las Vegas, NV 89118-0517
Entity Owned
10-yr Hold
Free & Clear
Property ID
US62-1282399
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1998
Construction
STEEL FRAME
Total area
46,800 SF
Lot
3.99 ac (173,804 SF)
APN
163-25-202-001
UPID
US62-1282399
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
-
U-Box at U-Haul Storage Facility
-
Self-Storage at U-Haul Storage Facility
-
Truck Sales at U-Haul Car Dealership
-
Moving Supplies at U-Haul Big Box & Wholesale Store
-
Trailer Rental at U-Haul Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.68M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.18M
Owner & transaction history
Arec 22 LLC · 10 yrs held
Arec 22 LLC
since 2016
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%
$7,235,000
6.5%
$6,675,000
7%
$6,200,000
Blend value · Realmo final
$5.18M
Range $4.66M – $5.70M · ±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
$111 / 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
$56,402
Tax year 2023
Assessed value
$2,234,459
Assessed 2024
Previous assessed
$2,014,668
+10.9% YoY
Effective rate
2.52%
On assessed value
Assessed land
$1,034,134
Assessed improvement
$1,200,325
Land market value
$2,954,669
Improvement market value
$3,429,500
Total market value
$6,384,169
Applied tax rate
417.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1998
Construction
STEEL FRAME
Heating
NONE
Cooling
EVAPORATIVE
Buildings
3
Stories
2
Units
756
Total area
46,800 SF
Lot
3.99 ac (173,804 SF)
APN
163-25-202-001
UPID
US62-1282399
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
1998
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
2
Buildings
3
Units
756
Lot
3.99 ac
Current owner
From public records · entity-resolved
Arec 22 LLC
Entity
Free & Clear · 10 yrs held
Mailing address
2727 N CENTRAL AVE, PHOENIX, AZ 85004-1120
Ownership since
2016
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
Jul 12, 2016
—
Arec 22 LLC
Amerco Real Estate Company
Bargain And Sale Deed
—
Nov 14, 2013
$4,672,500
Amerco Real Estate Co
Us Bank NA Series 2005-c7
Grant Deed
—
Jun 12, 2013
$3,000,000
Us Bank NA Series 2005-c7 Tr
Nevada Title Co
Trustees Deed
related
—
Aug 18, 2005
$6,500,000
Ams Property Investments LLC
K & G Co LLC
Grant Deed
$5,200,000 · Ubs Real Estate Investments INC
Dec 27, 1995
$600,000
K & G Co LLC
R K G Trust
Grant Deed
$1,400,000 · Us Bank Of Nevada
May 22, 1991
$23,000
R,k G Trust
Unknown
Grant Deed
—
—
—
K & G Co LLC
—
Deed Of Trust
related
$1,570,000 · Colonial 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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