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Property profile & analytics
OFF-MARKET
Estimated value
$13,065,000
Distribution centers
5345 En Belt Rd Las Vegas, NV 89115-1997
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US62-0535839
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2020
Construction
CONCRETE
Total area
173,820 SF
Lot
8.08 ac (351,965 SF)
APN
123-28-101-003
UPID
US62-0535839
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.07M
Owner & transaction history
Crp Of Caprock Interchange Indl · 7 yrs held
Crp Of Caprock Interchange Indl
since 2019
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$75 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$6,553
Tax year 2020
Assessed value
$665,214
Assessed 2021
Previous assessed
$665,214
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$665,214
Land market value
$1,900,611
Total market value
$1,900,611
Applied tax rate
250.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2020
Construction
CONCRETE
Heating
YES
Cooling
EVAPORATIVE
Stories
1
Total area
173,820 SF
Lot
8.08 ac (351,965 SF)
APN
123-28-101-003
UPID
US62-0535839
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
2020
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Lot
8.08 ac
Current owner
From public records · entity-resolved
Crp Of Caprock Interchange Indl
Individual
Mailing address
1300 DOVE ST STE #200, NEWPORT BEACH, CA 92660-2426
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2019
$9,292,869
Crp Of Caprock Interchange Indl
North Interchange Holdings LLC
Grant Deed
—
Jun 18, 2019
—
Nevada Dept Of Transportation
North Interchange Holdings LLC
Grant Deed
related
—
May 14, 2018
—
Devon Bolliger
Bolliger,preston
Quit Claim Deed
related
—
May 14, 2018
$5,468,000
North Interchange Holdings LLC
Parmer Carl Living Trus
Grant Deed
related
—
Feb 24, 2016
$500,000
Vvv-fsb-1 LLC
Nevada Title Co|flangas A A Living Trust RT
Trustees Deed
related
—
May 20, 2013
—
Brinton,robert B Trust
R B Brinton Family LP
Quit Claim Deed
related
—
Sep 10, 2012
—
Powell David L Trust
Powell David L Trust
Quit Claim Deed
related
—
Nov 17, 2009
$2,800,000
Parmer Carl Living Trust
Nevada Title Co
Trustees Deed
—
Jun 2, 1999
$1,150,000
Beltway I-15 LLC
Schooler,louis V
Grant Deed
$850,000 · Seller
—
—
Beltway I-15 LLC
—
Deed Of Trust
related
$9,400,000 · Parmer Carl Living Trust
—
—
Flangas Albert A Living Trust
—
Deed Of Trust
related
$827,307 · First Security Bank
—
—
Beltway 1-75 LLC
—
Deed Of Trust
related
$6,000,000 · Community Bank Nevada
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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