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Property profile & analytics
OFF-MARKET
Estimated value
$9,510,000
Warehouses
555 Pamalyn Ave Las Vegas, NV 89119-3633
Entity Owned
24-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-0381546
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
96,600 SF
Lot
3.69 ac (160,736 SF)
APN
177-03-201-009
UPID
US62-0381546
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
-
Las Vegas Beach Volleyball Gym & Fitness Center Sports Field & Court
-
Sakura International USA Inc. Marketing & Advertising Event Planning
-
Bell Stone Modular Construction Company General Contractor
-
Elevation3D Las Vegas Construction Company
-
Exposition Productions LLC Event Planning
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.72M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.51M
Owner & transaction history
Jennifer Park LLC · 24 yrs held
Jennifer Park LLC
since 2002
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%
$11,615,000
6.5%
$10,720,000
7%
$9,955,000
Blend value · Realmo final
$9.51M
Range $8.56M – $10.46M · ±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
$98 / 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
$49,248
Tax year 2023
Assessed value
$2,074,938
Assessed 2024
Previous assessed
$1,679,098
+23.6% YoY
Effective rate
2.37%
On assessed value
Assessed land
$843,864
Assessed improvement
$1,231,074
Land market value
$2,411,040
Improvement market value
$3,517,354
Total market value
$5,928,394
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
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Total area
96,600 SF
Lot
3.69 ac (160,736 SF)
APN
177-03-201-009
UPID
US62-0381546
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
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
3.69 ac
Current owner
From public records · entity-resolved
Jennifer Park LLC
Entity
Mailing address
6050 S FT APACHE RD STE 200A, LAS VEGAS, NV 89148-5614
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2002
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
Mar 5, 2021
—
Jennifer Park LLC
—
Deed
related
$3,100,000 · Symetra Life Insurance Co
Jan 31, 2002
—
Jennifer Park LLC
Landsburg Trust
Quit Claim Deed
related
—
Dec 21, 2001
—
Jennifer Park LLC
Landsburg Trust
Quit Claim Deed
related
$3,650,000 · Principal Life Insurance Co
Dec 1, 1995
$8,350,000
Schwartz Trust
Other Property INC
Grant Deed
$4,000,000 · Primerit Bank
Aug 17, 1995
$7,953,000
Other Property INC
Southpark Ltd
Grant Deed
$7,952,822 · Palace Investments INC
Jun 25, 1990
$300,000
Southpark Ltd
Unknown
Grant Deed
—
—
—
Jennifer Park LLC
—
Deed Of Trust
related
$3,550,000 · Symetra Life Insurance Co
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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