Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$14,430,000
Distribution centers
6150 Pecos Rd Las Vegas, NV 89120-3209
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-0561196
Property summary
AI-generated overview
This exceptional 37,350-square-foot industrial warehouse, built in 2023, is ideally situated in Las Vegas' Airport submarket at 6150 S. Pecos Road, Clark County, NV 89120. The single-story building features one suite, offering a contiguous space of 37,350 square feet. The property boasts a modern design, including 2,000 square feet of high-image office space with ADA-compliant restrooms and a shower. The warehouse area, encompassing 35,350 square feet, benefits from evaporative cooling, 54' x 45' column spacing, and ample loading capabilities with 60' speed bays. Access is provided by one 12' x 14' grade-level door and nine 9' x 10' dock-high doors. The property is zoned M-D (Clark County) and has a 400-amp, 220/480v, 3-phase power supply. The property is currently available for sublease, with the sublease expiring May 31, 2029. The lease rate is $1.26 per square foot (NNN), with CAMs at $0.21 per square foot. This prime location offers easy access to major transportation routes and is perfect for distribution and warehouse operations. The APN is 161-31-301-014.
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2022
Total area
150,120 SF
Lot
8.51 ac (370,696 SF)
APN
161-31-301-014
UPID
US62-0561196
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
$16.66M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.43M
Owner & transaction history
Lv Pecos Road LP · 1 yrs held
Lv Pecos Road LP
since 2025
1 recorded transaction
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%
$18,050,000
6.5%
$16,660,000
7%
$15,470,000
Blend value · Realmo final
$14.43M
Range $12.99M – $15.87M · ±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
$96 / 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
$152,685
Tax year 2023
Assessed value
$6,027,716
Assessed 2024
Previous assessed
$1,167,692
+416.2% YoY
Effective rate
2.53%
On assessed value
Assessed land
$1,297,436
Assessed improvement
$4,730,280
Land market value
$3,706,960
Improvement market value
$13,515,086
Total market value
$17,222,046
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2022
Stories
1
Total area
150,120 SF
Lot
8.51 ac (370,696 SF)
APN
161-31-301-014
UPID
US62-0561196
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
2022
Stories
1
Lot
8.51 ac
Current owner
From public records · entity-resolved
Lv Pecos Road LP
Entity
Mailing address
2020 4TH ST SW AB
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2025
—
Lv Pecos Road LP
—
Deed
related
$125,000,000 · Toronto Dominion 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6150 Pecos Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
