6250 Mtn Vis St Henderson, NV 89014-2320
Property profile & analytics
6250 Mtn Vis St, Henderson, NV 89014-2320
- Office buildings
- 14,856 SF
- 2.11 lot acres
Property ID
US62-0424201
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Tumbling Boulders / Gym & Fitness Center
- Lucky Joe's Saloon / Bar & Pub / Nightclub
- 702 Computer Repair / Computer & Electronic Repair
- Very Stylish Esthetics / Alternative Medicine Practice / Spa & Massage Center
- Full Circle Resale LLC / Discount Store
Property Details for 6250 Mtn Vis St
- Year built
- 1983
- Construction
- METAL FRAME
- Lot size
- 2.11 lot acres
- Property type
- Office buildings
- APN
- 161-32-701-009
- APU
- 16132701009
Description
Peppertree Ridge, a 31,307-square-foot mixed-use property in Henderson, Nevada, presents a compelling value-add opportunity. Located at the signalized intersection of Mountain Vista Street and Ramrod Avenue, this two-story, 1983-built building boasts 32 units across 27,843 net rentable square feet, currently operating at 87% occupancy. The property sits on a 2.11-acre lot (APN 161-32-701-009) and is zoned CC. With an asking price of $3,690,000 ($118/SF) and a current NOI of $258,517, resulting in a 7.00% cap rate, this investment offers significant upside potential. The property's prime location, near the US-95 freeway and the expansive Henderson Town Center (a 250,000-square-foot shopping center), benefits from high traffic counts (approximately 28,000 cars daily) and proximity to dense multifamily housing (1,762 units within one mile). The current lease structure presents a significant value-add opportunity: only two tenants are on triple-net leases, and many tenants are on short-term leases paying below-market rents. This allows for potential lease renewals at increased rates, conversion of gross leases to triple-net leases, and replacement of underperforming tenants, ultimately enhancing income and property value.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,210,000
- ML approach
- $2,300,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,335,000
- 6.5%
- $4,000,000
- 7%
- $3,715,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,866,000
Market price range: $663k - $3.75M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $4,305,000 Current use
- RETAIL STORES
- $4,090,000 Change: -5% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Henderson
- County
- Clark
- State
- Nevada
- Longitude
- -115.073
- Latitude
- 36.0758
- CBSA code
- 29820
- CBSA name
- LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$21,107
$321,692
$699,311
$1,021,003
-
$919,120
$1,998,031
$2,917,151
