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Property profile & analytics
OFF-MARKET
Estimated value
$2,950,000
Distribution centers
6320 Hinson St Las Vegas, NV 89118-6825
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US62-1305138
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2000
Construction
CONCRETE
Total area
5,714 SF
Lot
0.51 ac (22,216 SF)
APN
162-31-811-007
UPID
US62-1305138
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
$2.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.95M
Owner & transaction history
Rjy Investments LLC · 2 yrs held
Rjy Investments LLC
since 2024
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.1M
+238.3%
Commercial (general)
$3.6M
+196.9%
Auto repair, garage
$3.2M
+160.7%
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
$2,950,000
ML approach
$2,950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$4,120,000
Change: +238% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,615,000
Change: +197% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,175,000
Change: +161% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,480,000
Change: +104% · Conversion: Moderate
RETAIL STORES
$2,135,000
Change: +75% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,820,000
Change: +49% · Conversion: Easy
Blend value · Realmo final
$2.95M
Range $2.66M – $3.25M · ±10% · vs last sale $2.95M (Feb 13 2024)
Last sale anchor
$2.95M
Feb 13 2024
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
$516 / 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
$6,329
Tax year 2023
Assessed value
$303,809
Assessed 2024
Previous assessed
$278,355
+9.1% YoY
Effective rate
2.08%
On assessed value
Assessed land
$120,677
Assessed improvement
$183,132
Land market value
$344,791
Improvement market value
$523,234
Total market value
$868,025
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
2000
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Total area
5,714 SF
Lot
0.51 ac (22,216 SF)
APN
162-31-811-007
UPID
US62-1305138
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
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$4.1M
COMMERCIAL (GENERAL)
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$3.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.5M
RETAIL STORES
Est. value
$2.1M
INDUSTRIAL (GENERAL)
Est. value
$1.8M
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Rjy Investments LLC
Entity
Mailing address
11675 GLOWING SUNSET LN, LAS VEGAS, NV 89135-1659
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2024
—
Rjy Investments LLC
Rjy Investments LLC
Intrafamily Transfer
related
—
Oct 17, 2022
$2,950,000
Rjy Investments LLC
Sky Distribution LLC
Bargain And Sale Deed
$1,550,000 · Zb NA
Dec 28, 2020
$1,810,000
Sky Distributing LLC
Gcp Property Holdings LLC
Grant Deed
—
Feb 23, 2017
$1,170,000
Gcp Property Holdings LLC
Westside INC
Grant Deed
related
—
Oct 9, 2012
$580,000
Westside INC
Bank Of Las Vegas
Bargain And Sale Deed
—
Jul 18, 2012
$237,000
Bank Of Las Vegas
Kolesar & Leatham
Trustees Deed
related
—
May 23, 2005
$1,085,000
Source II LLC
Silverado Plastering
Grant Deed
$550,000 · Cit Lending Services Corp
—
—
Source II LLC
—
Deed Of Trust
related
$553,000 · Bank Of Las Vegas
—
—
Silverado Plastering Co INC
—
Deed Of Trust
related
$600,000 · Nevada State Bank
—
—
Source II LLC
—
Deed Of Trust
related
$454,000 · Nevada State Development Corp
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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