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Property profile & analytics
OFF-MARKET
Estimated value
$29,105,000
Warehouses
6405 Centennial Skies Ct North Las Vegas, NV 89086
Entity Owned
5-yr Hold
Free & Clear
Property ID
US62-0419222
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2019
Construction
CONCRETE
Total area
213,768 SF
Lot
10.44 ac (454,766 SF)
APN
123-27-501-003
UPID
US62-0419222
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
$29.13M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$29.11M
Owner & transaction history
6405 East Centennial LLC · 5 yrs held
6405 East Centennial LLC
since 2020
Last sale
$27.2M
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 North Las Vegas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
$32,850,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$31,555,000
6.5%
$29,125,000
7%
$27,045,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$46,720,000
Current use
Blend value · Realmo final
$29.11M
Range $26.19M – $32.02M · ±10% · vs last sale $27.23M (Sep 24 2020)
Last sale anchor
$27.23M
Sep 24 2020
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
$136 / 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
$242,771
Tax year 2023
Assessed value
$9,984,257
Assessed 2024
Previous assessed
$9,260,625
+7.8% YoY
Effective rate
2.43%
On assessed value
Assessed land
$3,326,613
Assessed improvement
$6,657,644
Land market value
$9,504,609
Improvement market value
$19,021,840
Total market value
$28,526,449
Applied tax rate
250.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
2019
Construction
CONCRETE
Heating
YES
Cooling
EVAPORATIVE
Stories
1
Total area
213,768 SF
Lot
10.44 ac (454,766 SF)
APN
123-27-501-003
UPID
US62-0419222
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
WAREHOUSE, STORAGE Current
Est. value
$46.7M
WAREHOUSE, STORAGE Current
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
2019
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Lot
10.44 ac
Current owner
From public records · entity-resolved
6405 East Centennial LLC
Entity
Free & Clear · 5 yrs held
Mailing address
25258 CABOT RD, LAGUNA HILLS, CA 92653-5504
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2022
—
6405 East Centennial LLC
—
Deed
related
$10,000,000 · Wells Fargo Bank NA
Sep 24, 2020
$27,225
6405 East Centennial LLC
Speedway 10 Industrial LLC
Grant Deed
—
May 4, 2018
—
Speedway 10 Industrial LLC
—
Trustees Deed
related
$10,055,000 · Vectra Bk/co
Jan 22, 2018
$2,091,925
Speedway 10 Industrial LLC
Von Drehle Corp
Grant Deed
—
May 8, 2017
—
Von Drehle Corp
—
Loan Modification
related
$140,000,000 · Branch Bk&tr
Jul 1, 2014
$2,100,000
Von Drehle Corp
Higgins Collin J Trust
Grant Deed
—
Jun 27, 2014
$1,159,654
Higgins,jake Trust
Mt Hood 10 44 LLC
Grant Deed
—
Jun 24, 2013
$978,000
Mt Hood 10 44 LLC
Centennial West LLC
Grant Deed
—
—
—
Von Dhrele Corp
—
Deed Of Trust
related
$140,000,000 · Branch Bk&tr
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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