Entity Owned Property summary
AI-generated overview
This prime 13,980 square foot Class A retail strip center is located at 650 E Horizon Dr, Henderson, NV 89015. Built in 1999, the single-story building sits on a 1.36-acre lot and is zoned CN. The property boasts excellent visibility and accessibility, with convenient access from College Drive and Horizon Drive, providing easy access from both Boulder City and Henderson/Las Vegas. Currently, there is 2,080 square feet of vacant space available, perfect for a variety of retail uses. The center is situated in an established area of Henderson, near the College of Southern Nevada, ensuring a strong customer base. The property benefits from high traffic counts and is surrounded by strong national tenants and residential neighborhoods. This presents a unique investment opportunity in a thriving retail market. The property features a total of 13,980 square feet, with one building. The property's location offers significant advantages for businesses seeking high visibility and convenient access for customers. This is an exceptional opportunity to acquire a well-located retail property in a high-growth area.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1999
Construction
FRAME
Total area
12,272 SF
Lot
1.36 ac (59,242 SF)
APN
179-29-501-006
UPID
US62-0068245
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Atm Currency Exchange Service
-
Hair Salon Nail Salon
-
Hair Salon
-
Nail Salon
-
Atm Bank
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.33M
Owner & transaction history
since 2022
Last sale
$2.8M
7 recorded transactions
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.33M
Value range
$2.10M – $2.56M
±10% around blend
Estimated value / SF
$190 / SF
Confidence
Low
4 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
40
$2.10M
blend $2.33M
$2.56M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
12,272 SF
Lot area
1.36 ac
Year built
1999
Stories
1
APN
179-29-501-006
Assessed value
$507,703
Annual tax
$14,045
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$3.09M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
11.1 mi away · 9,545 SF
13.4 mi away · 13,176 SF
13.8 mi away · 15,780 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.33M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 59 sales
$440
-57%
County 324 sales
$435
-56%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $190/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.75M
Move the market yield to see immediate price impact.
Value / SF
$224
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$173k
$3.47M
$2.47M
$1.93M
$193k
$3.85M
$2.75M
$2.14M
$212k
$4.24M
$3.02M
$2.35M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$3.60M
9.9 mi · Dec 2025 · $279/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,045
Tax year 2023
Assessed value
$507,703
Assessed 2024
Previous assessed
$474,475
+7.0% YoY
Effective rate
2.77%
On assessed value
Assessed land
$207,347
Assessed improvement
$300,356
Land market value
$592,420
Improvement market value
$858,160
Total market value
$1,450,580
Applied tax rate
505.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1999
Construction
FRAME
Heating
YES
Stories
1
Total area
12,272 SF
Lot
1.36 ac (59,242 SF)
APN
179-29-501-006
UPID
US62-0068245
Jurisdiction
CLARK
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Building & site characteristics
From public records
Year built
1999
Construction
FRAME
Heating
YES
Stories
1
Lot
1.36 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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