6625 Lk Mead Blvd Las Vegas, NV 89156-7014
Entity Owned
Absentee Owner
Free & Clear
Estimated value (blended)
$4.91M
Range $4.41M – $5.40M (±10%)
Property ID
US62-0346623
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2010
Construction
STEEL FRAME
Total area
52,756 SF
Lot
3.62 ac (157,687 SF)
APN
140-22-715-008
UPID
US62-0346623
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
-
Storage Facility
-
Car Rental Facility
-
Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.91M
Owner & transaction history
since 2026
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 7 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$4.91M
Value range
$4.41M – $5.40M
±10% around blend
Estimated value / SF
$93 / SF
Confidence
High
7 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
70
$4.41M
blend $4.91M
$5.40M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
52,756 SF
Lot area
3.62 ac
Year built
2010
Stories
2
APN
140-22-715-008
Assessed value
$2,065,863
Annual tax
$40,819
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
$12.88M
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
12.2 mi away · 41,832 SF
13.1 mi away · 68,428 SF
14.3 mi away · 46,950 SF
16.4 mi away · 52,232 SF
17.5 mi away · 67,440 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.91M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 421 sales
$186
-50%
County 689 sales
$178
-48%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $93/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
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
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.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 7 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
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$2.07M
Move the market yield to see immediate price impact.
Value / SF
$39
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%
$130k
$2.60M
$1.86M
$1.45M
$145k
$2.89M
$2.07M
$1.61M
$159k
$3.18M
$2.27M
$1.77M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$12.32M
3.9 mi · Aug 2025 · $190/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$40,819
Tax year 2023
Assessed value
$2,065,863
Assessed 2024
Previous assessed
$1,859,588
+11.1% YoY
Effective rate
1.98%
On assessed value
Assessed land
$410,065
Assessed improvement
$1,655,798
Land market value
$1,171,614
Improvement market value
$4,730,851
Total market value
$5,902,465
Applied tax rate
340.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2010
Construction
STEEL FRAME
Heating
HEAT PUMP
Buildings
2
Stories
2
Units
522
Total area
52,756 SF
Lot
3.62 ac (157,687 SF)
APN
140-22-715-008
UPID
US62-0346623
Jurisdiction
CLARK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2010
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
2
Buildings
2
Units
522
Lot
3.62 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.
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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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