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Property profile & analytics
FOR LEASE
Office buildings
6628 Sky Pointe Dr Las Vegas, NV 89131
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-0299444
For Lease
1 / 2
Contact for pricing
6628 Sky Pointe Dr, Las Vegas, NV 89131
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Construction
CONCRETE
Total area
31,010 SF
Lot
2.06 ac (89,734 SF)
APN
125-21-710-007
UPID
US62-0299444
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
Current use
Occupant on record · Public records
-
Horace Mann Insurance Co Insurance Agency
-
Donald M. James, CADC II, NCAC II, CATC Counselor Addiction Treatment Center
-
360 INSURANCE Insurance Agency
-
Farmers Insurance - Lonnie Warren Insurance Agency
-
Las Vegas Website Solutions Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.62M
CAP Approach
CAP
$7.83M
Comparable Approach
Comparable
$5.13M
Blend (final)
Blend
$6.29M
Owner & transaction history
2617 Lamb LLC · 4 yrs held
2617 Lamb LLC
since 2022
Last sale
$5.8M
4 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 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
$6,560,000
ML approach
$6,615,000
CAP Approach
CAP Return
Estimation
6%
$8,485,000
6.5%
$7,830,000
7%
$7,270,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$9,390,000
Current use
INDUSTRIAL (GENERAL)
$9,180,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$6.29M
Range $5.66M – $6.92M · ±10% · vs last sale $5.80M (Mar 7 2022)
Last sale anchor
$5.80M
Mar 7 2022
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
$203 / 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
$38,418
Tax year 2023
Assessed value
$1,608,911
Assessed 2024
Previous assessed
$1,507,914
+6.7% YoY
Effective rate
2.39%
On assessed value
Assessed land
$565,324
Assessed improvement
$1,043,587
Land market value
$1,615,211
Improvement market value
$2,981,677
Total market value
$4,596,888
Applied tax rate
200.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2005
Construction
CONCRETE
Heating
YES
Stories
2
Total area
31,010 SF
Lot
2.06 ac (89,734 SF)
APN
125-21-710-007
UPID
US62-0299444
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
OFFICE BUILDING Current
Est. value
$9.4M
INDUSTRIAL (GENERAL)
Est. value
$9.2M
OFFICE BUILDING Current
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
2005
Construction
CONCRETE
Heating
YES
Stories
2
Lot
2.06 ac
Current owner
From public records · entity-resolved
2617 Lamb LLC
Entity
Mailing address
819 HAPPY SPARROW AVE, HENDERSON, NV 89052-3942
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2022
$5,800,000
2617 Lamb LLC
Cimarron Hamrick LLC
Bargain And Sale Deed
$3,480,000 · First Savings Bank
May 5, 2004
—
Cimarron Hamrick LLC
Cimarron Frontage LLC
Quit Claim Deed
related
—
—
—
Cimarron Hamrick LLC
—
Deed Of Trust
related
$2,500,000 · Miscellaneous Ins Co
—
—
Cimarron Hamrick LLC
—
Deed Of Trust
related
$3,850,000 · Red Rock Community Bank
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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