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Property profile & analytics
OFF-MARKET
Warehouses
668 Wls Rd, Boulder City, NV 89005-1717
Individually Owned
4-yr Hold
Free & Clear
Property ID
US62-0456985
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,120 SF
Lot
0.39 ac (16,988 SF)
APN
186-08-110-009
UPID
US62-0456985
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Joe Urbanek · 4 yrs held
Joe Urbanek
since 2022
Last sale
$490,000
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 Boulder City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boulder City 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,931
Tax year 2023
Assessed value
$122,783
Assessed 2024
Previous assessed
$114,716
+7.0% YoY
Effective rate
2.39%
On assessed value
Assessed land
$72,539
Assessed improvement
$50,244
Land market value
$207,254
Improvement market value
$143,554
Total market value
$350,808
Applied tax rate
58.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
EVAPORATIVE
Stories
1
Total area
3,120 SF
Lot
0.39 ac (16,988 SF)
APN
186-08-110-009
UPID
US62-0456985
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
Building & site characteristics
From public records
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Joe Urbanek
Individual
Free & Clear · 4 yrs held
Mailing address
1000 NEVADA WAY STE #206, BOULDER CITY, NV 89005-1829
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2022
—
Joe Urbanek
Sami Investments LLC
Re-recorded Document
related
—
Nov 13, 2020
$490,000
Joe Urbanek
Sami Invs LLC
Grant Deed
—
Aug 22, 2011
$300,000
High Scaler Investments LLC
Linda J Surla
Bargain And Sale Deed
$240,000 · Boulder Dam Cu
Sep 15, 2010
—
Kevin L Motley
Kevin Motley
Intrafamily Transfer
related
$30,000 · Boulder Dam Cu
May 19, 2008
—
Motley Kevin Trust
Motley,kevin L
Quit Claim Deed
related
—
Mar 9, 2007
—
Kevin L Motley
Motley,vicki S
Quit Claim Deed
related
—
Oct 8, 2002
—
Kevin L Motley
Motley,kevin L
Quit Claim Deed
related
$250,000 · Boulder Dam Cu
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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