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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6900 Decatur Blvd Las Vegas, NV 89118-4318

    • Warehouses
    • 234,763 SF
    • 18.94 lot acres
    OFF-MARKET
    Last Sale
    Apr 22, 2022
    $7,004,384
    Value Estimations
    $7,915,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US62-1265456
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Interblock USA L.C. / Industrial Manufacturer / Production Facility
    • Interblock USA / Hotel & Motel / Resort
    • Mygrant Glass Co / Auto Repair Shop / (Bike/Boat/Book/etc) Store
    • Centurion Construction / Construction Company / General Contractor
    • Vin Sauvage / Big Box & Wholesale Store / Bar & Pub

    Property Details for 6900 Decatur Blvd

    Year built
    2022
    Lot size
    18.94 lot acres
    Property size
    234,763 SF
    Property type
    Warehouses
    APN
    177-06-201-049
    APU
    17706201049

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,880,000
      ML approach
      $8,070,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.206
    Latitude
    36.0654
    CBSA code
    29820
    CBSA name
    LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $454,761
    $5,313,167
    $12,472,684
    $17,785,851
    -
    $15,180,477
    $35,636,240
    $50,816,717

    Comparable in this City

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    • Value Estimation
      $48,835,000
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      7000 Lindell Rd

      WAREHOUSE, STORAGE • 446,884 SF
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    • Value Estimation
      $14,090,000
      208,672 SF

      4155 Russell Rd

      WAREHOUSE, STORAGE • 208,672 SF
      4155 Russell Rd, Las Vegas, NV 89118-2359
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    • Value Estimation
      $3,785,000
      32,190 SF

      5150 Decatur Blvd

      WAREHOUSE, STORAGE • 32,190 SF
      5150 Decatur Blvd, Las Vegas, NV 89118-1519
      View Details
    • Value Estimation
      $26,315,000
      314,360 SF

      6975 Decatur Blvd

      WAREHOUSE, STORAGE • 314,360 SF
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      View Details
    • Value Estimation
      $13,390,000
      198,712 SF

      5845 Wynn Rd

      WAREHOUSE, STORAGE • 198,712 SF
      5845 Wynn Rd, Las Vegas, NV 89118-3052
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      138,817 SF

      Industrial Warehouse with Loading Docks

      138,817 SF warehouse featuring multiple loading options.
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    • $7,200,000
      15,000 SF

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      15,000 SF industrial building with retail buildout on 2.1 acres.
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    • $4,600,000
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      Las Vegas Warehouse/Showroom with Billboard

      Warehouse/showroom in Stadium District with billboard income and accessibility improvements.
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    • $3,288,800
      8,222 SF

      Single-Tenant Office Building Near Freeway

      Freestanding office building with flexible space and convenient freeway access.
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    • Contact for pricing
      20,221 SF

      Las Vegas Warehouse Space

      20,221 square foot warehouse in Las Vegas, Nevada.
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    • $9,500,000
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      Versatile industrial space; event center potential.
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    Similar Nearby for Lease

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      39,475 SF

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      Industrial warehouse, 11.81 acres, available Feb 1, 2025.
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    • $18 SF/Yr
      102,275 SF

      Ali Baba Commerce Center: Las Vegas

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    • Contact for pricing
      50,000 SF

      Las Vegas Distribution Center

      50,000 SF Warehouse/Office Space
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    • $1.99 SF/Yr
      5,206 SF

      South Decatur Boulevard Flex Space

      Flex space in Bodega Business Park with freeway access.
      6001 South Decatur Blvd, Las Vegas, NV 89118
      View Details
    • $1.40 SF/Yr
      6,851 SF

      Modern Office/Showroom & Warehouse Space

      Move-in ready office, showroom, and warehouse spaces with dock loading.
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      View Details
    • $19 SF/Yr
      36,827 SF

      Decatur Bell Commerce Center

      Las Vegas Industrial Flex Space
      5010-5030 Decatur Blvd, Las Vegas, NV 89118
      View Details
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    6900 Decatur Blvd
    Las Vegas, NV 89118-4318
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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