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Property profile & analytics
OFF-MARKET
Estimated value
$38,075,000
Warehouses
6975 Decatur Blvd Las Vegas, NV 89118-4377
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US62-0121808
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2008
Total area
314,360 SF
Lot
30.18 ac (1,314,641 SF)
APN
176-01-710-001
UPID
US62-0121808
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
-
ORIGIN ACOUSTICS Industrial Manufacturer Production Facility
-
Ainsworth Game Technology Corporate Office
-
Lapp Tannehill Big Box & Wholesale Store
-
Las Vegas Artificial Lawns Landscaping General Contractor
-
Skyline Exhibits - Las Vegas Service Center Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$34.89M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$38.08M
Owner & transaction history
Beltway Business Park Warehouse No · 3 yrs held
Beltway Business Park Warehouse No
since 2022
Last sale
$41.3M
2 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
$34,710,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$37,795,000
6.5%
$34,885,000
7%
$32,395,000
Blend value · Realmo final
$38.08M
Range $34.27M – $41.88M · ±10% · vs last sale $41.35M (Dec 6 2022)
Last sale anchor
$41.35M
Dec 6 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
$121 / 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
$366,943
Tax year 2023
Assessed value
$16,902,062
Assessed 2024
Effective rate
2.17%
On assessed value
Assessed land
$8,098,189
Assessed improvement
$8,803,873
Land market value
$23,137,683
Improvement market value
$25,153,923
Total market value
$48,291,606
Applied tax rate
635.0000
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
2008
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Buildings
2
Stories
1
Total area
314,360 SF
Lot
30.18 ac (1,314,641 SF)
APN
176-01-710-001
UPID
US62-0121808
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
2008
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
2
Lot
30.18 ac
Current owner
From public records · entity-resolved
Beltway Business Park Warehouse No
Individual
Mailing address
13191 XRDS PKWY N, CITY OF INDUSTRY, CA 91746-3421
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2022
$41,349,105
Beltway Business Park Warehouse No
Beltway Business Park LLC
Bargain And Sale Deed
$53,000,000 · Prudential Insurance Of America
Dec 6, 2022
—
Beltway Business Park LLC
Beltway Business Park LLC
Intrafamily Transfer
related
—
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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