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Property profile & analytics
OFF-MARKET
Industrial properties
70 Imperial Ave Las Vegas, NV 89102-2536
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US62-0452573
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,174 SF
Lot
0.11 ac (4,792 SF)
APN
162-03-110-128
UPID
US62-0452573
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
-
Naakiti Floral Design (Bike/Boat/Book/etc) Store Florist
-
Cork and Thorn Nightclub Music Venue
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
Gary Creagh SR. · 11 yrs held
Gary Creagh SR.
since 2015
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 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
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 2020Property tax & assessments
Tax year 2020
Tax billed
$873
Tax year 2020
Assessed value
$46,874
Assessed 2021
Previous assessed
$46,874
+0.0% YoY
Effective rate
1.86%
On assessed value
Assessed land
$29,519
Assessed improvement
$17,355
Land market value
$84,340
Improvement market value
$49,586
Total market value
$133,926
Applied tax rate
203.0000
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
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
Off-Market
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Total area
4,174 SF
Lot
0.11 ac (4,792 SF)
APN
162-03-110-128
UPID
US62-0452573
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
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Gary Creagh SR.
Individual
Mailing address
3726 LAS VEGAS BLVD S UNIT 1706W, LAS VEGAS, NV 89158-4354
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2015
—
Gary Creagh SR.
Creagh Marlene D
Quit Claim Deed
related
—
Apr 8, 2015
$1,100,000
Gary Creagh SR.
Armstrong Lester A & Bina
Grant Deed
$770,000 · Velocity Com'l Cap
Oct 18, 2013
—
Lester A Armstrong II
Armstrong,lester A II & Karen L
Quit Claim Deed
related
—
Oct 14, 2013
—
Lester A Armstrong II
Armstrong,lester A & Bina D
Quit Claim Deed
related
—
Apr 3, 2013
—
Lester L Armstrong II
Armstrong,lester A & Bina D
Quit Claim Deed
related
—
Feb 27, 2013
—
Lester A Armstrong
Armstrong Floyd H Trust
Quit Claim Deed
related
—
Oct 22, 1997
—
William A Logan
Coluse Trust
Grant Deed
related
—
May 25, 1990
$20,000
Coluse Family Trust
Unknown
Grant Deed
—
—
—
Gary Creagh SR
—
Deed Of Trust
related
$930,000 · Cherrywood Com'l Lndg
—
—
Armstrong Floyd H Trust
—
Deed Of Trust
related
$255,000 · Wells Fargo 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.
Try Rey
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