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Property profile & analytics
OFF-MARKET
Warehouses
7000 Placid St Las Vegas, NV 89119-4201
Entity Owned
3-yr Hold
Free & Clear
Property ID
US62-0440507
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1994
Construction
CONCRETE
Total area
287,268 SF
Lot
16.74 ac (729,194 SF)
APN
177-04-710-001
UPID
US62-0440507
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
-
Foliot Furniture Production Facility Factory
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
7000 Placid Street LLC · 3 yrs held
7000 Placid Street LLC
since 2023
Last sale
$55.9M
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 2023Property tax & assessments
Tax year 2023
Tax billed
$172,304
Tax year 2023
Assessed value
$8,012,232
Assessed 2024
Previous assessed
$6,833,738
+17.2% YoY
Effective rate
2.15%
On assessed value
Assessed land
$3,828,269
Assessed improvement
$4,183,963
Land market value
$10,937,911
Improvement market value
$11,954,180
Total market value
$22,892,091
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
1994
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Buildings
2
Stories
1
Total area
287,268 SF
Lot
16.74 ac (729,194 SF)
APN
177-04-710-001
UPID
US62-0440507
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
1994
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
2
Lot
16.74 ac
Current owner
From public records · entity-resolved
7000 Placid Street LLC
Entity
Free & Clear · 3 yrs held
Mailing address
60 STATE ST STE #2200, BOSTON, MA 02109-1884
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2023
$55,850,000
7000 Placid Street LLC
Icon Nv Industrial Owner Pool 3 Nv
Bargain And Sale Deed
—
Oct 4, 2019
—
Icon Nv Indl Owner Pool 3 Nev
—
Grant Deed
related
—
Mar 17, 2015
—
Icon Nv Industrial Owner Pool 3 Nev
Bre Nv Industrial Properties LLC
Bargain And Sale Deed
$411,000,000 · Goldman Sachs Mortgage Co
Dec 6, 2010
—
Prologis
Prologis
Quit Claim Deed
related
—
Nov 30, 2010
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
$514,000,000 · Wells Fargo Bank
Mar 20, 1998
$5,511,500
Jsc Mdn II
Jsc-nevada INC
Grant Deed
—
Dec 7, 1993
—
Clark County
J S C Nevada INC
Quit Claim Deed
related
—
Sep 22, 1993
$2,224,000
Jsc-nevada INC
Mc Carran Airpor
Grant Deed
$7,600,000 · Nationsbank Of Texas
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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