Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7490 Commercial Way Henderson, NV 89011
    Property profile & analytics

    7490 Commercial Way, Henderson, NV 89011

    View on Map
    • Industrial properties
    • 27,519 SF
    • 1.47 lot acres
    For Sale
    $8,000,000
    View Listing →
    Henderson Warehouse with Office Space For Sale
    $8,000,000
    24,748 SF

    Henderson Warehouse with Office Space

    27,748 SF warehouse with office in Henderson, Nevada.

    7490 Commercial Way, Henderson, NV 89011
    View Listing
    Property ID
    US62-0270095
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Infinity Auto Insurance / Corporate Office
    • Bechtel / Warehouse & Storage

    Property Details for 7490 Commercial Way

    Year built
    2001
    Construction
    CONCRETE
    Lot size
    1.47 lot acres
    Property type
    Industrial properties
    APN
    178-11-115-009
    APU
    17811115009

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,910,000
      6.5%
      $3,610,000
      7%
      $3,350,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,664,000
      Market price range: $3.09M - $6.61M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $5,095,000
      Current use
      OFFICE BUILDING
      $8,595,000
      Change: +69% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Henderson
    County
    Clark
    State
    Nevada
    Longitude
    -115.022
    Latitude
    36.0534
    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
    $19,321
    $268,939
    $749,406
    $1,018,345
    -
    $768,397
    $2,141,160
    $2,909,557

    Comparable in this City

    • Value Estimation by Request
      32,092 SF

      520-600 Sunset Rd

      Refrigerated & Cold Storage
      520-600 Sunset Rd, Henderson, NV 89011
      View Details
    • Value Estimation by Request
      1,200 SF

      520 Sunset Rd Ste, Unit 13

      INDUSTRIAL (GENERAL)
      520 Sunset Rd Ste, Henderson, NV 89011-4118
      View Details
    • Value Estimation by Request
      1,200 SF

      520 Sunset Rd Ste, Unit 16

      INDUSTRIAL (GENERAL)
      520 Sunset Rd Ste, Henderson, NV 89011-4118
      View Details
    • Value Estimation by Request
      1,800 SF

      520 Sunset Rd Ste, Unit 5

      INDUSTRIAL (GENERAL)
      520 Sunset Rd Ste, Henderson, NV 89011-4117
      View Details
    • Value Estimation by Request
      1,200 SF

      520 Sunset Rd Ste, Unit 7

      INDUSTRIAL (GENERAL)
      520 Sunset Rd Ste, Henderson, NV 89011-4117
      View Details
    • Value Estimation
      $2,755,000
      14,875 SF

      1239 Boulder Hwy

      HEAVY INDUSTRIAL
      1239 Boulder Hwy, Henderson, NV 89011-5380
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,757 SF

      Industrial Property Near Boulder Hwy

      Industrial property located near the Cadence masterplan.
      1767 Athol Ave, Henderson, NV 89011
      View Details
    • Contact for pricing
      230,990 SF

      Henderson Warehouse with Trailer Parking

      230,990 SF warehouse with trailer parking in Henderson, NV.
      505 W Warm Springs Rd, Henderson, NV 89011
      View Details
    • Contact for pricing
      24,748 SF

      Henderson Warehouse with Office Space

      27,748 SF warehouse with office in Henderson, Nevada.
      7490 Commercial Way, Henderson, NV 89011
      View Details
    • $5,589,360

      Henderson Industrial Flex Space Available

      Industrial flex space with office, warehouse, and mezzanine areas.
      7511 Eastgate Rd, Henderson, NV 89011
      View Details
    • Contact for pricing
      17,744 SF

      Henderson Flex Space with Yard

      Flex space with office, warehouse, gated yard, and mezzanine.
      7511 Eastgate Rd, Henderson, NV 89011
      View Details
    • Contact for pricing

      Modern Industrial Park for Sale

      Four-building industrial park with modern warehouse and distribution features.
      120 East Galleria Dr, Henderson, NV 89011
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,423 SF

      Industrial Space Available For Lease

      Industrial property featuring fire sprinklers and evaporative cooler.
      665 Middlegate Rd, Henderson, NV 89011
      View Details
    • Contact for pricing

      Sunset Road Commercial Property Available

      Retail, restaurant, automotive, and industrial spaces for lease.
      520-600 W Sunset Rd, Henderson, NV 89011
      View Details
    • Contact for pricing
      56,986 SF

      New Industrial Park on Sunset

      Multi-tenant industrial project with spaces from 11,840 to 33,306 SF.
      748 West Sunset Rd, Henderson, NV 89011
      View Details
    • Contact for pricing
      125,190 SF

      Henderson Warehouse with Trailer Parking

      125,190 SF warehouse with 32 trailer parking stalls.
      120 E Galleria Dr, Henderson, NV 89011
      View Details
    • Contact for pricing
      149,233 SF

      Galleria Logistics Park Warehouse

      State-of-the-art rear-loaded facility with ample parking.
      200 E Galleria Dr, Henderson, NV 89011
      View Details
    • Contact for pricing
      23,339 SF

      Industrial Endcap Unit Available Soon

      23,339 SF industrial space with loading docks, available August 2026.
      748 W Sunset Rd, Henderson, NV 89011
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7490 Commercial Way
    Henderson, NV 89011
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7490 Commercial Way, Henderson, NV, 89011
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!