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Property profile & analytics
OFF-MARKET
Estimated value
$6,410,000
Warehouses
80 Horizon Rdg Pkwy Henderson, NV 89002-7935
Individually Owned
10-yr Hold
Free & Clear
Property ID
US62-0385076
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2005
Construction
STEEL FRAME
Total area
72,200 SF
Lot
2.81 ac (122,404 SF)
APN
179-30-114-020
UPID
US62-0385076
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
-
Penske Truck Rental Car Rental Facility
-
CubeSmart Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.81M
Blend (final)
Blend
$6.41M
Owner & transaction history
Simmons Self Storage Partner · 10 yrs held
Simmons Self Storage Partner
since 2016
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 Henderson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Henderson 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.41M
Range $5.77M – $7.05M · ±10%
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
$89 / 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
$37,036
Tax year 2023
Assessed value
$1,664,836
Assessed 2024
Previous assessed
$1,509,239
+10.3% YoY
Effective rate
2.22%
On assessed value
Assessed land
$514,097
Assessed improvement
$1,150,739
Land market value
$1,468,849
Improvement market value
$3,287,826
Total market value
$4,756,675
Applied tax rate
505.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2005
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Buildings
2
Stories
2
Units
488
Total area
72,200 SF
Lot
2.81 ac (122,404 SF)
APN
179-30-114-020
UPID
US62-0385076
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
2005
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Buildings
2
Units
488
Lot
2.81 ac
Current owner
From public records · entity-resolved
Simmons Self Storage Partner
Individual
Free & Clear · 10 yrs held
Mailing address
PO BOX 320099, ALEXANDRIA, VA 22320-4099
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2016
—
Simmons Self Storage Partner
Sheriff Of Clark County|rib Roof INC
Trustees Deed
related
—
Nov 4, 2014
$8,897,602
Cubesmart LP
Hsrep II Storage-henderson LLC
Grant Deed
—
Dec 22, 2008
$5,705,343
Hsrep II Storage Henderson LLC
Ss East Horizon Ridge Pkwy LLC
Grant Deed
$65,200,000 · Wachovia Bank NA
Aug 3, 2007
$8,129,850
Ss East Horizon Ridge Pkwy LLC
Transwestern Investment Corp LLC
Bargain And Sale Deed
$7,457,983 · Wachovia Bank NA
Dec 21, 2006
$100,000
Transwestern Inv Corp LLC
Horizon Mini Storage LLC
Grant Deed
—
Nov 22, 2006
$6,300,000
Transwestern Invs Corp LLC
Horizon Mini Storage LLC
Grant Deed
$5,850,000 · Silver State Bank
Oct 1, 2004
—
Horizon Vst LLC
Horizon Junction LLC
Quit Claim Deed
related
—
Aug 24, 2004
$903,968
Horizon Mini Storage LLC
Horizon Junction LLC
Grant Deed
related
$3,504,000 · Colonial Bank
—
—
Hsrep II Storage-henderson LLC
—
Loan Modification
related
$70,000,000 · 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.
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