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Property profile & analytics
OFF-MARKET
Estimated value
$6,425,000
Warehouses
8620 Las Vegas S Blvd Las Vegas, NV 89123-1639
Entity Owned
2-yr Hold
Free & Clear
Property ID
US62-0370096
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
83,230 SF
Lot
2.07 ac (90,169 SF)
APN
177-16-301-015
UPID
US62-0370096
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
-
Hampton court apartments Apartment Complex
-
Self-Storage at U-Haul Storage Facility
-
U-Haul Moving & Storage at S Las Vegas Blvd Storage Facility
-
Trailer Hitches at U-Haul Auto Parts Store
-
U-Haul Moving & Storage of Enterprise Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.43M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.43M
Owner & transaction history
Mercury Storage 6 LLC · 2 yrs held
Mercury Storage 6 LLC
since 2024
Last sale
$6.4M
6 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
$6,425,000
ML approach
$6,425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.43M
Range $5.78M – $7.07M · ±10% · vs last sale $6.42M (Jun 5 2024)
Last sale anchor
$6.42M
Jun 5 2024
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
$77 / 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
$56,763
Tax year 2023
Assessed value
$2,633,694
Assessed 2024
Previous assessed
$2,633,694
+0.0% YoY
Effective rate
2.16%
On assessed value
Assessed land
$946,775
Assessed improvement
$1,686,919
Land market value
$2,705,071
Improvement market value
$4,819,769
Total market value
$7,524,840
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
4
Units
739
Total area
83,230 SF
Lot
2.07 ac (90,169 SF)
APN
177-16-301-015
UPID
US62-0370096
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
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
4
Units
739
Lot
2.07 ac
Current owner
From public records · entity-resolved
Mercury Storage 6 LLC
Entity
Free & Clear · 2 yrs held
Mailing address
207 E CLARENDON AVE, PHOENIX, AZ 85012-2072
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2024
$6,424,797
Mercury Storage 6 LLC
Uh Storage De Limited Partnership
Bargain And Sale Deed
—
May 17, 2004
—
Storage De LP U-haul
Bmo Global Capital Solutions
Grant Deed
$183,000,000 · Bank Of America
Oct 7, 1998
—
Clark County (nv)
Bank Of Montreal Globa Capital
Grant Deed
related
—
Feb 27, 1998
$550,000
Bmo Leasing
Roadrunner Properties LLC
Grant Deed
—
Feb 13, 1998
$340,000
Roadrunner Properties LLC
Nevada Acquisitions LLC
Grant Deed
—
Jun 1, 1995
$180,000
Nevada Acquisitions LLC
Plon Trust
Grant Deed
$330,000 · Seller
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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