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Property profile & analytics
OFF-MARKET
Estimated value
$1,825,000
Strip malls
9400 Eastern Ave Henderson, NV 89074
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-0418919
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2002
Construction
FRAME
Total area
8,865 SF
Lot
0.68 ac (29,621 SF)
APN
177-24-306-001
UPID
US62-0418919
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.83M
Owner & transaction history
Eastern Promenade II LLC · 13 yrs held
Eastern Promenade II LLC
since 2013
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$206 / 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
$27,185
Tax year 2023
Assessed value
$640,934
Assessed 2024
Previous assessed
$566,440
+13.2% YoY
Effective rate
4.24%
On assessed value
Assessed land
$290,286
Assessed improvement
$350,648
Land market value
$829,389
Improvement market value
$1,001,851
Total market value
$1,831,240
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
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2002
Construction
FRAME
Heating
YES
Stories
1
Total area
8,865 SF
Lot
0.68 ac (29,621 SF)
APN
177-24-306-001
UPID
US62-0418919
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
2002
Construction
FRAME
Heating
YES
Stories
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
Eastern Promenade II LLC
Entity
Mailing address
10562 CHILLINGHAM DR, LAS VEGAS, NV 89183-4640
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2025
—
Eastern Investment LLC
—
Deed
related
$1,430,866 · Fidelity National Title Insurance
Jan 15, 2019
—
Eastern Promenade LLC
—
Deed
related
$250,000 · Ehg Family Trust (pt)
Feb 15, 2013
—
Eastern Promenade II LLC
Kaveh Alireza Family Trust
Grant Deed
related
—
Jul 24, 2009
—
Depiazza Family Trust
Depiazza Carmen & R Trust
Quit Claim Deed
related
—
Apr 4, 2008
—
Eastern Promenade LLC
Alireza Kaveh
Bargain And Sale Deed
$1,000,000 · Wells Fargo Bank NA
Feb 7, 2001
—
Ali R Kaveh
—
Grant Deed
related
$750,000 · Business Bank Of Nevada
—
—
Eastern Invs
—
Deed Of Trust
related
$1,663,000 · Freedom Mtg
—
—
Kaveh Alireza Family Trust
—
Deed Of Trust
related
$2,125,000 · Wells Fargo Bank
—
—
Kaveh Alireza Trust
—
Deed Of Trust
related
$300,000 · Abrar Family LLC
—
—
Kaveh Alireza Trust
—
Deed Of Trust
related
$226,121 · Abrar Family LLC
—
—
Eastern Promenade LLC
—
Deed Of Trust
related
$1,874,000 · Nevada State Bank
—
—
Kaveh Alireza Family Trust
—
Deed Of Trust
related
$400,000 · Farajollah Harouni
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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