Entity Owned
No photos on file
For Sale
Contact for pricing
955 Grier Dr, Las Vegas, NV 89119
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Property summary
AI-generated overview
The property is a flex facility totaling approximately 17,058 square feet, with approximately 9,701 square feet designated for office use and approximately 7,357 square feet designated for warehouse space. The office portion includes approximately 10 private offices, approximately 12 built-in cubicles, multiple open bullpen areas, and multiple large conference or showroom areas, along with two multi-stall restrooms, two single-use restrooms, a large break room, and a server room. The warehouse area is accessed through two grade-level doors and is equipped with swamp cooling, while the office area is served by HVAC. The building is fully fire sprinklered and provides 120/208V, 3-phase power. It is zoned IL (Industrial Light) and is located in the Hughes Airport Center with access to Sunset Road and Paradise Road, and connections to I-15, I-215, and the Las Vegas Beltway; it is located less than 2 miles from Harry Reid International Airport and approximately 3 miles from the Las Vegas Strip.
Property profile
Verified
Property type
Other warehouses
Use group
WAREHOUSE, STORAGE
Year built
1986
Construction
CONCRETE
Total area
46,008 SF
Lot
3.42 ac (148,975 SF)
APN
177-03-510-010
UPID
US62-1295789
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Restaurant
-
Cafe & Coffee Shop
-
Solar Energy Company Solar Energy System Service
-
Specialty Food Shop Farmer's Market
-
Restaurant Take-out & Catering
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.28M
Owner & transaction history
since 2019
7 recorded transactions
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.28M
Value range
$2.05M – $2.50M
±10% around blend
Estimated value / SF
$49 / SF
Confidence
Low
4 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
40
$2.05M
blend $2.28M
$2.50M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
46,008 SF
Lot area
3.42 ac
Year built
1986
Stories
1
APN
177-03-510-010
Assessed value
$1,795,219
Annual tax
$41,773
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$12.82M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
6.0 mi away · 46,950 SF
6.9 mi away · 52,232 SF
7.5 mi away · 44,458 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.28M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 34 sales
$472
-90%
Submarket 421 sales
$186
-73%
County 689 sales
$178
-72%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $49/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.80M
Move the market yield to see immediate price impact.
Value / SF
$39
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$113k
$2.26M
$1.62M
$1.26M
$126k
$2.51M
$1.80M
$1.40M
$138k
$2.76M
$1.97M
$1.54M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$13.90M
2.6 mi · Sep 2025 · $332/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$41,773
Tax year 2023
Assessed value
$1,795,219
Assessed 2024
Previous assessed
$1,442,992
+24.4% YoY
Effective rate
2.33%
On assessed value
Assessed land
$782,119
Assessed improvement
$1,013,100
Land market value
$2,234,626
Improvement market value
$2,894,571
Total market value
$5,129,197
Applied tax rate
470.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1986
Construction
CONCRETE
Heating
OIL
Cooling
EVAPORATIVE
Stories
1
Total area
46,008 SF
Lot
3.42 ac (148,975 SF)
APN
177-03-510-010
UPID
US62-1295789
Jurisdiction
CLARK
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Building & site characteristics
From public records
Year built
1986
Construction
CONCRETE
Heating
OIL
Cooling
Yes
Stories
1
Lot
3.42 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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