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Property profile & analytics
OFF-MARKET
Estimated value
$1,790,000
Assisted living facilities
10550 Park Run Dr Las Vegas, NV 89144-4575
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US62-1241331
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2001
Construction
FRAME
Total area
90,794 SF
Lot
4.01 ac (174,676 SF)
APN
137-36-413-005
UPID
US62-1241331
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
-
The Heights of Summerlin Nursing Home
-
Gini Gireesh Physician
-
Elgin Macaspac Physician
-
Farooq Shaikh Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.79M
Owner & transaction history
B R Summerlin Property LLC · 21 yrs held
B R Summerlin Property LLC
since 2004
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$20 / 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
$183,459
Tax year 2023
Assessed value
$6,371,550
Assessed 2024
Previous assessed
$5,881,934
+8.3% YoY
Effective rate
2.88%
On assessed value
Assessed land
$1,345,005
Assessed improvement
$5,026,545
Land market value
$3,842,871
Improvement market value
$14,361,557
Total market value
$18,204,428
Applied tax rate
200.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2001
Construction
FRAME
Heating
HEAT PUMP
Stories
3
Total area
90,794 SF
Lot
4.01 ac (174,676 SF)
APN
137-36-413-005
UPID
US62-1241331
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
2001
Construction
FRAME
Heating
HEAT PUMP
Stories
3
Lot
4.01 ac
Current owner
From public records · entity-resolved
B R Summerlin Property LLC
Entity
Mailing address
26050 MUREAU RD STE #102, CALABASAS, CA 91302-3171
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2020
—
Br Summerlin Property LLC
—
Deed
related
$12,000,000 · Bank Of East Asia
Mar 5, 2018
—
B R Summerlin Property LLC
—
Deed
related
$10,000,000 · American Plus Bank NA
Jul 16, 2010
—
Leasehold Resource Group LLC
—
Deed Of Trust
related
$460,000,000 · Credit Suisse Ag
Sep 23, 2004
$15,325,629
B R Summerlin Property LLC
Vestin Fund 1 LLC
Grant Deed
$15,334,135 · Vestin Mortgage INC
Dec 21, 2001
—
Sbg Group LLC
—
Deed Of Trust
related
$11,495,000 · Vestine Mortgage Corp
Dec 22, 2000
—
Sbg Group LLC
—
Grant Deed
related
$12,801,575 · Aml Finance
—
—
Heights Of Summerlin LLC
—
Deed Of Trust
related
—
—
—
Br Summerlin Property LLC
—
Deed Of Trust
related
$14,788,756 · Greystone Bank
—
—
Br Summerlin Property LLC
—
Deed Of Trust
related
$12,000,000 · Bank Of East Asia
—
—
Br Summerlin Property LLC
—
Deed Of Trust
related
—
—
—
Br Summerlin Property LLC
—
Deed Of Trust
related
$37,500 · Greystone Bank
—
—
Sbg Group
—
Deed Of Trust
related
$5,000 · Vestine Mortgage Corp
—
—
Br Summerlin Property LLC
—
Deed Of Trust
related
$15,000,000 · Greystone Bank
—
—
Br Summerlin Property LLC
—
Deed Of Trust
related
$10,000,000 · American Plus Bk NA
—
—
Leasehold Resource Group LLC
—
Deed Of Trust
related
—
—
—
Leasehold Resource Group LLC
—
Deed Of Trust
related
—
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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