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Property profile & analytics
OFF-MARKET
Estimated value
$2,735,000
Office buildings
11221 Eastern Ave Henderson, NV 89052-6491
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US62-1271697
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Construction
FRAME
Total area
15,001 SF
Lot
1.09 ac (47,480 SF)
APN
177-36-704-010
UPID
US62-1271697
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
-
Gubler Dental Dental Office
-
Dr. Sean T. Gubler, DDS Dental Office
-
Chad N. Gubler, DDS Dental Office
-
Dance Zone Training Center
-
Cloud 9 Studio Salons Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.66M
Comparable Approach
Comparable
$1.98M
Blend (final)
Blend
$2.74M
Owner & transaction history
Eastern Of Anthony LLC · 9 yrs held
Eastern Of Anthony LLC
since 2017
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%
$3,960,000
6.5%
$3,655,000
7%
$3,395,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,130,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$2.74M
Range $2.46M – $3.01M · ±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
$182 / 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
$21,551
Tax year 2023
Assessed value
$817,644
Assessed 2024
Previous assessed
$739,915
+10.5% YoY
Effective rate
2.64%
On assessed value
Assessed land
$315,742
Assessed improvement
$501,902
Land market value
$902,120
Improvement market value
$1,434,006
Total market value
$2,336,126
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2005
Construction
FRAME
Heating
HEAT PUMP
Stories
2
Total area
15,001 SF
Lot
1.09 ac (47,480 SF)
APN
177-36-704-010
UPID
US62-1271697
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$4.1M
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Construction
FRAME
Heating
HEAT PUMP
Stories
2
Lot
1.09 ac
Current owner
From public records · entity-resolved
Eastern Of Anthony LLC
Entity
Mailing address
2580 SAINT ROSE PKWY STE #125, HENDERSON, NV 89074-7792
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2017
—
Eastern Of Anthony LLC
—
Grant Deed
related
$5,000,000 · Miscellaneous Ins Co
Mar 6, 2017
—
Eastern Of Anthony LLC
Mds Separate Prop Trust
Quit Claim Deed
related
—
Mar 2, 2017
—
Mds Separate Property Trust
Sansone,miles D
Quit Claim Deed
related
—
Mar 17, 2016
—
Miles D Sansone
Mds Trust
Quit Claim Deed
related
—
Oct 12, 2004
—
Eastern Of Anthony LLC
—
Trustees Deed
related
$2,966,118 · Nevada State Bank
Aug 5, 2004
—
Eastern Anthony LLC
Sansome & Associates INC
Grant Deed
related
—
Aug 26, 2003
$675,000
Sansone & Associates INC
Farmanali,tr
Grant Deed
$335,000 · Nevada State Bank
Aug 6, 2003
$675,000
Nasim Hussain
Horizon Viento Puntero 5
Grant Deed
—
Jan 3, 1996
$70,000
Horizon Viento Puntero 5 Inv
Hedge,evan W
Grant Deed
$52,500 · Seller
—
—
Eastern Of Anthony LLC
—
Deed Of Trust
related
$3,600,000 · Bank Of America
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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