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Property profile & analytics
OFF-MARKET
Office buildings
1616 Civic Ctr Dr North Las Vegas, NV 89030-7256
Individually Owned
2-yr Hold
Free & Clear
Property ID
US62-1096629
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1954
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
962 SF
Lot
0.14 ac (6,098 SF)
APN
139-24-414-001
UPID
US62-1096629
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
-
Alliance Insurance Solutions llc dba Medicare Health Plan Solutions Insurance Agency
-
Alliance Insurance Solutions llc NV Insurance Agency
-
Xiomara Nava Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Carlos Valdez · 2 yrs held
Carlos Valdez
since 2024
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 North Las Vegas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
—
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
$856
Tax year 2023
Assessed value
$31,445
Assessed 2024
Previous assessed
$28,649
+9.8% YoY
Effective rate
2.72%
On assessed value
Assessed land
$16,541
Assessed improvement
$14,904
Land market value
$47,260
Improvement market value
$42,583
Total market value
$89,843
Applied tax rate
250.0000
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
1954
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Total area
962 SF
Lot
0.14 ac (6,098 SF)
APN
139-24-414-001
UPID
US62-1096629
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
1954
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Carlos Valdez
Individual
Free & Clear · 2 yrs held
Mailing address
1616 CIVIC CTR DR, NORTH LAS VEGAS, NV 89030-7256
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2024
—
Carlos Valdez
Carlos Valdez
Intrafamily Transfer
related
—
Dec 1, 2022
—
Vianey I Gomez
Norma Medina Valdez
Transfer On Death Deed
—
Sep 13, 2011
$28,000
Carlos Valdez
Ortiz,vianeyi
Quit Claim Deed
related
—
Nov 1, 2005
—
Vianey I Ortiz
Ortiz,miguel
Quit Claim Deed
related
—
Nov 1, 2005
$280,000
Vianey I Ortiz
Tattam,david C J & Norma A
Grant Deed
$175,000 · David C J & Norma A Tattam
Sep 16, 2002
$70,000
David C Tattam
Mcnew,tr
Grant Deed
$53,000 · Mcnew Trust
—
—
David C Tattam
—
Deed Of Trust
related
$100,000 · Marcella Vaught
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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