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Property profile & analytics
OFF-MARKET
Medical Office Space
1640 Charleston Blvd Las Vegas, NV 89104-1826
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US62-0732366
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,628 SF
Lot
0.16 ac (6,970 SF)
APN
162-02-113-006
UPID
US62-0732366
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
-
Adelante Family Medical Center Medical Clinic
-
Finest Curves Aesthetics & Body Sculpting Hair Salon Nail Salon
-
Carmen Espitia PC Medical Clinic
-
Carlos Jimenez Physician
-
Supreme Fire Protection Las Vegas General Contractor Security Service
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
C & C Medical Plaza LLC · 17 yrs held
C & C Medical Plaza LLC
since 2008
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
—
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
$1,379
Tax year 2023
Assessed value
$48,107
Assessed 2024
Previous assessed
$42,344
+13.6% YoY
Effective rate
2.87%
On assessed value
Assessed land
$19,516
Assessed improvement
$28,591
Land market value
$55,760
Improvement market value
$81,689
Total market value
$137,449
Applied tax rate
203.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Total area
1,628 SF
Lot
0.16 ac (6,970 SF)
APN
162-02-113-006
UPID
US62-0732366
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
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
C & C Medical Plaza LLC
Entity
Mailing address
8343 AGNEW VLY CT, LAS VEGAS, NV 89178-4827
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2008
—
C & C Medical Plaza LLC
Espitia,carmen
Grant Deed
—
Dec 27, 2006
$560,000
Carmen Espitia
Khudaverdyan G Trust
Grant Deed
$504,000 · United Commercial Bank
Jul 7, 2006
$350,000
Khudaverdyan G Living
Nevada First Properties LLC
Grant Deed
$50,000 · Desert Sun Reality
Jul 7, 2006
—
Hamlet Hovespian
Azaryn,alit
Grant Deed
related
—
Nov 24, 2004
$200,000
Nevada First Properties LLC
Brady,donald B & Patricia A
Grant Deed
related
$187,060 · Donald B & Patricia A Brady
Jun 21, 2001
—
Donald B Brady
Brady Trust
Quit Claim Deed
related
$80,000 · Laurel
—
—
Carmen Espitia
—
Deed Of Trust
related
$135,000 · Red Rock Community Bank
—
—
C & C Medical Plaza LLC
—
Deed Of Trust
related
$174,658 · Bank Of Las Vegas
—
—
Carmen Espitia Md PC
—
Deed Of Trust
related
$210,000 · Red Rock Community Bank
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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