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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Medical Office Space
1655 Horizon Rdg Pkwy 110 Henderson, NV 89012-3494
Entity Owned
10-yr Hold
Free & Clear
Property ID
US62-0420105
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2007
Construction
FRAME
Total area
4,870 SF
APN
178-21-421-014
UPID
US62-0420105
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
-
Nevada Comprehensive Pain Management Physician
-
Michellyn A. Manuel, RCP Physician
-
Sean C. Coats, RRT Spa & Massage Center Alternative Medicine Practice
-
Leigh Boeckle Physician
-
Paragon Healthcare Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$505k
Owner & transaction history
Scenic Vistas LLC-series F · 10 yrs held
Scenic Vistas LLC-series F
since 2016
6 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$104 / 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
$6,885
Tax year 2023
Assessed value
$363,686
Assessed 2024
Previous assessed
$328,614
+10.7% YoY
Effective rate
1.89%
On assessed value
Assessed land
$117,013
Assessed improvement
$246,673
Land market value
$334,323
Improvement market value
$704,780
Total market value
$1,039,103
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2007
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
4,870 SF
APN
178-21-421-014
UPID
US62-0420105
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
2007
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Current owner
From public records · entity-resolved
Scenic Vistas LLC-series F
Entity
Free & Clear · 10 yrs held
Mailing address
2809 W CHARLESTON BLVD #150, LAS VEGAS, NV 89102-1998
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2016
—
Scenic Vistas LLC-series F
Coppel Family Trust
Quit Claim Deed
related
—
Mar 9, 2016
—
Coppel Family Trust
Scenic Vista South LLC
Grant Deed
related
—
Nov 19, 2013
$1,200,000
Scenic Vistas South LLC
Bank Of Nv
Grant Deed
$1,020,000 · Bank Of Nevada
Sep 11, 2013
$850,000
Bank Of Nv
Nevada Title Co
Trustees Deed
related
—
Mar 20, 2009
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
—
—
—
Scenic Vistas South LLC
—
Deed Of Trust
related
$1,001,785 · Nevada St Bk
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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