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Property profile & analytics
OFF-MARKET
Estimated value
$2,140,000
Office buildings
190 Mesquite Blvd Mesquite, NV 89027-4790
Entity Owned
25-yr Hold
Free & Clear
Property ID
US62-0455813
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Construction
FRAME
Total area
12,017 SF
Lot
1.13 ac (49,223 SF)
APN
001-16-701-012
UPID
US62-0455813
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
-
Amerifirst Financial, Inc. Loan Service Bank
-
Chris Williams REALTOR Real Estate Agency
-
Hartwell Family Practice Medical Clinic
-
Bri’s Skin Care & Beauty LLC Hair Salon Nail Salon
-
Ink by Britt permanent makeup academy and studio Medical Clinic Skin Care 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
$2.14M
Owner & transaction history
Heritage Plaza LLC · 25 yrs held
Heritage Plaza LLC
since 2001
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 Mesquite submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mesquite 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$3,470,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$2.14M
Range $1.93M – $2.35M · ±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
$178 / 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
$13,035
Tax year 2023
Assessed value
$502,024
Assessed 2024
Previous assessed
$469,869
+6.8% YoY
Effective rate
2.60%
On assessed value
Assessed land
$119,563
Assessed improvement
$382,461
Land market value
$341,609
Improvement market value
$1,092,746
Total market value
$1,434,355
Applied tax rate
901.0000
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
2002
Construction
FRAME
Heating
YES
Cooling
CENTRAL
Stories
1
Rooms
5
Bathrooms
1
Total area
12,017 SF
Lot
1.13 ac (49,223 SF)
APN
001-16-701-012
UPID
US62-0455813
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
MEDICAL BUILDING
Est. value
$3.5M
MEDICAL BUILDING
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
2002
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Rooms
5
Bathrooms
1
Lot
1.13 ac
Current owner
From public records · entity-resolved
Heritage Plaza LLC
Entity
Free & Clear · 25 yrs held
Mailing address
PO BOX 208, MESQUITE, NV 89024-0208
Ownership since
2001
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
Jan 23, 2023
—
Heritage Plaza LLC
—
Deed
related
$1,294,000 · Lyle And Sarah Hughes Family Trust
Jun 26, 2001
—
Heritage Plaza LLC
—
Trustees Deed
related
$800,000 · Mesquite State Bank
May 3, 2001
—
Heritage Plaza LLC
Hughes Trust
Grant Deed
related
—
Nov 20, 1991
$200,000
Lyle Hughes
Unknown
Grant Deed
—
—
—
Lyle Hughes
—
Deed Of Trust
related
$45,000 · Individual
—
—
Heritage Plaza LLC
—
Deed Of Trust
related
$522,965 · Bank Of Nevada
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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