New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,075,000
Individual retail properties
2090 Vlg Ctr Cir Las Vegas, NV 89134-6250
Individually Owned
11-yr Hold
Free & Clear
Property ID
US62-0320193
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
55,805 SF
Lot
5.97 ac (260,053 SF)
APN
138-19-817-003
UPID
US62-0320193
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
-
SafeSplash Swim School - Las Vegas (Summerlin) Swimming Instructor Swimming School
-
24 Hour Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$940k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.20M
Blend (final)
Blend
$1.08M
Owner & transaction history
Debbie A Marheine · 11 yrs held
Debbie A Marheine
since 2015
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
Method
Estimation
Statistic approach
by Request
ML approach
$940,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
GYM, HEALTH SPA
$1,290,000
Current use
Blend value · Realmo final
$1.08M
Range $968k – $1.18M · ±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
$19 / 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
$116,961
Tax year 2023
Assessed value
$3,788,282
Assessed 2024
Previous assessed
$3,567,737
+6.2% YoY
Effective rate
3.09%
On assessed value
Assessed land
$1,820,371
Assessed improvement
$1,967,911
Land market value
$5,201,060
Improvement market value
$5,622,603
Total market value
$10,823,663
Applied tax rate
200.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
2
Total area
55,805 SF
Lot
5.97 ac (260,053 SF)
APN
138-19-817-003
UPID
US62-0320193
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
GYM, HEALTH SPA Current
Est. value
$1.3M
GYM, HEALTH SPA Current
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
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
2
Lot
5.97 ac
Current owner
From public records · entity-resolved
Debbie A Marheine
Individual
Free & Clear · 11 yrs held
Mailing address
12647 ALCOSTA BLVD STE #500, SAN RAMON, CA 94583-4436
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2019
—
Husite LP
—
Deed
related
$4,000,000 · Miscellaneous Ins Co
Apr 24, 2015
—
Debbie A Marheine
Montgomery Thomas L
Quit Claim Deed
related
—
Apr 29, 2005
—
Husite
Sure Save I
Grant Deed
$6,000,000 · Sun Life Assurance Co
Apr 20, 2004
—
Horowitz Leona Trust
Horowitz,leona R
Quit Claim Deed
related
—
Feb 19, 2004
—
Mccrae Margaret E Trust
Mccrae,ellen
Quit Claim Deed
related
—
Jul 10, 2003
$11,300,000
Save I Sure
Q Summerlin LLC
Grant Deed
$5,600,000 · Bank Of Hemet
Jun 29, 2000
$2,601,000
Q Summerlin LLC
Howard Hughes Properties
Grant Deed
$2,080,425 · Howard Hughes Properties
—
—
Summerlin LLC
—
Deed Of Trust
related
$250,000 · Financial Services
—
—
Q Summerlin LLC
—
Deed Of Trust
related
$3,000,000 · Stonefield INC
—
—
Q Summerlin LLC
—
Deed Of Trust
related
$1,000,000 · Aga Trust
—
—
Q Summerlin LLC
—
Deed Of Trust
related
$1,955,000 · Valley Bank
—
—
Q Summerlin LLC
—
Deed Of Trust
related
$5,000 · Vestin Mortgage INC
—
—
Q Summerlin LLC
—
Deed Of Trust
related
$6,000,000 · Valley Bank
—
—
Q Summerlin LLC
—
Deed Of Trust
related
$5,000 · Vestin Mortgage INC
—
—
Q Summerlin LLC
—
Deed Of Trust
related
$700,000 · J & D Financial Services INC
—
—
Husite LP
—
Deed Of Trust
related
$3,200,000 · Bank Of Hemet
—
—
Husite LP
—
Deed Of Trust
related
$4,000,000 · Miscellaneous Ins Co
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2090 Vlg Ctr Cir?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
