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Property profile & analytics
OFF-MARKET
Medical Office Space
216 Lamb Blvd Las Vegas, NV 89110-4674
Entity Owned
5-yr Hold
Free & Clear
Property ID
US62-1149180
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1973
Construction
FRAME
Total area
3,222 SF
Lot
0.35 ac (15,246 SF)
APN
140-32-301-001
UPID
US62-1149180
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
-
Dr. Jorge Solis-Valdez Physician
-
Clinica Medica Del Pueblo Medical Clinic
-
Doctor Justo Physician Medical Clinic
-
Dr. Justo Sataray, MD Pediatrician Physician
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
Sataray Properties Group LLC · 5 yrs held
Sataray Properties Group LLC
since 2021
Last sale
$50,000
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
$5,622
Tax year 2023
Assessed value
$183,851
Assessed 2024
Previous assessed
$184,433
-0.3% YoY
Effective rate
3.06%
On assessed value
Assessed land
$41,355
Assessed improvement
$142,496
Land market value
$118,157
Improvement market value
$407,131
Total market value
$525,288
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 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
1973
Construction
FRAME
Heating
YES
Cooling
CENTRAL
Stories
1
Units
1
Rooms
5
Bathrooms
2
Total area
3,222 SF
Lot
0.35 ac (15,246 SF)
APN
140-32-301-001
UPID
US62-1149180
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
1973
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
5
Bathrooms
2
Lot
0.35 ac
Current owner
From public records · entity-resolved
Sataray Properties Group LLC
Entity
Free & Clear · 5 yrs held
Mailing address
216 N LAMB BLVD, LAS VEGAS, NV 89110-4674
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2021
—
Sataray Properties Group LLC
Justo Sataray
Re-recorded Document
related
—
Sep 9, 2020
—
Sataray Properties Group LLC
Sataray Properties Group
Quit Claim Deed
related
—
Sep 1, 2015
—
Sataray Properties Group Corp
Sataray,justo
Quit Claim Deed
related
$178,000 · Bank Of The West
May 26, 2009
$50,000
Justo Sataray
Argent Securities INC 2005-w4
Grant Deed
—
May 26, 2009
—
Justo Sataray
Arriaga,betzaida
Grant Deed
related
—
Dec 8, 2008
$5,285
Graciela Garcia
Treasurer Of Clark County
Grant Deed
—
Aug 22, 2008
$193,230
Deutsche Bk Series 2005-w4
Cr Title Services INC
Trustees Deed
related
—
Jun 6, 2006
$275,000
Justo Sataray
Ascani,peter A JR
Grant Deed
$255,000 · Peter A JR Ascani
Nov 8, 2005
—
Graciela Garcia
Bolanos,wuilber E
Quit Claim Deed
related
—
Oct 24, 2005
$223,000
Wuilber E Bolanos
Sukhbir Singh
Bargain And Sale Deed
$178,400 · Argent Mortgage Company LLC
Jan 9, 2004
$128,000
Sukhbir Singh
Nevp LLC
Grant Deed
$115,200 · Cbsk Financial Group INC
Jul 28, 2003
$78,375
Nevp LLC
Regional Service Corp
Trustees Deed
—
Apr 29, 1994
$80,000
Katie M Dickens
First Interstate
Grant Deed
$79,346 · Weyerhaeuser Mortgage Co
—
—
Nevp LLC
—
Deed Of Trust
related
$94,000 · Atl Trust
—
—
Sukhbir Singh
—
Deed Of Trust
related
$29,500 · Wells Fargo 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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