220 Horizon Dr Henderson, NV 89015-8035
Property profile & analytics
220 Horizon Dr, Henderson, NV 89015-8035
- Office buildings
- 14,060 SF
- 1.22 lot acres
Property ID
US62-0265119
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Premier Dental Care / Dental Office
- Song Alex Y DDS / Dental Office
- The Empowerment Centre, LLC / Marriage Or Relationship Counselor
- Southern Nevada Health District Henderson Public Health Center / Public Health Department
- Soutthern Nevada Healt District / Physician
Property Details for 220 Horizon Dr
- Year built
- 1999
- Construction
- FRAME
- Lot size
- 1.22 lot acres
- Property type
- Office buildings
- APN
- 179-19-805-013
- APU
- 17919805013
Description
This exceptional 14,060-square-foot medical office building, located at 220 E Horizon Dr in Henderson, Nevada, presents a compelling investment opportunity. The Class B property, built in 1999 and renovated in 2019, sits on a 1.22-acre lot zoned CN (Neighborhood Commercial) and boasts 74 parking spaces. Currently 83% occupied, the multi-tenant building features a strong anchor tenant, the Southern Nevada Health District, and several long-term tenants including Premier Dental, Black Mountain Youth Academy, Little Angels Youth Services, and The Empowerment Centre. The asking price is $4,353,000, representing a 5.00% cap rate and a price per square foot of $309.60. The Net Operating Income (NOI) is $217,654. The property's modern two-tone exterior paint and desert landscaping create a visually appealing presentation. Its convenient location, approximately half a mile east of US-95, offers excellent visibility and accessibility. The building's design accommodates six tenants, and one vacant suite presents an opportunity for an owner-user or additional lease income. The property features extensive medical build-outs, including numerous wet exam rooms and extra restrooms in several suites. This is an ideal investment for buyers seeking strong income generation from established tenants or owner-users desiring supplemental income. The lease type is NNN.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,450,000
Market price range: $703k - $2.68M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $3,870,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Henderson
- County
- Clark
- State
- Nevada
- Longitude
- -114.984
- Latitude
- 36.0129
- CBSA code
- 29820
- CBSA name
- LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,705
$186,001
$364,270
$550,271
-
$531,431
$1,040,771
$1,572,202
