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Property profile & analytics
OFF-MARKET
Office buildings
2217 Paradise Rd Las Vegas, NV 89104-2514
Trust Owned
7-yr Hold
~
Est. High Equity
Property ID
US62-0356877
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,640 SF
Lot
0.13 ac (5,663 SF)
APN
162-03-413-020
UPID
US62-0356877
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
-
Anter Samuel S Law Firm
-
Dr. Christina Cherian Pediatrician Physician
-
Brother Kitchen Catering Take-out & Catering Catering Service
-
EmergNSee Labs Medical Laboratory
-
420 Party Tours Theater & Performing Art Venue Music Venue
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
Tchan Family Trust Usc LLC · 7 yrs held
Tchan Family Trust Usc LLC
since 2019
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
$1,278
Tax year 2023
Assessed value
$54,826
Assessed 2024
Previous assessed
$52,472
+4.5% YoY
Effective rate
2.33%
On assessed value
Assessed land
$33,695
Assessed improvement
$21,131
Land market value
$96,271
Improvement market value
$60,374
Total market value
$156,645
Applied tax rate
203.0000
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
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Total area
1,640 SF
Lot
0.13 ac (5,663 SF)
APN
162-03-413-020
UPID
US62-0356877
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
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Tchan Family Trust Usc LLC
Trust
Mailing address
PO BOX 570397, TARZANA, CA 91357-0397
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2019
$220,000
Tchan Family Trust Usc LLC
John Joseph JR Co LLC
Grant Deed
—
Mar 22, 2013
—
John Joseph JR Co LLC
Anter S S & B A Living Trust
Grant Deed
related
—
Oct 24, 2012
$300,000
John Joseph JR Co LLC
Anter S S & B A Living Trust
Grant Deed
—
Nov 18, 2009
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Sep 8, 2009
—
Anter S S & B A Living Trust
Anter,samuel S & Barbara A
Quit Claim Deed
related
—
Feb 27, 1992
$110,000
Samuel S Anter
Unknown
Grant Deed
—
—
—
Anter S S & B A Living Trust
—
Deed Of Trust
related
$70,000 · Cecilia Magee
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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