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Property profile & analytics
OFF-MARKET
Estimated value
$1,340,000
Medical Office Space
2585 Montessouri St Las Vegas, NV 89117-3041
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-0743785
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2015
Construction
FRAME
Total area
4,842 SF
Lot
0.2 ac (8,712 SF)
APN
163-10-513-022
UPID
US62-0743785
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
-
Virtue Recovery Center | Las Vegas Outpatient Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.32M
CAP Approach
CAP
$985k
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$1.34M
Owner & transaction history
Mmk Bautista Realty LLC · 4 yrs held
Mmk Bautista Realty LLC
since 2022
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.1M
+57.7%
Retail stores
$1.8M
+35.8%
Office building
$1.4M
+4.5%
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
$1,360,000
ML approach
$1,315,000
CAP Approach
CAP Return
Estimation
6%
$1,070,000
6.5%
$985,000
7%
$915,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,335,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,100,000
Change: +58% · Conversion: Difficult
RETAIL STORES
$1,810,000
Change: +36% · Conversion: Difficult
OFFICE BUILDING
$1,395,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$1.34M
Range $1.21M – $1.47M · ±10% · vs last sale $1.39M (Jun 21 2022)
Last sale anchor
$1.39M
Jun 21 2022
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
$277 / 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
$7,800
Tax year 2023
Assessed value
$292,327
Assessed 2024
Previous assessed
$265,844
+10.0% YoY
Effective rate
2.67%
On assessed value
Assessed land
$48,787
Assessed improvement
$243,540
Land market value
$139,391
Improvement market value
$695,829
Total market value
$835,220
Applied tax rate
417.0000
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
2015
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
4,842 SF
Lot
0.2 ac (8,712 SF)
APN
163-10-513-022
UPID
US62-0743785
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 Current
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
RETAIL STORES
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.4M
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE 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
2015
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Mmk Bautista Realty LLC
Entity
Mailing address
2595 MONTESSOURI ST, LAS VEGAS, NV 89117-3009
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2022
$1,394,100
Mmk Bautista Realty LLC
2585 Montessouri Street LLC
Bargain And Sale Deed
$1,183,400 · Us Bank NA
Mar 2, 2021
—
2585 Montessouri Street LLC
—
Deed
related
$500,000 · Jpmorgan Chase Bank NA
Mar 30, 2015
$1,085,000
2585 Montessouri Street LLC
Laredo Properties LLC
Grant Deed
—
Mar 5, 2015
$1,085,000
2585 Montessouri Street LLC
Laredo Properties LLC
Bargain And Sale Deed
$975,000 · Acquisition Capital LLC
Feb 18, 2015
—
Laredo Properties LLC
Laredo Properties LLC
Quit Claim Deed
related
—
Nov 17, 2014
—
Laredo Properties LLC
Laredo Properties LLC
Quit Claim Deed
related
—
Apr 15, 2008
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
—
—
2585 Montessouri Street LLC
—
Deed Of Trust
related
$1,010,100 · Jp Morgan Chase Bk
—
—
2585 Montessouri Street LLC
—
Deed Of Trust
related
$975,000 · Acquisition Capital LLC
—
—
2585 Montessouri Street LLC
—
Deed Of Trust
related
$100,000 · Acquisition Capital LLC
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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