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Property profile & analytics
FOR LEASE
Medical Office Space
2779 W Horizon Ridge Pkwy Henderson, NV 89052
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US62-1154119
For Lease
1 / 5
$28.20 SF/Yr
2779 W Horizon Ridge Pkwy, Henderson, NV 89052
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2008
Construction
FRAME
Total area
39,652 SF
Lot
2.29 ac (99,752 SF)
APN
177-36-501-014
UPID
US62-1154119
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$17.04M
Owner & transaction history
2779 W Horizon Ridge Parkway Owner · 3 yrs held
2779 W Horizon Ridge Parkway Owner
since 2022
Last sale
$22.9M
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 Henderson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Henderson 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
$19,435,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$27,725,000
Current use
RESTAURANT
$25,215,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$17.04M
Range $15.34M – $18.74M · ±10% · vs last sale $22.95M (Nov 1 2022)
Last sale anchor
$22.95M
Nov 1 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
$430 / 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
$88,865
Tax year 2023
Assessed value
$3,789,093
Assessed 2024
Previous assessed
$3,548,852
+6.8% YoY
Effective rate
2.35%
On assessed value
Assessed land
$663,351
Assessed improvement
$3,125,742
Land market value
$1,895,289
Improvement market value
$8,930,691
Total market value
$10,825,980
Applied tax rate
505.0000
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
For Lease
Year built
2008
Construction
FRAME
Heating
NONE
Buildings
2
Stories
2
Total area
39,652 SF
Lot
2.29 ac (99,752 SF)
APN
177-36-501-014
UPID
US62-1154119
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
$27.7M
RESTAURANT
Est. value
$25.2M
MEDICAL BUILDING Current
RESTAURANT
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
2008
Construction
FRAME
Heating
NONE
Stories
2
Buildings
2
Lot
2.29 ac
Current owner
From public records · entity-resolved
2779 W Horizon Ridge Parkway Owner
Individual
Mailing address
661 UNIVERSITY BLVD STE #200, JUPITER, FL 33458-2795
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2022
$22,945,000
2779 W Horizon Ridge Parkway Owner
Womob 2779 W Horizon Ridge Pkwy LLC
Bargain And Sale Deed
$144,933,300 · Capital One Bank NA
Jan 21, 2021
$18,800,000
Womob 2779 W Horizon Ridge Pkwy LLC
Below The Rim LLC
Bargain And Sale Deed
$61,610,000 · Capital One Bank NA
Dec 28, 2020
$8,746,340
Crovetti Bone & Joint Inst Of Sth
Below The Rim LLC
Quit Claim Deed
related
—
Dec 28, 2020
—
Below Tiie Rim LLC
—
Deed
related
$12,000,000 · General Electric Cap Corp
Jul 9, 2008
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Jul 8, 2008
—
Below The Rim LLC
Sidhu C S & S K Trust
Grant Deed
—
Jul 3, 2008
$2,018,586
Sidhu Charanjit S & S K Trust
Below The Rim LLC
Grant Deed
—
Mar 5, 2007
—
Below The Rim LLC
—
Trustees Deed
related
$12,500,000 · Silver State Bank
May 30, 2006
$3,054,000
Below The Rim LLC
Elbit Group LLC
Grant Deed
$2,000,000 · Vestin Mortgage INC
Aug 17, 2004
$1,250,000
Elbit Group LLC
Dayan,tr
Grant Deed
$562,000 · Valley Bank
—
—
Below Rim LLC
—
Deed Of Trust
related
$12,000,000 · General Elec Cap
—
—
Below The Rim LLC
—
Deed Of Trust
related
$3,913,000 · Wells Fargo Bank
—
—
Below The Rim LLC
—
Deed Of Trust
related
$4,000,000 · Us Small Business Admn
—
—
Below Rim LLC
—
Deed Of Trust
related
$2,830,000 · Advant Mtg
—
—
Below Tiie Rim LLC
—
Loan Modification
related
$12,000,000 · General Electric Cap Corp
—
—
Below The Rim LLC
—
Deed Of Trust
related
$5,000,000 · 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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