Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Medical Office Space
3525 Harmon Ave Las Vegas, NV 89121-5032
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US62-1043988
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1999
Construction
FRAME
Total area
3,887 SF
Lot
0.3 ac (13,068 SF)
APN
161-19-318-003
UPID
US62-1043988
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
-
Las Vegas Vein Medical Clinic Hospital
-
Dr. Thomas S. Parisi, MD FACP DABVLM RPhS Physician
-
Thomas Parisi Physician
-
Personal Medical Care Medical Clinic
-
Quick Weight Loss & Skin Care (formerly KIREI) Weight Loss Service Hair Removal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$610k
Owner & transaction history
Parisi Property LLC Series III · 9 yrs held
Parisi Property LLC Series III
since 2016
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
$157 / 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
$5,676
Tax year 2023
Assessed value
$201,486
Assessed 2024
Previous assessed
$201,405
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$41,164
Assessed improvement
$160,322
Land market value
$117,611
Improvement market value
$458,063
Total market value
$575,674
Applied tax rate
470.0000
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
1999
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Total area
3,887 SF
Lot
0.3 ac (13,068 SF)
APN
161-19-318-003
UPID
US62-1043988
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
1999
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Parisi Property LLC Series III
Entity
Mailing address
1763 HARPSICHORD WAY, HENDERSON, NV 89012-7214
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2016
—
Parisi Property LLC Series III
Parisi Family Trust
Quit Claim Deed
related
—
Sep 29, 2010
$600,000
Las Vegas Management Svcs LLC
Bank Of Nv
Grant Deed
$540,000 · Bank Of Nevada
May 10, 2010
$400,000
Bank Of Nv
Gerrard Cox & Larsen
Trustees Deed
related
—
Jun 10, 2008
$1,200,000
3525 East Harmon Avenue LLC
Enyedy Spend Thrift Trust
Grant Deed
$1,048,000 · Bank Of Nevada
Sep 8, 2005
—
Enyedy Trust Agreement
Kerr,p S
Grant Deed
related
—
Jul 30, 2004
—
P S Kerr
Kerr,patricia A
Quit Claim Deed
related
$727,500 · Bankwest Of Nevada
Mar 3, 1998
$252,000
Kerr P S
Business Park LLC
Grant Deed
$125,000 · Bankwest Of Nevada
—
—
Las Vegas Management Svcs LLC
—
Deed Of Trust
related
$288,000 · Mountain West Small Busn Fin
—
—
Enyedy Spendthrift Trust
—
Deed Of Trust
related
$50,000 · Bank Of Nevada
—
—
Las Vegas Management Svcs LLC
—
Deed Of Trust
related
$350,000 · Bank Of Nevada
—
—
Las Vegas Management Svcs LLC
—
Deed Of Trust
related
$280,000 · Bank Of Nevada
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3525 Harmon Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
