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Property profile & analytics
OFF-MARKET
Estimated value
$1,985,000
Office buildings
3605 Town Ctr Dr Las Vegas, NV 89135-3061
Entity Owned
14-yr Hold
Free & Clear
Property ID
US62-0395817
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2009
Construction
FRAME
Total area
12,600 SF
Lot
1.02 ac (44,431 SF)
APN
164-13-212-017
UPID
US62-0395817
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
-
Phillips Ballenger Law Firm
-
Christopher J. Phillips Law Firm
-
Nuance Aesthetics & Plastic Surgery Medical Clinic
-
AJA Foundation Charitable Organization
-
Mehdi Sina MD, MBA Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.99M
Owner & transaction history
Blizzard Ents LLC · 14 yrs held
Blizzard Ents LLC
since 2011
5 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
$158 / 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
$22,272
Tax year 2023
Assessed value
$1,009,723
Assessed 2024
Previous assessed
$934,236
+8.1% YoY
Effective rate
2.21%
On assessed value
Assessed land
$342,119
Assessed improvement
$667,604
Land market value
$977,483
Improvement market value
$1,907,440
Total market value
$2,884,923
Applied tax rate
420.0000
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
2009
Construction
FRAME
Heating
YES
Stories
1
Total area
12,600 SF
Lot
1.02 ac (44,431 SF)
APN
164-13-212-017
UPID
US62-0395817
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
2009
Construction
FRAME
Heating
YES
Stories
1
Lot
1.02 ac
Current owner
From public records · entity-resolved
Blizzard Ents LLC
Entity
Free & Clear · 14 yrs held
Mailing address
3605 S TOWN CTR DR STE A, LAS VEGAS, NV 89135-3062
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2019
—
Blizzard Ents LLC
—
Grant Deed
related
$10,000,000 · Pilot Grove Mgmt LLC
Oct 31, 2011
$1,330,000
Blizzard Ents LLC
Nevada Title Co
Trustees Deed
—
Dec 19, 2007
$1,500,000
Leading Investments INC
Barnhart,robert D
Grant Deed
$3,100,000 · Cumorah Cu
—
—
Leading Investments INC
—
Deed Of Trust
related
$1,500,000 · Dinges Family Trust
—
—
Robert D Barnhart
—
Deed Of Trust
related
$2,000,000 · Dinges Family Trust
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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