Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,800,000
Office buildings
375 Stephanie St 18 Henderson, NV 89014-8771
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US62-0203656
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Construction
FRAME
Total area
5,589 SF
Lot
0.33 ac (14,375 SF)
APN
178-09-520-042
UPID
US62-0203656
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
-
Realtor Kevin Haff_REMAX Unlimited Real Estate Agency
-
Kendra Rich, eXp Realty Real Estate Agency
-
Farmers Insurance - Cesar Rodriguez Insurance Agency
-
Clark Dennis H DDS Dental Office
-
Dr. Teodora Buda-Gordon, DDS- Better Smiles Dental Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.00M
CAP Approach
CAP
$1.51M
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$1.80M
Owner & transaction history
North American Financial Corp · 3 yrs held
North American Financial Corp
since 2023
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.5M
+54.8%
Neighborhood: shopping center
$2.5M
+52.1%
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
$2,015,000
ML approach
$1,995,000
CAP Approach
CAP Return
Estimation
6%
$1,630,000
6.5%
$1,505,000
7%
$1,400,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,620,000
Current use
AUTO REPAIR, GARAGE
$2,505,000
Change: +55% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,460,000
Change: +52% · Conversion: Difficult
RETAIL STORES
$1,540,000
Change: -5% · Conversion: Moderate
Blend value · Realmo final
$1.80M
Range $1.62M – $1.98M · ±10% · vs last sale $1.84M (Jun 22 2023)
Last sale anchor
$1.84M
Jun 22 2023
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
$322 / 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
$8,092
Tax year 2023
Assessed value
$292,936
Assessed 2024
Previous assessed
$274,425
+6.7% YoY
Effective rate
2.76%
On assessed value
Assessed land
$55,344
Assessed improvement
$237,592
Land market value
$158,126
Improvement market value
$678,834
Total market value
$836,960
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2007
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Total area
5,589 SF
Lot
0.33 ac (14,375 SF)
APN
178-09-520-042
UPID
US62-0203656
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
OFFICE BUILDING Current
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$2.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.5M
RETAIL STORES
Est. value
$1.5M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
2007
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
North American Financial Corp
Entity
Mailing address
2391 RAINSWEPT AVE, HENDERSON, NV 89052-6440
Ownership since
2023
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
Jun 22, 2023
—
North American Financial Corp
Clark County Treasurer
Redemption Deed
related
—
Jun 15, 2023
$1,840,000
Cjy Corp
North American Financial Corp
Bargain And Sale Deed
—
Oct 5, 2021
—
North American Financial Corp
—
Deed
related
$675,000 · Zb NA
Dec 29, 2016
—
Muhamet Cifligu
Cifligu,zenepe
Quit Claim Deed
related
—
Dec 29, 2016
$825,000
North American Finl Corp
Cifligu,muhamet
Grant Deed
related
$742,500 · Seacoast Commerce Bank
Aug 15, 2014
$657,384
Muhamet Cifligu
Fidelity National Title
Trustees Deed
—
Jan 22, 2009
$925,000
Driverz Edge LLC
Galleria Corporate Centre LLC
Grant Deed
$652,000 · Nevada Commerce 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.
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 375 Stephanie St, Unit 18?
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.
