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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Medical Office Space
3830 Jones Blvd Las Vegas, NV 89108-5246
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US62-0988131
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
2001
Construction
FRAME
Total area
5,530 SF
Lot
0.5 ac (21,780 SF)
APN
138-12-111-003
UPID
US62-0988131
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
-
Kvmy Television Studio Media Distribution
-
Sinclair Broadcast Group Television Studio Media Distribution
-
Jones Broadcast Center Medical Clinic
-
Cobblestone Construction Construction Company General Contractor
-
NDL Group Inc Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$835k
Owner & transaction history
Benchmark Contracting INC · 19 yrs held
Benchmark Contracting INC
since 2006
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
$151 / 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
$9,025
Tax year 2023
Assessed value
$341,633
Assessed 2024
Previous assessed
$308,341
+10.8% YoY
Effective rate
2.64%
On assessed value
Assessed land
$53,361
Assessed improvement
$288,272
Land market value
$152,460
Improvement market value
$823,634
Total market value
$976,094
Applied tax rate
200.0000
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
DENTAL BUILDING
Status
Off-Market
Year built
2001
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Total area
5,530 SF
Lot
0.5 ac (21,780 SF)
APN
138-12-111-003
UPID
US62-0988131
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
2001
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Benchmark Contracting INC
Entity
Mailing address
5553 SUMAC RDG CT, LAS VEGAS, NV 89149-4020
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2006
$1,150,000
Benchmark Contracting INC
Roland L Gray
Bargain And Sale Deed
$582,500 · Wells Fargo Bank NA
Nov 8, 2005
—
Roland L Gray
Gray,kelly S
Quit Claim Deed
related
$150,000 · Allstate Mortgage
Mar 4, 2004
—
Roland L Gray
Gray,kelly S
Quit Claim Deed
related
—
Mar 4, 2004
$875,000
Ronald L Gray
Allstate Mortgage
Grant Deed
$850,000 · Allstate Mortgtage Ps
Oct 22, 2003
—
Jennifer O'connor
Oconnor,jennifer
Quit Claim Deed
related
—
Feb 7, 2002
—
Rio Vista LLC
West,hilda
Grant Deed
related
—
Jul 29, 1997
$125,384
Hilda West
Mueller Trust
Grant Deed
$133,000 · Allstate Mortgage
—
—
Roland L Gray
—
Deed Of Trust
related
$100,000 · Contractors Capital Corp
—
—
Hilda West
—
Deed Of Trust
related
$280,000 · Allstate Mortgage
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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