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Property profile & analytics
OFF-MARKET
Estimated value
$1,330,000
Medical Office Space
4640 Craig Rd North Las Vegas, NV 89032-2743
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-0397209
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2007
Construction
FRAME
Total area
7,523 SF
Lot
0.67 ac (29,185 SF)
APN
139-06-215-025
UPID
US62-0397209
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
-
SimonMed Imaging - North Las Vegas Medical Clinic
-
Dr. Kenneth Y. Hampar, MD Physician
-
Bryan J. Brockett, PT Physician
-
Melchor Borja Physician
-
Good Shephard Research Institute Research Institute
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.50M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.33M
Owner & transaction history
Chings Pediatrics PLLC · 5 yrs held
Chings Pediatrics PLLC
since 2020
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 North Las Vegas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,625,000
6.5%
$1,500,000
7%
$1,395,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,175,000
Current use
Blend value · Realmo final
$1.33M
Range $1.20M – $1.46M · ±10%
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
$177 / 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
$14,565
Tax year 2023
Assessed value
$654,016
Assessed 2024
Previous assessed
$591,927
+10.5% YoY
Effective rate
2.23%
On assessed value
Assessed land
$163,436
Assessed improvement
$490,580
Land market value
$466,960
Improvement market value
$1,401,657
Total market value
$1,868,617
Applied tax rate
250.0000
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
2007
Construction
FRAME
Heating
YES
Stories
1
Total area
7,523 SF
Lot
0.67 ac (29,185 SF)
APN
139-06-215-025
UPID
US62-0397209
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
$2.2M
MEDICAL BUILDING Current
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
YES
Stories
1
Lot
0.67 ac
Current owner
From public records · entity-resolved
Chings Pediatrics PLLC
Individual
Mailing address
9260 W SUNSET RD STE #205, LAS VEGAS, NV 89148-4903
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Oct 2, 2020
—
Chings Pediatrics PLLC
Rsc Commercial Properties LLC
Assignment Of Lease (leasehold Sale)
—
Oct 1, 2020
—
Rsc Commercial Properties LLC
—
Deed
related
$693,000 · Mortgage Cap Dev
Aug 22, 2019
$1,500,000
Rsc Commercial Properties LLC
Decatur Properties LLC
Grant Deed
$672,000 · Valley Bk/nv
Jan 8, 2018
—
Decatur Properties LLC
—
Deed
related
$1,296,000 · City Nat'l Bk
Dec 14, 2017
$460,000
Decatur Properties LLC
Mohler Investment Co INC
Grant Deed
—
Mar 8, 2005
$460,000
Decatur Properties LLC
Mohler Investment Co INC
Grant Deed
$200,000 · Mohler Investment Co INC
—
—
Decatur Properties LLC
—
Deed Of Trust
related
$1,002,746 · Thomas Laura & L G Trust
—
—
Decatur Properties LLC
—
Deed Of Trust
related
$1,296,000 · City Nat'l Bk
—
—
Rsc Commercial Properties LLC
—
Deed Of Trust
related
$840,000 · City Nat'l Bk
—
—
Rsc Commercial Properties LLC
—
Deed Of Trust
related
$672,000 · City Nat'l Bk
—
—
Rsc Commercial Properties LLC
—
Deed Of Trust
related
$693,000 · Mortgage Cap Dev
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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