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Property profile & analytics
OFF-MARKET
Estimated value
$3,475,000
Office buildings
5710 Simmons St North Las Vegas, NV 89031-9900
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-0267925
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Construction
FRAME
Total area
13,194 SF
Lot
1.1 ac (47,916 SF)
APN
124-29-801-007
UPID
US62-0267925
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
-
Self Made Cutz Luxury Barber Shop
-
Brilliance Beauty Lounge Hair Salon Nail Salon
-
I Love LASHES Hair Salon Nail Salon
-
Tava Pah Massage Therapy Alternative Medicine Practice Spa & Massage Center
-
VP Studios Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.23M
CAP Approach
CAP
$3.00M
Comparable Approach
Comparable
$4.32M
Blend (final)
Blend
$3.48M
Owner & transaction history
Aa Simmons LLC · 4 yrs held
Aa Simmons LLC
since 2021
Last sale
$3.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.4M
+26.5%
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
$4,550,000
ML approach
$4,225,000
CAP Approach
CAP Return
Estimation
6%
$3,250,000
6.5%
$3,000,000
7%
$2,785,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,270,000
Current use
AUTO REPAIR, GARAGE
$5,400,000
Change: +26% · Conversion: Difficult
MEDICAL BUILDING
$3,810,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$3.48M
Range $3.13M – $3.82M · ±10% · vs last sale $3.30M (Aug 6 2021)
Last sale anchor
$3.30M
Aug 6 2021
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
$263 / 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
$20,225
Tax year 2023
Assessed value
$703,138
Assessed 2024
Previous assessed
$680,360
+3.3% YoY
Effective rate
2.88%
On assessed value
Assessed land
$249,044
Assessed improvement
$454,094
Land market value
$711,554
Improvement market value
$1,297,411
Total market value
$2,008,965
Applied tax rate
254.0000
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
2006
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Total area
13,194 SF
Lot
1.1 ac (47,916 SF)
APN
124-29-801-007
UPID
US62-0267925
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
$4.3M
AUTO REPAIR, GARAGE
Est. value
$5.4M
MEDICAL BUILDING
Est. value
$3.8M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2006
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
Aa Simmons LLC
Entity
Mailing address
304 S JONES BLVD #7450, LAS VEGAS, NV 89107-2623
Ownership since
2021
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
Feb 26, 2026
—
Aa Simmons LLC
—
Deed
related
$1,800,000 · Meadows Bank
Aug 6, 2021
$3,300,000
Aa Simmons LLC
James Rothermel
Bargain And Sale Deed
$2,362,500 · Meadows Bank
Aug 2, 2019
—
James & Victoria Rothermel Fam Trust
—
Deed
related
$570,000 · Us Bk
Jun 4, 2015
—
Rothermel,j & V Family Trust
Cornerstonelv LLC
Quit Claim Deed
related
—
Feb 25, 2010
$1,770,015
Cornestonelv LLC
Clark County Credit Union
Bargain And Sale Deed
$1,570,000 · Clark County Cu
Feb 3, 2010
$1,200,000
Cnty Cu Clark
Nevada Title Co
Trustees Deed
related
—
Nov 9, 2004
—
Silverleaf Business Park LLC
Olesen Erik F Trust
Quit Claim Deed
related
—
—
—
James & Victoria Rothermel Fam Trust
—
Deed Of Trust
related
$570,000 · Us Bk
—
—
Silverleaf Business Park LLC
—
Deed Of Trust
related
$400,000 · Olesen Erik F Living Trust
—
—
Silverleaf Business Park LLC
—
Deed Of Trust
related
$1,000,000 · Clark County Cu
—
—
Silverleaf Business Park LLC
—
Deed Of Trust
related
$1,772,888 · Clark County Cu
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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