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Property profile & analytics
OFF-MARKET
Medical Office Space
619 10th St Las Vegas, NV 89101
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-0448938
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,695 SF
Lot
0.17 ac (7,405 SF)
APN
139-34-810-111
UPID
US62-0448938
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Forever Getting Cash LLC · 4 yrs held
Forever Getting Cash LLC
since 2022
Last sale
$440,000
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
—
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
$2,035
Tax year 2023
Assessed value
$124,714
Assessed 2024
Previous assessed
$121,359
+2.8% YoY
Effective rate
1.63%
On assessed value
Assessed land
$95,895
Assessed improvement
$28,819
Land market value
$273,986
Improvement market value
$82,340
Total market value
$356,326
Applied tax rate
203.0000
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
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Total area
1,695 SF
Lot
0.17 ac (7,405 SF)
APN
139-34-810-111
UPID
US62-0448938
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
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Forever Getting Cash LLC
Entity
Mailing address
621 S 10TH ST, LAS VEGAS, NV 89101-7027
Ownership since
2022
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
May 23, 2022
$440,000
Forever Getting Cash LLC
Richard J Rasmusson
Bargain And Sale Deed
$286,000 · Velocity Commercial Capital LLC
Sep 11, 2008
—
R & S Family Trust
Rasmusson,richard J
Grant Deed
related
—
May 12, 2003
$175,000
Richard J Rasmusson
Bll Acquisition Recovery INC
Grant Deed
—
Apr 25, 2002
$208,000
Chicago Title
Health Care Center Las Vegas
Trustees Deed
—
Apr 30, 1999
$165,000
Health Care Center Of Las Vega
Cazden,gerald N
Grant Deed
$145,000 · American Commonwealth Mtg Co
Feb 23, 1994
$75,000
Gerald N Cazden
Cazden Trust
Quit Claim Deed
related
$84,000 · Avco Mortgage Corp
Jun 6, 1990
$75,000
Cazden,michael & Amber Rev Tr
Unknown
Grant Deed
—
—
—
Health Care Center Las Vegas
—
Deed Of Trust
related
$120,000 · Medicolegal Solutions Ltd
—
—
Richard J Rasmusson
—
Deed Of Trust
related
$225,000 · Bankwest Of Nevada
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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