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Property profile & analytics
OFF-MARKET
Estimated value
$8,500,000
Assisted living facilities
6650 Grand Montecito Pkwy Las Vegas, NV 89149-0210
Entity Owned
2-yr Hold
Free & Clear
Property ID
US62-0005319
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2015
Construction
FRAME
Total area
29,474 SF
Lot
1.82 ac (79,279 SF)
APN
125-20-711-018
UPID
US62-0005319
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
-
Skye Canyon Post Acute (Formerly Mission Point of Centennial Hills) Rehabilitation Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.89M
Blend (final)
Blend
$8.50M
Owner & transaction history
6650 Grand Montecito Parkway LLC · 2 yrs held
6650 Grand Montecito Parkway LLC
since 2024
Last sale
$8.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$12.8M
+72.8%
Retail stores
$11.0M
+48.8%
Office building
$8.9M
+20.6%
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
Method
Estimation
Statistic approach
$8,500,000
ML approach
$8,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$7,405,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$12,795,000
Change: +73% · Conversion: Difficult
RETAIL STORES
$11,020,000
Change: +49% · Conversion: Difficult
OFFICE BUILDING
$8,925,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$8.50M
Range $7.65M – $9.35M · ±10% · vs last sale $8.50M (May 31 2024)
Last sale anchor
$8.50M
May 31 2024
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
$288 / 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
$81,258
Tax year 2023
Assessed value
$2,716,420
Assessed 2024
Previous assessed
$2,478,648
+9.6% YoY
Effective rate
2.99%
On assessed value
Assessed land
$388,467
Assessed improvement
$2,327,953
Land market value
$1,109,906
Improvement market value
$6,651,294
Total market value
$7,761,200
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2015
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Total area
29,474 SF
Lot
1.82 ac (79,279 SF)
APN
125-20-711-018
UPID
US62-0005319
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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$7.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.8M
RETAIL STORES
Est. value
$11.0M
OFFICE BUILDING
Est. value
$8.9M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE 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
2015
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Lot
1.82 ac
Current owner
From public records · entity-resolved
6650 Grand Montecito Parkway LLC
Entity
Free & Clear · 2 yrs held
Mailing address
262 N UNIVERSITY AVE, FARMINGTON, UT 84025-2975
Ownership since
2024
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
Apr 20, 2026
—
6650 Grand Montecito Parkway L
—
Deed
related
$600,000,000 · Trust Bank
May 31, 2024
$8,500,000
6650 Grand Montecito Parkway LLC
Mp Las Vegas Property Holdings LLC
Bargain And Sale Deed
—
Nov 16, 2022
$10,500,000
Mp Las Vegas Property Holding LLC
6630 Grand Montecito LLC
Bargain And Sale Deed
$100,000,000 · Oxford Finance LLC
Jul 13, 2012
—
Hcbi Centennial Hills LLC
Southwestusa Bk
Correction Deed
related
—
Jul 12, 2012
$850,000
Hcbi Centennial Hills LLC
Southwestusa Bk
Grant Deed
—
Dec 2, 2010
$1,009,000
Southwestusa Bk
Nevada Title Co
Correction Deed
related
—
Nov 17, 2010
$1,009,000
Southwestusa Bk
Nevada Title Co
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
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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