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Property profile & analytics
FOR SALE
Medical Office Space
675 Cottonwood Cove Rd Searchlight, NV 89046
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-0556446
For Sale
1 / 27
Contact for pricing
675 Cottonwood Cove Rd, Searchlight, NV 89046
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1966
Construction
FRAME
Total area
980 SF
Lot
1.1 ac (47,916 SF)
APN
243-35-212-013
UPID
US62-0556446
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
-
Cottonwood Cove Rentals LLC Boat Rental Service Houseboat Rental Service
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
Dennis W Benson · 4 yrs held
Dennis W Benson
since 2022
Last sale
$155,000
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 Searchlight submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Searchlight 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
$911
Tax year 2023
Assessed value
$38,825
Assessed 2024
Previous assessed
$36,113
+7.5% YoY
Effective rate
2.35%
On assessed value
Assessed land
$15,792
Assessed improvement
$23,033
Land market value
$45,120
Improvement market value
$65,809
Total market value
$110,929
Applied tax rate
700.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
For Sale
Year built
1966
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
980 SF
Lot
1.1 ac (47,916 SF)
APN
243-35-212-013
UPID
US62-0556446
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
1966
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
Dennis W Benson
Individual
Mailing address
107104 NIPTON RD, NIPTON, CA 92364
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2022
$155,000
Dennis W Benson
Martin Stanish
Bargain And Sale Deed
$90,000 · Margaret Stanish And Shattler Fami
Jun 28, 2021
—
Timothy Lee Shattler
Staci Leigh Shattler
Correction Deed
related
—
Jun 7, 2021
—
Timothy Lee Shattler
Staci Leigh Shattler
Intrafamily Transfer
related
—
Aug 24, 2020
$143,800
Margaret Stanish
Nevada Trust Deed Svcs|value Towing INC
Foreclosure
—
Jun 27, 2014
$162,000
Value Towing INC
Stanish,margaret
Grant Deed
$152,000 · Margaret Stanish
Aug 28, 2012
—
D & D Living Trust
Wilson,doris
Grant Deed
related
—
Jul 16, 2012
—
D & D Living Trust
Wilson,doris
Grant Deed
related
—
Feb 8, 2012
—
Wilson,doris B
Wilson,sherri L
Affidavit Of Death
related
—
Sep 6, 2005
$220,000
Margaret Stanish
Mohave Investment LLC
Grant Deed
—
Sep 6, 2005
—
Doris B Wilson
Wilson,d W
Quit Claim Deed
related
—
Nov 16, 2004
$126,000
Mohave Investment LLC
Morrill,christi T
Grant Deed
—
Jun 27, 2001
$85,000
Christie T Morrill
Perfect Assets INC
Grant Deed
$75,000 · Perfect Assets INC
May 11, 2000
—
Perfect Assets INC
Aslm INC
Quit Claim Deed
related
—
Nov 23, 1998
$75,000
Aslm INC
Gould,lane E & Lummie L
Grant Deed
$50,000 · Seller
—
—
Perfect Assets INC
—
Deed Of Trust
related
$75,000 · Cottonwood Enterprises INC
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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