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Property profile & analytics
OFF-MARKET
Estimated value
$2,505,000
Medical Office Space
731 Mall Ring Cir Henderson, NV 89014-6683
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-1293482
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1999
Construction
FRAME
Total area
11,893 SF
Lot
0.89 ac (38,768 SF)
APN
178-03-110-018
UPID
US62-1293482
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
-
Galleria Pediatric Dentistry Dental Office
-
Galleria Pediatric Dentistry: Gubler Sean DDS Dental Office
-
Galleria Pediatric Dentistry: Grieve Brandon DDS Dental Office
-
Galleria Pediatric Dentistry: Schmutz Joseph R DDS Dental Office
-
Galleria Pediatric Dentistry: Shelly Self, DMD Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.26M
CAP Approach
CAP
$2.55M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.51M
Owner & transaction history
Mrc Holding Group LLC · 4 yrs held
Mrc Holding Group LLC
since 2022
Last sale
$2.7M
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 Henderson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Henderson 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
$2,295,000
ML approach
$2,260,000
CAP Approach
CAP Return
Estimation
6%
$2,755,000
6.5%
$2,545,000
7%
$2,365,000
Blend value · Realmo final
$2.51M
Range $2.25M – $2.76M · ±10% · vs last sale $2.71M (Feb 28 2022)
Last sale anchor
$2.71M
Feb 28 2022
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
$211 / 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
$21,740
Tax year 2023
Assessed value
$903,612
Assessed 2024
Previous assessed
$834,609
+8.3% YoY
Effective rate
2.41%
On assessed value
Assessed land
$189,963
Assessed improvement
$713,649
Land market value
$542,751
Improvement market value
$2,038,997
Total market value
$2,581,748
Applied tax rate
529.0000
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
1999
Construction
FRAME
Heating
YES
Stories
2
Total area
11,893 SF
Lot
0.89 ac (38,768 SF)
APN
178-03-110-018
UPID
US62-1293482
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
1999
Construction
FRAME
Heating
YES
Stories
2
Lot
0.89 ac
Current owner
From public records · entity-resolved
Mrc Holding Group LLC
Entity
Mailing address
731 MALL RING CIR STE #201, HENDERSON, NV 89014-6691
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2022
$2,710,000
Mrc Holding Group LLC
731 Mrc LLC
Bargain And Sale Deed
$2,168,000 · Zb NA
Nov 8, 2007
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Aug 15, 2007
$2,118,458
731 Mrc LLC
Galleria Dental Center LLC
Grant Deed
$2,000,000 · Zions First National Bank
Jul 23, 1998
—
Galleria Dental Center LLC
—
Grant Deed
related
$1,206,000 · Wells Fargo Bank
Feb 5, 1998
$541,000
Galleria Dental Center LLC
Ranch Center Associates II
Grant Deed
$260,000 · Wells Fargo Bank
—
—
731 Mrc LLC
—
Deed Of Trust
related
$175,000 · Elaine Spilsbury
—
—
Mrc LLC
—
Deed Of Trust
related
$1,440,000 · Plaza Bk
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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