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Property profile & analytics
OFF-MARKET
Estimated value
$14,535,000
Assisted living facilities
7540 Smoke Rnch Rd Las Vegas, NV 89128-0392
Entity Owned
3-yr Hold
Free & Clear
Property ID
US62-0237454
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2021
Construction
FRAME
Total area
36,684 SF
Lot
2.22 ac (96,703 SF)
APN
138-15-402-002
UPID
US62-0237454
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
-
Subject Property Community Center
-
Silverado Red Rock Memory Care Community Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.98M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.31M
Blend (final)
Blend
$14.54M
Owner & transaction history
Silverado Summerlin LLC · 3 yrs held
Silverado Summerlin LLC
since 2023
Last sale
$17.4M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$23.2M
+151.8%
Auto repair, garage
$20.4M
+121.1%
Neighborhood: shopping center
$15.9M
+72.8%
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
$16,500,000
ML approach
$8,980,000
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)
$9,215,000
Current use
COMMERCIAL (GENERAL)
$23,200,000
Change: +152% · Conversion: Difficult
AUTO REPAIR, GARAGE
$20,375,000
Change: +121% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$15,925,000
Change: +73% · Conversion: Difficult
RETAIL STORES
$13,715,000
Change: +49% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$10,860,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$14.54M
Range $13.08M – $15.99M · ±10% · vs last sale $17.44M (Feb 15 2023)
Last sale anchor
$17.44M
Feb 15 2023
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
$396 / 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
$97,296
Tax year 2023
Assessed value
$3,400,167
Assessed 2024
Previous assessed
$3,101,284
+9.6% YoY
Effective rate
2.86%
On assessed value
Assessed land
$507,691
Assessed improvement
$2,892,476
Land market value
$1,450,546
Improvement market value
$8,264,217
Total market value
$9,714,763
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
2021
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Total area
36,684 SF
Lot
2.22 ac (96,703 SF)
APN
138-15-402-002
UPID
US62-0237454
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
$9.2M
COMMERCIAL (GENERAL)
Est. value
$23.2M
AUTO REPAIR, GARAGE
Est. value
$20.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$15.9M
RETAIL STORES
Est. value
$13.7M
INDUSTRIAL (GENERAL)
Est. value
$10.9M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
INDUSTRIAL (GENERAL)
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
2021
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Lot
2.22 ac
Current owner
From public records · entity-resolved
Silverado Summerlin LLC
Entity
Free & Clear · 3 yrs held
Mailing address
222 ROBERT ROSE DR, MURFREESBORO, TN 37129-6346
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 15, 2023
—
Silverado Summerlin LLC
Nhi Reit Of Colorado
Assignment Of Lease (leasehold Sale)
—
Feb 15, 2023
$17,960,000
Nhi Reit Of Colorado LLC
Summerlin Senior Development Compan
Bargain And Sale Deed
—
Dec 21, 2017
$2,060,000
Summerlin Senior Dev Co INC
Market Street Summerlin Re LLC
Trustees Deed
related
$14,000,000 · Other Institutional Lenders
Mar 16, 2016
$1,130,000
Market Street Summerlin Re LLC
Kamichu LLC
Bargain And Sale Deed
$1,034,512 · Clayton Bank And Trust
Mar 25, 2015
—
Kamichu LLC
Beam Donna F Trust
Quit Claim Deed
related
—
Mar 4, 2015
—
Kamichu LLC
Beam Donna F Trust
Quit Claim Deed
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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