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Property profile & analytics
OFF-MARKET
Estimated value
$10,895,000
Medical Office Space
8285 Arby Ave Las Vegas, NV 89113-2235
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US62-0383227
Property summary
AI-generated overview
This exceptional Class A medical office building, the San Martin Medical Arts Pavilion, offers 73,292 square feet of prime space in Las Vegas, Nevada. Built in 2007, this three-story building boasts six total suites, with three currently available, ranging from 1,957 to 3,685 square feet. The minimum divisible space is 3,147 square feet, and the maximum contiguous space available is also 3,147 square feet. Currently, 7,811 square feet are vacant, presenting a unique opportunity for medical professionals seeking a prestigious location. The building enjoys a convenient location on the campus of St. Rose San Martin Hospital, easily accessible from Warm Springs Road, between Buffalo Drive and Durango Drive, with quick access to the I-215 Beltway. Ample parking is provided with a 5:1,000 square foot ratio. Located in Clark County, at 8285 West Arby Avenue, Las Vegas, NV 89113, this property offers a highly desirable address and exceptional visibility. The building's modern design and convenient amenities make it an ideal setting for a variety of medical practices. This is a rare opportunity to secure space in a thriving medical hub.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2007
Construction
FRAME
Total area
77,049 SF
Lot
0.69 ac (30,056 SF)
APN
176-04-410-003
UPID
US62-0383227
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
-
Emergency Dignity Health Care Hospital
-
Carrie Sheets, PHD Physician Medical Clinic
-
San Martin Medical Arts Pavilion Medical Clinic
-
Johnston Yee Family Medicine Medical Clinic
-
CLAIRE LENEE HILES Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.90M
Owner & transaction history
8285 West Arby LLC
8285 West Arby LLC
since 2025
2 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
$141 / 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
$176,263
Tax year 2023
Assessed value
$6,988,897
Assessed 2024
Previous assessed
$6,314,067
+10.7% YoY
Effective rate
2.52%
On assessed value
Assessed land
$178,833
Assessed improvement
$6,810,064
Land market value
$510,951
Improvement market value
$19,457,326
Total market value
$19,968,277
Applied tax rate
417.0000
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
2007
Construction
FRAME
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Stories
3
Total area
77,049 SF
Lot
0.69 ac (30,056 SF)
APN
176-04-410-003
UPID
US62-0383227
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
2007
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
3
Lot
0.69 ac
Current owner
From public records · entity-resolved
8285 West Arby LLC
Entity
Mailing address
16435 N SCOTTSDALE RD STE #320, SCOTTSDALE, AZ 85254-1694
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2025
—
8285 West Arby LLC
Hta San Martin LLC
Deed
related
$285,785,000 · Bmo Bank NA
—
—
Investors San Martin
—
Deed Of Trust
related
$1,500,000 · Medical Office Portfolio LP
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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