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Property profile & analytics
OFF-MARKET
Estimated value
$3,000,000
Medical Office Space
8981 Sahara Ave Ste 230 Las Vegas, NV 89117-5894
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US62-0186080
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
2001
Construction
FRAME
Total area
14,362 SF
Lot
0.95 ac (41,382 SF)
APN
163-08-120-031
UPID
US62-0186080
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.00M
CAP Approach
CAP
$2.93M
Comparable Approach
Comparable
$3.89M
Blend (final)
Blend
$3.00M
Owner & transaction history
717 Green St LLC · 1 yrs held
717 Green St LLC
since 2024
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$4.3M
+7.6%
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
$3,000,000
ML approach
$3,000,000
CAP Approach
CAP Return
Estimation
6%
$3,170,000
6.5%
$2,925,000
7%
$2,720,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$3,955,000
Current use
INDUSTRIAL (GENERAL)
$4,250,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$3.00M
Range $2.70M – $3.30M · ±10% · vs last sale $3.00M (Oct 4 2024)
Last sale anchor
$3.00M
Oct 4 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
$209 / 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
$27,028
Tax year 2023
Assessed value
$917,433
Assessed 2024
Previous assessed
$827,457
+10.9% YoY
Effective rate
2.95%
On assessed value
Assessed land
$231,739
Assessed improvement
$685,694
Land market value
$662,111
Improvement market value
$1,959,126
Total market value
$2,621,237
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
2001
Construction
FRAME
Heating
HEAT PUMP
Stories
2
Total area
14,362 SF
Lot
0.95 ac (41,382 SF)
APN
163-08-120-031
UPID
US62-0186080
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
MEDICAL BUILDING Current
Est. value
$4.0M
INDUSTRIAL (GENERAL)
Est. value
$4.3M
MEDICAL BUILDING Current
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
2001
Construction
FRAME
Heating
HEAT PUMP
Stories
2
Lot
0.95 ac
Current owner
From public records · entity-resolved
717 Green St LLC
Entity
Mailing address
9260 W BRONZE RIV AVE STE #230, LAS VEGAS, NV 89149-1686
Mailing matches property
Different — outreach signal
Owner-occupied
No
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 28, 2025
—
717 Green St LLC
—
Deed
related
$3,150,000 · Live Oak Banking Company
Oct 4, 2024
$3,000,000
717 Green St LLC
Www Properties LLC
Bargain And Sale Deed
$3,150,000 · Live Oak Banking Company
Oct 14, 2020
—
Www Properties LLC
—
Deed
related
$1,700,000 · Valley Bank Of Nevada
Feb 6, 2001
$535,500
Www Properties LLC
Tlcg LLC
Grant Deed
$2,000,000 · Red Rock Community Bank
Aug 25, 1999
$535,500
Tlcg LLC
West Sahara Investments INC
Grant Deed
$348,000 · Mesa Bank
—
—
Www Properties LLC
—
Deed Of Trust
related
$605,000 · Nevada State Development Corp
—
—
Www Properties LLC
—
Deed Of Trust
related
$2,000,000 · Assurity Life Insurance Co
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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