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Property profile & analytics
OFF-MARKET
Estimated value
$1,165,000
Medical Office Space
999 Adams Blvd Boulder City, NV 89005-2244
Trust Owned
21-yr Hold
Free & Clear
Property ID
US62-0035240
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1989
Construction
FRAME
Total area
8,940 SF
Lot
0.55 ac (23,958 SF)
APN
186-08-704-002
UPID
US62-0035240
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
-
Boulder City Primary Care Medical Clinic
-
Strimling Robert B MD Physician Medical Clinic
-
Eye Institute of Nevada Physician
-
Adam Eudy, DO - Knee & Hip Surgeon Physician
-
Walton Charles B MD 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
$1.17M
Owner & transaction history
Dye Family Trust · 21 yrs held
Dye Family Trust
since 2004
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 Boulder City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boulder City 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
$130 / 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
Assessed value
$449,873
Assessed 2024
Previous assessed
$409,994
+9.7% YoY
Assessed land
$108,422
Assessed improvement
$341,451
Land market value
$309,777
Improvement market value
$975,574
Total market value
$1,285,351
Applied tax rate
50.0000
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
1989
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Total area
8,940 SF
Lot
0.55 ac (23,958 SF)
APN
186-08-704-002
UPID
US62-0035240
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
1989
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
Dye Family Trust
Trust
Free & Clear · 21 yrs held
Mailing address
901 ADAMS BLVD, BOULDER CITY, NV 89005-2213
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2022
—
Boulder City Hospital INC
—
Deed
related
$9,900,000 · Usda
Sep 21, 2021
—
Boulder City Hospital INC
—
Deed
related
$3,500,000 · Greater Nevada Cu
Sep 16, 2021
—
Boulder City Hospital INC
—
Deed
related
$3,000,000 · Greater Nevada Cu
Jul 26, 2018
—
Boulder City Hospital INC
—
Grant Deed
related
$4,271,300 · Greater Nv Cu
Dec 26, 2014
—
Boulder City Hospital INC
—
Grant Deed
related
$13,877,288 · United States Dept/agriculture
Sep 8, 2004
$295,048
Dye Family Trust
Boulder City Medical Ctr Assoc
Grant Deed
—
Sep 8, 2004
—
Joseph Shalev
Shalev,batsheva
Quit Claim Deed
related
—
Sep 8, 2004
$700,000
Boulder City Hospital INC
Dye Family Trust
Grant Deed
$850,000 · Bankwest Of Nevada
—
—
Boulder City Hospital INC
—
Deed Of Trust
related
$2,448,922 · Rural Cmnty Assistance
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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