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    840 Grier Dr Las Vegas, NV 89119

    For Sale
    $18,208,000

    Three-story, 66,212 SF office building near airport and highways.

    Property size:
    66,212 SF
    Lot size:
    3.73 Acres

    Property Features for 840 Grier Dr

    General Information

    Size
    66,212 SF
    Lot size
    3.73 Acres

    Source: Logic Commercial Real Estate | Las Vegas Agent Cathy Jones

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Las Vegas Office Building Opportunity

    Located within the MGM office campus in Central Las Vegas, 840 Grier Dr. is a three-story office building totaling approximately 66,212 square feet on approximately 3.73 acres. Constructed in 1997, the property is ideally positioned near major highways I-15 and I-215. The property has approximately 364 feet of frontage along Sunset Rd., which sees approximately 31,600 cars per day, and enjoys unobstructed visibility from the main runway at Harry Reid International Airport, which welcomed 57.6 million visitors in 2023. This vacant building presents versatile opportunities for an investor to lease it to a large single tenant or multiple tenants, or the property could be sold to an owner-user or subdivided as condos for sale to multiple owner-users. The building's existing infrastructure supports all these options, having previously functioned as a multi-tenant facility before the most recent tenant vacated at the conclusion of their lease term.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    MGM Resorts International ... Corporate Office Dr. Mark Fotovat Dentist RBC Builder General Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Wholesale Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.145135
    Latitude
    36.070888

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    FAQs

    What type of property is this?
    Office building - Three-story, 66,212 SF office building near airport and highways.
    Where is this office building located?
    The property is located at 840 Grier Dr Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $18,208,000.
    What are key features of this property?
    This property features: - Rare ±66,212 SF full building office opportunity with versatile options: single tenant lease, multi-tenant lease, owner-user purchase, or condo subdivision.; - Prime location in the MGM office campus in Central Las Vegas, near I-15 and I-215.; - Excellent visibility with ±364 feet of frontage on Sunset Rd. (±31,600 CPD) and unobstructed views of Harry Reid International Airport.
    (702) 595-8765
    Request Owner's contact information
    840 Grier Dr Las Vegas, NV 89119
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    840 Grier Dr
    Las Vegas, NV 89119
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    840 Grier Dr Las Vegas, NV 89119
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