West Sahara Avenue Office
For Sale
Contact for pricing
2500 W Sahara Avenue, Las Vegas, NV 89102
Office building on West Sahara Avenue near Palace Station Casino.
Property Size22,382 SF
Price / SF$205.52
Days on Market146
Property Features for 2500 W Sahara Avenue
General Information
Standard status
Active
Size
22,382 SF
Class
B
Total Parking Spaces
95
Property subtype
Office
Zoning
C-1
Investment Type
Stabilized
Net Operating Income
$378,024
Building Details
Year Built
1996
Year Renovated
2025
Stories
2
Units
7
Tenancy
Multi
Listing Agency:
Executive Realty Services
Listed By:
Cici Cong · License #S.0180161
Source:
Crexi
Added: May 21
Changed: Oct 13
Last Checked: Oct 12 at 5:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Executive Realty Services
Investment Insights
Based on property information with market context.
Located on West Sahara Avenue, this commercial property is directly across from Palace Station Casino, situated at the intersection of West Sahara Avenue and Rancho Drive. The West Sahara corridor is a well-established mid-city office area in Las Vegas, located between I-15 and US-95, placing it in the center of the metropolitan area's professional services hub. The property's size is 22382 square feet. The location is particularly suited for medical office use, which is currently the highest-demand segment in the West submarket, due to its proximity to two major hospital campuses and the expanding outpatient care sector. The property is located at 2500 W. Sahara Avenue, Las Vegas, NV 89102.
Key Highlights
- Prime location on West Sahara Avenue, a well‑established mid‑city office corridor.
- Directly across from Palace Station Casino.
- Positioned between I‑15 and US‑95, providing excellent accessibility.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$344,459
Cap Rate
7.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,889,180
$6.9M
Cap Rate 7%
$4,920,843
$4.9M
Cap Rate 9%
$3,827,322
$3.8M
Market Conditions
NOI Build-Up for 22,382 SF
Gross rent
$537.2K $24.00/SF
− Vacancy
−$77.9K −$3.48/SF
EGI
$459.3K $20.52/SF
− OpEx
−$114.8K −$5.13/SF
NOI
$344.5K $15.39/SF
Area
Las Vegas, NV
Vacancy
14.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,889,180
Cap Rate 7%
$4,920,843
Cap Rate 9%
$3,827,322
Alternative Uses
Best Use
Office B
$4.92M
$4.31M – $5.74M
NOI $344,459 @ 7.0% cap · market cap 7.49%
Second Best
Healthcare Medical
$4.24M
$3.71M – $4.94M
NOI $296,517 @ 7.0% cap · market cap 6.45%
Theoretical Best
Specialty Retail
$7.73M
$6.77M – $9.02M
NOI $541,375 @ 7.0% cap · market cap 11.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,311
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 89102, NV
36,035
Population
16,964
Households
2.1
Avg Household Size
36
Median Age
18%
College-Educated
75%
High-School Grad
5.3 sq mi
ZIP Area
6,799
Density / Sq Mi
$48,518
Median Household Income
$30,703
Median Earnings
$1,206
Median Rent
$363,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Las Vegas, NV
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Animal Medical Hospital — 1914 E Sahara Ave, Las Vegas, NV 89104
Frequently Asked Questions
What type of property is this?
Medical Office Space - Office building on West Sahara Avenue near Palace Station Casino.
Where is this medical office space located?
The property is located at 2500 W Sahara Avenue Las Vegas, NV.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: Prime location on West Sahara Avenue, a well‑established mid‑city office corridor.; Directly across from Palace Station Casino.; Positioned between I‑15 and US‑95, providing excellent accessibility.
