Las Vegas Office
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2588 Fire Mesa St, Las Vegas, NV 89128
The property occupies a location near Peak Drive and US-95.
Property Size23,040 SF
Price / SF$271.27
Days on Market4
Property Features for 2588 Fire Mesa St
General Information
Standard status
Active
Size
23,040 SF
Property subtype
OFFICE
Site & Location
Neighborhood
Las Vegas Technology Center
Highway Access
Yes
Listing Agency:
Colliers | Las Vegas
Listed By:
Darren Lemmon · License #S.0045062
(702) 735-5700
Source:
Moodyscre
Added: Oct 21
Changed: Oct 24
Last Checked: Oct 23 at 4:42PM
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 Colliers | Las Vegas
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The office property at 2588 Fire Mesa St contains 23,040 square feet. It is located near Peak Drive and US-95 in Las Vegas, Nevada.
Key Highlights
- 23,040‑square‑foot office building
- Near Peak Drive and US‑95
- 2588 Fire Mesa St, Las Vegas, NV 89128
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$354,586
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,091,720
$7.1M
Cap Rate 7%
$5,065,514
$5.1M
Cap Rate 9%
$3,939,844
$3.9M
Market Conditions
NOI Build-Up for 23,040 SF
Gross rent
$553.0K $24.00/SF
− Vacancy
−$80.2K −$3.48/SF
EGI
$472.8K $20.52/SF
− OpEx
−$118.2K −$5.13/SF
NOI
$354.6K $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%
$7,091,720
Cap Rate 7%
$5,065,514
Cap Rate 9%
$3,939,844
Alternative Uses
Best Use
Office B
$5.07M
$4.43M – $5.91M
NOI $354,586 @ 7.0% cap · market cap 5.67%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.96M
$6.97M – $9.29M
NOI $557,290 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,267
Businesses Nearby
Explore this area
Business Placement
Demographics for 89128, NV
37,882
Population
16,840
Households
2.2
Avg Household Size
40
Median Age
31%
College-Educated
91%
High-School Grad
6.0 sq mi
ZIP Area
6,314
Density / Sq Mi
$70,641
Median Household Income
$41,581
Median Earnings
$1,621
Median Rent
$378,600
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
Frequently Asked Questions
What type of property is this?
Office building - The property occupies a location near Peak Drive and US-95.
Where is this office building located?
The property is located at 2588 Fire Mesa St Las Vegas, NV.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: 23,040‑square‑foot office building; Near Peak Drive and US‑95; 2588 Fire Mesa St, Las Vegas, NV 89128
