Two-Story Professional Office
For Sale
Contact for pricing
319 E Warm Springs Rd, Las Vegas, NV 89119
Two-story office building with covered parking and multiple available suite sizes, near I-15 and the 215 Beltway.
Property Size25,000 SF
Price / SF$215
Days on Market394
Property Features for 319 E Warm Springs Rd
General Information
Standard status
Active
Size
25,000 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Building Details
Buildings
1
Stories
2
Building Size
25,000 SF
Parking Ratio
4 per 1,000 SF
Listing Agency:
Colliers | Las Vegas
(702) 524-9431
Listed By:
Chris Connell, SIOR · License #S.0075502
(702) 524-9431
Source:
Moodyscre
Added: Jul 4, 2025
Changed: Jul 31
Last Checked: Aug 1 at 4:39AM
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
Investment Insights
Based on property information with market context.
Two-story professional office building totaling +/- 25,000 SF, with flexibility for owner-users and tenants. +/- 11,000 to +/- 25,000 SF is available, depending on the suite or configuration needed. Parking is 4/1,000, and covered parking is also available.
The property is located in the Airport submarket with high visibility on E. Warm Springs Road. The site benefits from traffic counts in excess of +33,000 VPD and convenient access to I-15 and the 215 Beltway, with two interchanges close by. The immediate area offers an abundance of restaurants and services.
For office operators seeking a two-story building with on-site parking and easy freeway access, this presents a practical option with multiple space sizes available.
The property is located in the Airport submarket with high visibility on E. Warm Springs Road. The site benefits from traffic counts in excess of +33,000 VPD and convenient access to I-15 and the 215 Beltway, with two interchanges close by. The immediate area offers an abundance of restaurants and services.
For office operators seeking a two-story building with on-site parking and easy freeway access, this presents a practical option with multiple space sizes available.
Key Highlights
- +/- 25,000 SF two‑story professional office building
- +/- 11,000 to +/- 25,000 SF available space
- High visibility on E. Warm Springs Road with traffic counts in excess of +33,000 VPD
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $600.0k | $24.00 |
| − Vacancy | −$87.0k | −$3.48 |
| EGI | $513.0k | $20.52 |
| − OpEx | −$128.3k | −$5.13 |
| NOI | $384.8k | $15.39 |
25,000 SF · lease $24.00/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$5.50M
$4.81M – $6.41M
NOI $384,750 @ 7.0% cap · market cap 7.16%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$8.64M
$7.56M – $10.08M
NOI $604,699 @ 7.0% cap · market cap 11.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
928
Businesses Nearby
Explore this area
Business Placement
Demographics for 89119, NV
48,895
Population
24,756
Households
2
Avg Household Size
36
Median Age
20%
College-Educated
84%
High-School Grad
12.9 sq mi
ZIP Area
3,790
Density / Sq Mi
$46,472
Median Household Income
$32,590
Median Earnings
$1,184
Median Rent
$301,000
Median Home Value
Market
Vacancy Rate% for Office in Las Vegas, NV
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Two-story office building with covered parking and multiple available suite sizes, near I-15 and the 215 Beltway.
Where is this office building located?
The property is located at 319 E Warm Springs Rd Las Vegas, NV.
What is the asking price?
The asking price for this property is $5,375,000.
What are key features of this property?
This property features: +/- 25,000 SF two‑story professional office building; +/- 11,000 to +/- 25,000 SF available space; High visibility on E. Warm Springs Road with traffic counts in excess of +33,000 VPD
