3497 South Eastern Avenue Las Vegas, NV 89169
Commercial space with solar panels and rear garage access.
Property Features for 3497 South Eastern Avenue
General Information
- Standard status
- Active
- Size
- 2,509 SF
- Property subtype
- Office
Building Details
- Year Built
- 1963
Listing office Cornel Realty
Listing date May 26, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Cornel Realty
Investment Insights
Based on property information with market context.
Key Highlights
- Commercial zoning allows for a variety of business opportunities.
- Located on a golf course, offering scenic views.
- Solar panels provide an eco‑friendly power source.
Local 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 | $60.2k | $24.00 |
| − Vacancy | −$8.7k | −$3.48 |
| EGI | $51.5k | $20.52 |
| − OpEx | −$12.9k | −$5.13 |
| NOI | $38.6k | $15.39 |
