Single-Story Mixed-Use
For Sale
Contact for pricing
3672-3674 N Rancho Drive, Las Vegas, NV 89130
Multi-tenant office and retail building with C-2 General Commercial zoning.
Property Size9,650 SF
Lot Size0.69 Acres
Price / SF$217.62
Days on Market50
Property Features for 3672-3674 N Rancho Drive
General Information
Standard status
Active
Size
9,650 SF
Lot size
0.69 Acres
Property subtype
Office, Retail
Zoning
C-2
Additional Details
Road Access
Yes
Building Details
Year Built
2000
Buildings
1
Stories
1
Building Size
9,650 SF
Tenancy
Multi
Listing Agency:
Albright Callister & Associates LLC
Listed By:
Michael McLeod · License #NV 0067502
Source:
Crexi
Added: Sep 9
Changed: Oct 26
Last Checked: Oct 28 at 6:08AM
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 Albright Callister & Associates LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This single-story mixed-use property combines office and retail space within an approximately 9,650-square-foot building. Constructed in 2000, the asset occupies 0.69 acres and is configured for multiple tenants. Existing leases use a modified gross structure, supporting both office and retail occupancy within the same commercial property.
The building is located at 3672-3674 N. Rancho Drive in Las Vegas, Nevada, with frontage along Rancho Drive. C-2 General Commercial zoning applies to the site. The property is positioned as an owner-user asset with an established multi-tenant configuration.
The building is located at 3672-3674 N. Rancho Drive in Las Vegas, Nevada, with frontage along Rancho Drive. C-2 General Commercial zoning applies to the site. The property is positioned as an owner-user asset with an established multi-tenant configuration.
Key Highlights
- Approximately 9,650 square feet of single‑story office and retail space
- 0.69‑acre site with frontage on Rancho Drive
- C‑2 General Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$148,514
Cap Rate
7.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,970,280
$3.0M
Cap Rate 7%
$2,121,629
$2.1M
Cap Rate 9%
$1,650,156
$1.7M
Market Conditions
NOI Build-Up for 9,650 SF
Gross rent
$231.6K $24.00/SF
− Vacancy
−$33.6K −$3.48/SF
EGI
$198.0K $20.52/SF
− OpEx
−$49.5K −$5.13/SF
NOI
$148.5K $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%
$2,970,280
Cap Rate 7%
$2,121,629
Cap Rate 9%
$1,650,156
Alternative Uses
Best Use
Retail
$3.11M
$2.72M – $3.63M
NOI $217,853 @ 7.0% cap · market cap 10.37%
Second Best
Office B
$2.12M
$1.86M – $2.48M
NOI $148,514 @ 7.0% cap · market cap 7.07%
Theoretical Best
Specialty Retail
$3.33M
$2.92M – $3.89M
NOI $233,414 @ 7.0% cap · market cap 11.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
591
Businesses Nearby
Explore this area
Business Placement
Demographics for 89130, NV
34,212
Population
13,819
Households
2.5
Avg Household Size
42
Median Age
23%
College-Educated
91%
High-School Grad
7.7 sq mi
ZIP Area
4,443
Density / Sq Mi
$82,599
Median Household Income
$42,723
Median Earnings
$1,620
Median Rent
$391,300
Median Home Value
Market
Vacancy Rate% for Office in Las Vegas, NV
Frequently Asked Questions
What type of property is this?
Mixed-use property - Multi-tenant office and retail building with C-2 General Commercial zoning.
Where is this mixed-use property located?
The property is located at 3672-3674 N Rancho Drive Las Vegas, NV.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Approximately 9,650 square feet of single‑story office and retail space; 0.69‑acre site with frontage on Rancho Drive; C‑2 General Commercial zoning
