Search
Professional Office Building
For Sale
Contact for pricing

500 S Rancho Drive, Las Vegas, NV 89118

Office and medical business park with substantial surface parking and redevelopment flexibility.

Property Size47,304 SF
Lot Size4.63 Acres
Days on Market47

Property Features for 500 S Rancho Drive

General Information

Standard status Active
Size 47,304 SF
Class B
Total Parking Spaces 169
Lot size 4.63 Acres
Property subtype Office
Zoning Professional Office (P-R)

Site & Location

Neighborhood Palomino
Highway Access Yes
Road Access Yes
Utilities to Site Yes

Building Details

Building Size 47,304 SF
Year Built 1988
Buildings 1
Listed By: Hayim Mizrachi, SIOR, CCIM · License #NV #B.0143643.CORP
Source: Corfac
Added: Sep 16 Changed: Oct 27 Last Checked: Oct 30 at 12:39PM

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 Hayim Mizrachi, SIOR, CCIM

Rey
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.

Rancho Orient Business Park is a 47,304-square-foot professional office and medical business park on a 4.63-acre site. The property includes 169 surface parking stalls, existing utilities, and a low-coverage layout that leaves additional land available for repositioning or redevelopment. Constructed in 1988, the asset is zoned Professional Office (P-R).

The property is located at 500 S. Rancho Drive in central Las Vegas, near the Las Vegas Medical District. I-11/US-95 is less than one mile away, while I-15 is approximately one mile from the site. Downtown Las Vegas, Las Vegas Boulevard, UMC, Valley Hospital, and the UNLV Shadow Lane Campus are also nearby.

Key Highlights

  • ±47,304 SF professional office and medical business park
  • ±4.63‑acre site with low‑coverage configuration
  • 169 surface parking stalls

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

RCI Engineering Engineering Consultant Stephanie J. Youngblood, ... Alternative Medicine Practice Myacinth Pineda Physician Ms. Jhouleen Angelika ... Physician Sullivan Walter G ... Physician

Suggested Use

Top Pick Building Supply Real Estate Agency Auto Repair Shop Auto Parts Store Electrical Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,463
Businesses Nearby

Demographics for 89118, NV

22,588
Population
10,345
Households
2.2
Avg Household Size
38
Median Age
27%
College-Educated
90%
High-School Grad
10.6 sq mi
ZIP Area
2,131
Density / Sq Mi
$67,384
Median Household Income
$36,629
Median Earnings
$1,501
Median Rent
$391,800
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

13.3% 2019
13% 2020
11.7% 2021
13.3% 2022
13.8% 2023
14.1% 2024
13% 2025

Frequently Asked Questions

What type of property is this?
Office building - Office and medical business park with substantial surface parking and redevelopment flexibility.
Where is this office building located?
The property is located at 500 S Rancho Drive Las Vegas, NV.
What are key features of this property?
This property features: ±47,304 SF professional office and medical business park; ±4.63‑acre site with low‑coverage configuration; 169 surface parking stalls
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved