Standalone Office Building with
611 South 9th Street, Las Vegas, NV 89101
For Sale
Contact for pricing
Dedicated rear parking serves the standalone professional office property.
Property Size1,493 SF
Lot Size0.20 Acres
Price / SF$391.83
Days on Market46
Property Features for 611 South 9th Street
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Highway Access
Road Access
Additional Details
Asking Price
Property Use
Building Details
Buildings
Building Size
Listing Agency:
LIFE Realty District
Listed By:
Ernest Gonzales · License NV 50441LLC
Source:
Crexi
Added: Sep 30
Changed: Nov 8
Last Checked: Nov 12 at 8:09AM
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 LIFE Realty District
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Investment Insights
Based on property information with market context.
This standalone office building contains approximately 1,493 square feet on an 8,712-square-foot parcel, or 0.20 acre. Dedicated parking is located at the rear of the property. The building is presented for professional office use, with potential applications including legal, accounting, medical, and counseling offices.
The property at 611 South 9th Street is within walking distance of the Clark County Regional Justice Center and the Federal Courthouse, and near Fremont East and the Arts District. Charleston Boulevard, I-15, and US-95/I-515 provide regional road connections.
The property at 611 South 9th Street is within walking distance of the Clark County Regional Justice Center and the Federal Courthouse, and near Fremont East and the Arts District. Charleston Boulevard, I-15, and US-95/I-515 provide regional road connections.
Key Highlights
- Approximately 1,493 square feet of standalone office space
- 8,712‑square‑foot parcel totaling 0.20 acre
- Dedicated rear parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,977
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$459,540
$459.5K
Cap Rate 7%
$328,243
$328.2K
Cap Rate 9%
$255,300
$255.3K
Market Conditions
NOI Build-Up for 1,493 SF
Gross rent
$35.8K $24.00/SF
− Vacancy
−$5.2K −$3.48/SF
EGI
$30.6K $20.52/SF
− OpEx
−$7.7K −$5.13/SF
NOI
$23.0K $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%
$459,540
Cap Rate 7%
$328,243
Cap Rate 9%
$255,300
Alternative Uses
Best Use
Office B
$328.2K
$287.2K – $383.0K
NOI $22,977 @ 7.0% cap · market cap 3.93%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$515.9K
$451.4K – $601.9K
NOI $36,113 @ 7.0% cap · market cap 6.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,780
Businesses Nearby
Explore this area
Business Placement
Demographics for 89101, NV
42,465
Population
18,258
Households
2.3
Avg Household Size
35
Median Age
11%
College-Educated
66%
High-School Grad
5.4 sq mi
ZIP Area
7,864
Density / Sq Mi
$38,653
Median Household Income
$29,471
Median Earnings
$1,008
Median Rent
$258,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Office buildings in Las Vegas
Vacancy Rate% for Office in Las Vegas, NV
Frequently Asked Questions
What type of property is this?
Office building - Dedicated rear parking serves the standalone professional office property.
Where is this office building located?
The property is located at 611 South 9th Street Las Vegas, NV.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Approximately 1,493 square feet of standalone office space; 8,712‑square‑foot parcel totaling 0.20 acre; Dedicated rear parking
