Downtown Las Vegas Office
For Sale
Contact for pricing
730 S Las Vegas Blvd, Las Vegas, NV 89101
Own office condos in the heart of Downtown Las Vegas.
Property Size11,199 SF
Price / SF$245
Days on Market1346
Property Features for 730 S Las Vegas Blvd
General Information
Standard status
Active
Size
11,199 SF
Property subtype
Office
Zoning
C2
Site & Location
Neighborhood
Cultural Corridor
Building Details
Year Built
1963
Stories
2
Listing Agency:
IREPLV LLC
Listed By:
Mike Young · License #B.0146036.LLC
Source:
Crexi
Added: Feb 16, 2023
Changed: Oct 11
Last Checked: Oct 23 at 5:25AM
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 IREPLV 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.
Located in the heart of downtown Las Vegas, The Office @ 730 S. Las Vegas Blvd is a 2-story office building with +40,342 sq. ft. of space. Office condos are available for sale. The building is situated at the corner of Gass Avenue and Las Vegas Boulevard, offering accessibility to federal and municipal courthouses, the Medical District, Symphony Park, the Arts District, and Fremont Street. Available on the first floor are suites 101 with ±3,679 sq. ft., 102 with ±2,817 sq. ft., 103 with ±2,723 sq. ft., 105 with ±3,259 sq. ft., and 106 with ±3,619 sq. ft. Second floor suites available include 201 with ±3,662 sq. ft., 202 with ±2,905 sq. ft., 203 with ±2,702 sq. ft., 204 with ±4,503 sq. ft., 205 with ±2,954 sq. ft., and 206 with ±3,742 sq. ft.
Key Highlights
- Office condos for sale in Downtown Las Vegas.
- Located in the heart of downtown at the corner of Gass Avenue and Las Vegas Boulevard.
- Accessibility to federal & municipal courthouses, the Medical District, Symphony Park, the Arts District, and Fremont Street.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$172,353
Cap Rate
6.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,447,060
$3.4M
Cap Rate 7%
$2,462,186
$2.5M
Cap Rate 9%
$1,915,033
$1.9M
Market Conditions
NOI Build-Up for 11,199 SF
Gross rent
$268.8K $24.00/SF
− Vacancy
−$39.0K −$3.48/SF
EGI
$229.8K $20.52/SF
− OpEx
−$57.5K −$5.13/SF
NOI
$172.4K $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%
$3,447,060
Cap Rate 7%
$2,462,186
Cap Rate 9%
$1,915,033
Alternative Uses
Best Use
Office B
$2.46M
$2.15M – $2.87M
NOI $172,353 @ 7.0% cap · market cap 6.28%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.87M
$3.39M – $4.51M
NOI $270,881 @ 7.0% cap · market cap 9.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,095
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
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
Frequently Asked Questions
What type of property is this?
Office unit - Own office condos in the heart of Downtown Las Vegas.
Where is this office unit located?
The property is located at 730 S Las Vegas Blvd Las Vegas, NV.
What is the asking price?
The asking price for this property is $2,743,755.
What are key features of this property?
This property features: Office condos for sale in Downtown Las Vegas.; Located in the heart of downtown at the corner of Gass Avenue and Las Vegas Boulevard.; Accessibility to federal & municipal courthouses, the Medical District, Symphony Park, the Arts District, and Fremont Street.
