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    9970 Cheyenne Ave Las Vegas, NV 89129

    Sponsored
    For Sale
    $9,250,000

    Prime Medical Office, Las Vegas, NV

    Property size:
    22,221 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 22,221 square foot Class B medical office building in Las Vegas, Nevada, presents a unique investment opportunity. Located at 9970 W Cheyenne Ave, this single-story, 2005-built facility sits on a 2.38-acre lot (APN 138-07-411-014) and offers excellent visibility from Cheyenne Avenue and convenient access to I-215. Currently, a portion of the building (9,146 sq ft) is occupied by HERA Women's Healthcare. The remaining space, up to 13,107 square feet, is available and can be subdivided into minimum 3,000 square foot units. The property boasts ample parking and benefits from its proximity to Summerlin Medical Center and Mountain View Hospital, surrounded by dense residential communities. This NNN-leased, multi-tenant building is priced at $9,250,000 ($416.27/sq ft). A tenant improvement allowance may be available. This is an ideal location for a medical practice or custom office build.

    Property Features for 9970 Cheyenne Ave

    General Information

    Property type
    Medical offices
    Square Feet
    22,221 SF
    Class
    B
    Lot Size
    103,673 SF

    Building Details

    Year Built
    2005
    Buildings
    1
    Stories
    1

    HighLights

    • Strong residential demographics.
    • Proximity to Summerlin Medical Center and Mountain View Hospital.
    • High visibility from Cheyenne Avenue.
    • 9,146 square foot anchor tenant (HERA Women's Healthcare).
    • Tenant improvement allowance may be available.
    • Convenient access to I‑215 freeway.
    Property Profile Location Intelligence

    Current Use by Public Records

    The ObGyn Center Obstetrician-Gynecologist Rosie Piacentini Nurse Practitioner Saovaros Michaels, MD Obstetrician-Gynecologist Anita Gondy, MD Obstetrician-Gynecologist Go Wireless, Inc. Cell Phone Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.3127427
    Latitude
    36.218898

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office, Las Vegas, NV
    Where is this medical office located?
    The property is located at 9970 Cheyenne Ave Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $9,250,000.
    What are key features of this property?
    This property features: Strong residential demographics.; Proximity to Summerlin Medical Center and Mountain View Hospital.; High visibility from Cheyenne Avenue.
    Request Owner's contact information
    9970 Cheyenne Ave Las Vegas, NV 89129
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9970 Cheyenne Ave Las Vegas, NV 89129
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