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    601 Rancho Dr Las Vegas, NV 89106

    Sponsored
    For Sale
    $1,086,150

    Prime Medical Office, Quail Park II

    Property size:
    3,342 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,342 square foot Class C medical office condo in Las Vegas, NV, is ideally situated within Quail Park II Business Park. The property, APN 139-32-711-011, 012, boasts a desirable location, less than half a mile from UMC, 1.8 miles from the Medical District, and just 1.5 miles from both Downtown Las Vegas and the Arts District. Recently renovated, this two-unit condo features modern upgrades including new floor tiles, countertops, upgraded bathroom fixtures, window treatments, and fresh paint throughout. The functional layout includes four executive offices, four junior offices, a spacious bullpen area perfect for collaborative work, a dedicated conference room, a well-equipped kitchen, and a welcoming reception area. The building was constructed in 1982 and is zoned T5-MS. The asking price for this turnkey medical office is $1,086,150. The property offers controlled access to the suite interior, ensuring security and privacy. This is a rare opportunity to acquire a well-maintained, conveniently located medical office condo in a thriving Las Vegas neighborhood. The property's proximity to major medical facilities and the city's vibrant cultural districts makes it an attractive investment.

    Property Features for 601 Rancho Dr

    General Information

    Property type
    Medical offices
    Square Feet
    3,342 SF
    Class
    C

    Building Details

    Year Built
    1982
    Units
    2

    HighLights

    • Highly desirable Quail Park II Business Park location, near Downtown Las Vegas.
    • Minutes from UMC, the Medical District, and Downtown Las Vegas' Arts District.
    • Recently renovated with new flooring, countertops, fixtures, blinds, and paint.
    • Functional floorplan featuring 4 executive suites, 4 junior offices, bullpen, conference room, kitchen, and reception.
    • Secure building with controlled access to the suite.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ruggeroli Edward P ... Dentist The Dental Center of Nevada Dentist Philip M Paleracio ... Dentist Quail Park Dental Dentist Midtown Psychiatry Psychiatrist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -115.1721414
    Latitude
    36.1634316

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office, Quail Park II
    Where is this medical office located?
    The property is located at 601 Rancho Dr Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $1,086,150.
    What are key features of this property?
    This property features: Highly desirable Quail Park II Business Park location, near Downtown Las Vegas.; Minutes from UMC, the Medical District, and Downtown Las Vegas' Arts District.; Recently renovated with new flooring, countertops, fixtures, blinds, and paint.
    Request Owner's contact information
    601 Rancho Dr Las Vegas, NV 89106
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    Las Vegas, NV 89106
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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
    601 Rancho Dr Las Vegas, NV 89106
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