Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    600-620 Sahara Ave Las Vegas, NV 89104

    Sponsored
    For Sale
    $6,900,000

    Prime Las Vegas Office & Land, 30,358 SF

    Property size:
    30,358 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 600-620 East Sahara Avenue in Las Vegas, Nevada, presents a compelling investment opportunity. The 30,358 square foot property is comprised of office space and land, offering significant potential for redevelopment. Currently operating under a triple net lease (NNN) arrangement with a multi-tenant occupancy of 75%, the property boasts a remaining lease term of two years. The asking price is $6,900,000. The property's address is 600-620 East Sahara Avenue, Las Vegas, NV 89104. Given the current lease structure and occupancy rate, this asset presents a unique chance to acquire a substantial commercial holding in a prime Las Vegas location. The property's size and location within Clark County offer considerable flexibility for future development plans. The current cap rate is listed as 0%, reflecting the potential for significant returns through redevelopment or lease restructuring. This is a rare opportunity to acquire a large commercial property in a dynamic and growing market. Serious inquiries are encouraged to explore the full potential of this valuable asset. The property is zoned for commercial use.

    Property Features for 600-620 Sahara Ave

    General Information

    Property type
    Land
    Square Feet
    30,358 SF

    HighLights

    • Redevelopment Opportunity
    • High‑Traffic Location with Strong Demographics
    • Excellent Visibility and Accessibility
    • Zoned for Mixed‑Use Development
    • Significant Upside Potential
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.14594582076
    Latitude
    36.143809490582

    Nearby Similar for Sale

    • $4,250,000
      4,820 SF

      Las Vegas Penthouse with Strip Views

      Furnished penthouse with 270-degree views of the Las Vegas Strip.
      4575 Dean Martin Dr, Las Vegas, NV 89103
      View Details
    • $7,250,000
      6,779 SF

      Luxury Penthouse with Panoramic Strip Views

      Exclusive two-story penthouse in Las Vegas' premier high-rise.
      1 Hughes Center Dr, Las Vegas, NV 89169
      View Details
    • $408,000
      1,333 SF

      Las Vegas High-Rise Residence

      Stunning residence with iconic Strip views in Downtown Las Vegas.
      150 Las Vegas Blvd, Las Vegas, NV 89101
      View Details
    • $565,000
      1,405 SF

      Las Vegas High-Rise Condominium Resort

      45-story high-rise condominium resort near the Las Vegas Strip.
      222 Karen Ave, Las Vegas, NV 89109
      View Details
    • $669,000
      2,050 SF

      Turnberry Place Corner Residence

      Spacious Las Vegas residence with mountain, city, and garden views.
      2877 Paradise Rd, Las Vegas, NV 89109
      View Details
    • $549,000
      1,556 SF

      Las Vegas High-Rise Corner Residence

      Charming corner residence with mountain, garden, and Strip views.
      2877 Paradise Rd, Las Vegas, NV 89109
      View Details
    • $408,000
      1,180 SF

      Las Vegas High-Rise Residence

      Stunning residence with Strip views in Downtown Las Vegas.
      150 Las Vegas Blvd, Las Vegas, NV 89101
      View Details
    • $900,000
      Pending

      Las Vegas High-Rise Residence

      Remodeled 2-bedroom high-rise with Strip views and luxury amenities.
      4525 Dean Martin Dr, Las Vegas, NV 89103
      View Details
    • $499,000
      1,296 SF

      Luxury Penthouse with Panoramic Views

      Remodeled penthouse with high-end upgrades and private terrace.
      205 E Harmon Ave, Las Vegas, NV 89169
      View Details
    • $1,999,987
      3,100 SF

      Luxury High-Rise Living in Las Vegas

      Elegant high-rise residence with panoramic views and resort-style amenities.
      9101 Alta Dr, Las Vegas, NV 89145
      View Details
    • $432,500
      1,114 SF

      Downtown Las Vegas High-Rise Residence

      Modern 2-bed, 2-bath condo with Strip views and resort amenities.
      353 E Bonneville Ave, Las Vegas, NV 89101
      View Details
    • $1,200,000
      2,805 SF

      Luxury High-Rise Living in Las Vegas

      Exclusive high-rise with Strip, mountain, and Sphere views.
      2747 Paradise Rd, Las Vegas, NV 89109
      View Details

    FAQs

    What type of property is this?
    Land - Prime Las Vegas Office & Land, 30,358 SF
    Where is this land located?
    The property is located at 600-620 Sahara Ave Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $6,900,000.
    What are key features of this property?
    This property features: Redevelopment Opportunity; High-Traffic Location with Strong Demographics; Excellent Visibility and Accessibility
    Request Owner's contact information
    600-620 Sahara Ave Las Vegas, NV 89104
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    600-620 Sahara Ave
    Las Vegas, NV 89104
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    600-620 Sahara Ave Las Vegas, NV 89104
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.