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Property profile & analytics

4375 Buffalo Dr Las Vegas, NV 89147-6230

  • Strip malls
  • 1,000 SF
  • 0.03 lot acres
OFF-MARKET
Last Sale
Aug 31, 2020
$202,000
Value Estimations
$235,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US62-0503779
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • TROPHY FINANCIAL LLC / Mortgage Broker
  • Curves / Fitness Center / Gym
  • Evocative Med Spa / Skin Care Clinic / Hair Care
  • Las Vegas Skin Care - Suralle / Skin Care Clinic
  • Van Bakery / Bakery

Property Details for 4375 Buffalo Dr

Year built
1999
Construction
FRAME
Lot size
0.03 lot acres
Property size
1,000 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
163-21-619-012
APU
16321619012

Description

This exceptional investment opportunity presents a 4,605 square foot, single-story, Class B office building situated on 4375 S. Buffalo Drive, Las Vegas, NV 89147. The property, built in 1999, features one building with four units and boasts 100% occupancy with three tenants. The building includes ample parking with 80 spaces. The property is currently configured as a mix of executive, medical, and traditional office spaces. A significant portion (approximately 2,240 square feet) is occupied by a fully built-out medical practice with eight exam rooms, a reception area, nurses' station, three bathrooms, two waiting areas, a kitchen, and a private office with an en-suite shower. Two additional suites, approximately 1,115 and 1,250 square feet respectively, are leased to separate businesses. One suite features an open floor plan and private bathroom, while the other is a beautifully built-out tattoo parlor. The asking price is $1,550,000, translating to $336.59 per square foot. The lease type is gross, and the property is available for owner/user or investor purchase. The current owners are open to negotiating a leaseback for an investor or vacating the premises for an owner-operator. The medical practice itself is also available for purchase separately. The property's APN is 163-21-619-010. This is a turnkey investment with strong potential for future growth and return.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $230,000
    ML approach
    $140,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $405,000
    6.5%
    $370,000
    7%
    $345,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $223,000
    Market price range: $223k - $790k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Las Vegas
County
Clark
State
Nevada
Longitude
-115.262
Latitude
36.1096
CBSA code
29820
CBSA name
LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,011
$5,947
$33,442
$39,389
-
$16,991
$95,549
$112,540
More about this property
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