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    7710 Cheyenne Ave Las Vegas, NV 89129

    Sponsored
    For Sale
    $8,461,000

    Vacant Office Building, Las Vegas, NV

    Property size:
    33,980 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents a vacant, 33,980-square-foot Class B office building in Las Vegas, Nevada's Cheyenne Corporate Center. Located at 7710 W Cheyenne Ave, this single-story building, built in 2000, sits on a 2.31-acre lot and offers ample parking (4.85 spaces per 1,000 sq ft). Previously configured as a data center, it boasts $3 million in improvements, including CAT-6 cabling, fiber optics, and room for expansion. Three nearby generators provide backup power, and up to eleven telecommunication carriers are available. The property is zoned C-1 and is currently vacant, with an occupancy date of June 27, 2024. The asking price is $8,461,000 ($249/sq ft), representing a significant value below replacement cost. The building benefits from its location within a well-established mixed-use campus, including medical and retail tenants, and enjoys convenient access to major transportation arteries, US-95 and I-215. The property's proximity to major medical facilities, such as Mountainview Hospital and the Optum campus, further enhances its appeal. This turnkey data center presents an ideal owner-user opportunity with significant upside potential. The property's APN is 138-09-821-010.

    Property Features for 7710 Cheyenne Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    33,980 SF
    Class
    B
    Lot Size
    100,624 SF

    Building Details

    Year Built
    2000
    Buildings
    1
    Stories
    1

    HighLights

    • 100% vacant, data center‑ready building, priced below replacement cost.
    • On‑site generators and proximity to additional backup power sources.
    • Turnkey data center with $3M in improvements, CAT‑6 cabling, fiber optics, expansion capacity, and access to up to eleven telecom carriers.
    • Located near Mountainview Hospital (425+ beds) and a large Optum campus.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agent Reputation Real Estate Agent

    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
    -115.26311730123
    Latitude
    36.219505295132

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    FAQs

    What type of property is this?
    Office Property / Space - Vacant Office Building, Las Vegas, NV
    Where is this office property / space located?
    The property is located at 7710 Cheyenne Ave Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $8,461,000.
    What are key features of this property?
    This property features: 100% vacant, data center-ready building, priced below replacement cost.; On-site generators and proximity to additional backup power sources.; Turnkey data center with $3M in improvements, CAT-6 cabling, fiber optics, expansion capacity, and access to up to eleven telecom carriers.
    Request Owner's contact information
    7710 Cheyenne Ave Las Vegas, NV 89129
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    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
    7710 Cheyenne Ave Las Vegas, NV 89129
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