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Property profile & analytics
OFF-MARKET
Office Spaces

8870 Maryland Pkwy Las Vegas, NV 89123

5,428 SF
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a freestanding Class C office building in the vibrant Scottsdale Plaza of Las Vegas, Nevada. Located at 8870 S Maryland Pkwy, zip code 89123, this 5,428 square foot building is currently 74.23% occupied, generating a strong net operating income (NOI) of $102,224. The asking price is $1,899,800, translating to $350 per square foot. The property features ten units across one building, with seven tenants currently leasing under a gross lease agreement. Built in 2005, this multi-tenant property benefits from a convenient location, just one mile from the freeway, and is situated within a thriving mixed-use environment. Amenities within walking distance include a Dunkin', Tesla Supercharging stations, restaurants, and a convenience store. The property boasts ample parking, both covered and uncovered, and is zoned Commercial General (CG), allowing for flexible office or retail uses. This presents a compelling opportunity for owner-users or investors seeking a well-located, income-producing asset in a dynamic Las Vegas market. The property's strong NOI and strategic location make it an attractive investment with significant potential for future growth.

Property profile
Verified
Property type Office Spaces
Total area 5,428 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Amanda M. Partin, LCSW PLLC Psychotherapist
  • Luther Capital Financial Advisor
  • Law Office of Clay R Treese Law Firm
  • ASAP Locksmith Locksmith
  • Heath Gaumer - COUNTRY Financial Agent Insurance Agency
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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