Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3110-3120 Valley View Blvd Las Vegas, NV 89102
    Back to Search
    Property profile & analytics

    3110-3120 Valley View Blvd, Las Vegas, NV 89102

    View on Map
    • Office Spaces
    • 15,600 SF
    • 1.30 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 3110-3120 Valley View Blvd

    Year built
    1984
    Lot size
    1.30 lot acres
    Property size
    15,600 SF
    Property type
    Office Spaces
    Property subtype
    Office Units

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.19
    Latitude
    36.1338

    Comparable in this City

    • Value Estimation by Request
      13,427 SF

      2300 Sahara Ave

      Office Units • 13,427 SF
      2300 Sahara Ave, Las Vegas, NV 89102
      View Details
    • Value Estimation by Request
      25,445 SF

      2915 Charleston Blvd

      Medical Office Space • 25,445 SF
      2915 Charleston Blvd, Las Vegas, NV 89102
      View Details
    • Value Estimation by Request
      4,860 SF

      1807 Charleston Blvd

      Office Units • 4,860 SF
      1807 Charleston Blvd, Las Vegas, NV 89102
      View Details
    • Value Estimation by Request
      13,360 SF

      2325 Western Ave

      Life science properties • 13,360 SF
      2325 Western Ave, Las Vegas, NV 89102
      View Details
    • Value Estimation by Request
      4.22 Acres

      Sec Westwood Dr

      Land • 4.22 Acres
      0 Sec Westwood Dr, Las Vegas, NV 89102
      View Details
    • Value Estimation by Request

      200 Sahara Ave

      Office Units
      200 Sahara Ave, Las Vegas, NV 89102
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      25,460 SF

      Prime Las Vegas In-Fill Parcel

      4.07 acre mixed-use parcel in opportunity zone.
      3355 Procyon St, Las Vegas, NV 89102
      View Details
    • Contact for pricing
      33,000 SF

      Office Warehouse Portfolio For Sale

      Office and warehouse buildings with fenced yard space available for purchase.
      4200 W Spring Mountain Rd, Las Vegas, NV 89102
      View Details
    • $3,300,000

      Multi-Tenant Industrial Building Near Strip

      Multi-tenant industrial building in Chinatown district, near the Las Vegas Strip.
      3894 Spring Mountain Rd, Las Vegas, NV 89102
      View Details
    • Contact for pricing

      West Sahara Avenue Office Building

      Office building for sale on West Sahara Avenue.
      3300-3380 West Sahara Ave, Las Vegas, NV 89102
      View Details
    • Contact for pricing
      15,598 SF

      Two-Story Office Building in Las Vegas

      Multi-tenant office building near the Las Vegas Strip.
      2350 W Charleston Blvd, Las Vegas, NV 89102
      View Details
    • Contact for pricing
      228,590 SF

      Sahara Financial Center Buildings

      Five buildings totaling 228,590 SF on 9.42 acres.
      3300 W Sahara Ave, Las Vegas, NV 89102
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Professional Building Near Las Vegas Strip

      Centrally located, well-maintained professional building suitable for various businesses.
      2500 W Sahara Ave, Las Vegas, NV 89102
      View Details
    • Contact for pricing
      1,920 SF

      Office Space with Courtyard Views

      Office space featuring a reception area, kitchen, and courtyard views.
      2820 W Charleston Blvd, Las Vegas, NV 89102
      View Details
    • Contact for pricing
      6,568 SF

      Las Vegas Office Space Available

      Office space for rent in central Las Vegas location.
      1127 S Rancho Dr, Las Vegas, NV 89102
      View Details
    • Contact for pricing
      322 SF

      Office Space in Central Las Vegas

      Office space in central Las Vegas with garden courtyard.
      1137 S Rancho Dr, Las Vegas, NV 89102
      View Details
    • Contact for pricing

      Commerce Street Retail/Office Space

      First floor space available on Commerce Street in shell condition.
      1551 South Commerce St, Las Vegas, NV 89102
      View Details
    Request Owner's contact information
    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.
    3110-3120 Valley View Blvd
    Las Vegas, NV 89102
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3110-3120 Valley View Blvd, Las Vegas, NV, 89102
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!