Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    I-215 Beltway & Aliante Pkwy North Las Vegas, NV 89084
    Back to Search
    Property profile & analytics

    I-215 Beltway & Aliante Pkwy, North Las Vegas, NV 89084

    View on Map
    • Retail properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for I-215 Beltway & Aliante Pkwy

    Year built
    2006
    Property type
    Retail properties & Spaces
    Property subtype
    Shopping centers

    Description

    This exceptional Class A retail space, located at the southwest corner of the I-215 Beltway and Aliante Parkway in North Las Vegas, Nevada, offers 3,920 square feet of vacant space, divisible to a minimum of 3,920 square feet. Built in 2006, this single-story building is part of the Aliante Plaza shopping center, a thriving commercial hub within the Aliante Master Planned Community. The property boasts excellent visibility and accessibility, ample parking, and a strong tenant mix including Smith's Food & Drug, Bank of Nevada, CitiBank, Silver State School Credit Union, and Chase Bank. Other established businesses in the center include The UPS Store, Great Clips, Leslie's Pool Supply, AAA Automobile Club, and a diverse range of restaurants such as Arby's, KFC, Starbucks, Domino's, Sierra Gold Tavern, Waffles Cafe, China A Go-Go, Subway, Rivas Mexican Grill, CJ's Italian Ice, Rocco's NY Pizza, Twisted Sugar, and Namba Sushi. This prime location provides convenient access to a large residential population and significant traffic flow along major thoroughfares. The property is situated in Clark County, within the N. Las Vegas submarket, and has a zip code of 89084. This is a fantastic opportunity for businesses seeking high visibility and a strong customer base in a rapidly growing area. The space is ideal for a variety of retail uses.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    North Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.178
    Latitude
    36.2853

    Comparable in this City

    • Value Estimation by Request
      1.04 Acres

      245 Centennial Pkwy

      Individual retail properties
      245 Centennial Pkwy, North Las Vegas, NV 89084
      View Details
    • Value Estimation by Request
      12,500 SF

      215 Sec

      Land
      215 Sec, North Las Vegas, NV 89084
      View Details
    • Value Estimation
      $24,940,000
      64,914 SF

      7020 5th St

      WHOLESALE OUTLET, DISCOUNT STORE
      7020 5th St, North Las Vegas, NV 89084-1333
      View Details
    • Value Estimation by Request
      7,200 SF

      5Th St

      Restaurants
      0 5Th St, North Las Vegas, NV 89084
      View Details
    • Value Estimation by Request
      3.50 Acres

      7325 Aliante Pkwy

      Retail properties & Spaces
      7325 Aliante Pkwy, North Las Vegas, NV 89084
      View Details
    • Value Estimation by Request
      9,900 SF

      5992 Losee Rd

      Automotive properties
      5992 Losee Rd, North Las Vegas, NV 89084
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Property For Sale

      Retail property available for purchase in North Las Vegas.
      Sec Grand Teton Dr & Decatur Blvd, North Las Vegas, NV 89084
      View Details
    • Contact for pricing
      1,833 SF

      New McDonald's Drive-Thru Investment

      New McDonald's NNN lease in growing Las Vegas community.
      7940 N Decatur Blvd, North Las Vegas, NV 89084
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,509 SF

      Shopping Center Retail Space Available

      148,770 SF shopping center shadow-anchored by Walmart.
      6592 N Decatur Blvd, North Las Vegas, NV 89084
      View Details
    • Contact for pricing

      Retail Space in Aliante Plaza

      Retail spaces available in a busy, anchored shopping center.
      I-215 Beltway & Aliante Pkwy N Las Vegas NV, North Las Vegas, NV 89084
      View Details
    • Contact for pricing

      Kohl’s-Anchored Shopping Center Space

      Pre-leasing anchor, junior anchor, and shop space in North Las Vegas.
      6650 N 5Th St, North Las Vegas, NV 89084
      View Details
    • $15 SF/Yr
      41,146 SF

      Deer Springs Town Center Retail

      Retail space available at Deer Springs Town Center.
      6980 North 5Th St, North Las Vegas, NV 89084
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space in North Las Vegas

      Retail space available in a neighborhood retail center.
      205 West Centennial Pkwy, North Las Vegas, NV 89084
      View Details
    • Contact for pricing

      Retail Property Near Tule Springs

      Retail property adjacent to The Village at Tule Springs.
      N 5Th St, North Las Vegas, NV 89084
      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.
    I-215 Beltway & Aliante Pkwy
    North Las Vegas, NV 89084
    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
    I-215 Beltway & Aliante Pkwy, North Las Vegas, NV, 89084
    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!