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Property profile & analytics
OFF-MARKET
Office Spaces

821 Nellis Blvd Las Vegas, NV 89110

10,541 SF 1.05 ac lot Built 2001
Property ID
Property summary
AI-generated overview

This exceptional 10,541 square foot, single-story medical office building in Las Vegas, Nevada, presents a unique owner-user opportunity. Built in 2001, the property boasts approximately 6,943 square feet of available space, ideal for expansion or immediate occupancy. Situated on a 1.05-acre lot with prominent monument signage and direct frontage on Nellis Boulevard, this building enjoys high visibility, exceeding 38,000 vehicles per day. The property's strategic location within a densely populated retail corridor ensures convenient access for patients and employees, complemented by numerous nearby amenities. The building features a 6.45:1000 parking ratio, ensuring ample parking for staff and patients. Currently operating at 34% occupancy, this presents a strong potential for increased revenue. The property is zoned C-1 and is offered at $2,500,000, with a price per square foot of $237.17. This is a NNN lease type, multi-tenancy property. The APN is 140-29-716-007. This is a for-sale-by-owner opportunity.

Property profile
Verified
Property type Office Spaces
Year built 2001
Total area 10,541 SF
Lot 1.05 ac (45,738 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
  • Rainbow Medical Center East Medical Clinic
  • Select physical therapy Physician
  • W. Jud Fisher, DO Pediatrician Physician
  • Jeffery Jessie R Physician
  • Dr. Rafael Cruz, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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