Technical
Financial
Distress signals
Property profile

823 Las Vegas Blvd Las Vegas, NV 89101

OFF-MARKET
Office Spaces
13,855 SF 0.31 ac lot Built 2007
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Property summary

AI-generated overview

This exceptional Class B office building, located at 823 S. Las Vegas Blvd in Las Vegas, Nevada, offers 13,855 square feet of executive office space. Constructed in 2007, this four-story building boasts a prominent location directly on Las Vegas Boulevard, providing excellent visibility and accessibility. The 0.31-acre lot houses a diverse tenant roster, including established businesses in legal, management, and other professional services. The building's strategic location offers convenient proximity to the Regional Justice Center and the U.S. Federal Courthouse. A significant revenue stream is generated by a roof-mounted cellular tower leased to AT&T. The property is priced at $7,516,768 ($541.32 per square foot) and offers a compelling investment opportunity in a thriving Las Vegas market. The building's size and tenant mix make it an attractive option for investors seeking a stable, high-performing asset. The property's prime location and established tenant base contribute to its strong potential for future growth and appreciation. This is a rare opportunity to acquire a well-maintained, high-profile office building in a dynamic and rapidly developing area of Las Vegas.

Property profile

Verified
Property type Office Spaces
Year built 2007
Total area 13,855 SF
Lot 0.31 ac (13,504 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • General Contractor
  • Charitable Organization Social Service Agency
  • Law Firm
  • Medical Clinic

Location

823 Las Vegas Blvd Las Vegas, NV 89101
Las Vegas metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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