Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    9436-9484 Lake Mead Blvd Las Vegas, NV 89134

    • Retail properties
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 9436-9484 Lake Mead Blvd

    Property type
    Retail properties

    Description

    Tucson Plaza offers exceptional retail opportunities in the thriving Summerlin area. This multi-tenant retail and office park boasts a prime location with high visibility on Lake Mead Street. Two spaces are currently available, ranging in size from a generous 1,280 square feet to an expansive 6,402 square feet, providing flexibility for various retail concepts. The property benefits from strong co-tenancy with established and reputable businesses, including Walgreens, Taco Bell, Enterprise Rent-A-Car, and Wells Fargo Bank, ensuring high foot traffic and brand synergy. This strategic location within the Summerlin community offers excellent access to a dense residential population and a robust consumer base. The property's design incorporates both street-facing retail spaces on Lake Mead Street and office spaces situated towards the rear, providing a diverse and dynamic environment. Whether you're seeking a smaller space for a boutique store or a larger area for a flagship location, Tucson Plaza presents a compelling opportunity to establish or expand your retail presence in a highly desirable and well-established commercial area. The available spaces offer significant potential for growth and success within a thriving retail ecosystem. Contact us today to learn more about these exceptional retail spaces and schedule a viewing.

    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
    -115.303
    Latitude
    36.2074

    Comparable in this City

    • Value Estimation by Request
      32,414 SF

      9300-9350 Sun City Blvd

      Neighborhood centers • 32,414 SF
      9300-9350 Sun City Blvd, Las Vegas, NV 89134
      View Details
    • Value Estimation by Request
      3,375 SF

      8504 Del Webb Blvd

      Lifestyle centers • 3,375 SF
      8504 Del Webb Blvd, Las Vegas, NV 89134
      View Details
    • Value Estimation
      $1,090,000
      15,990 SF

      1990 Vlg Ctr Cir

      RETAIL STORES (PERSONAL SERVICES) • 15,990 SF
      1990 Vlg Ctr Cir, Las Vegas, NV 89134-6242
      View Details
    • Value Estimation
      $250,000
      6,049 SF

      9651 Trailwood Dr

      RESTAURANT • 6,049 SF
      9651 Trailwood Dr, Las Vegas, NV 89134-6249
      View Details
    • Value Estimation by Request
      16,189 SF

      10360 Sun City Blvd

      GYM, HEALTH SPA • 16,189 SF
      10360 Sun City Blvd, Las Vegas, NV 89134-7528
      View Details
    • Value Estimation
      $4,950,000
      32,000 SF

      9436 Lk Mead Blvd Ste, Unit 5

      RETAIL STORES (PERSONAL SERVICES) • 32,000 SF
      9436 Lk Mead Blvd Ste, Las Vegas, NV 89134-8340
      View Details

    Similar Nearby for Sale

    • $365,500

      Sun City Summerlin Home

      Two-bedroom home in active 55+ Sun City Summerlin community.
      1904 Bellview St, Las Vegas, NV 89134
      View Details
    • $425,000
      1,636 SF

      Sun City Summerlin Townhome

      Clean townhome in Sun City Summerlin with vaulted ceilings.
      2832 Dry Plains Dr, Las Vegas, NV 89134
      View Details
    • $379,500
      1,636 SF

      Sun City Summerlin Townhome

      Charming townhome in active adult golf course community.
      9409 January Dr, Las Vegas, NV 89134
      View Details

    Similar Nearby for Lease

    • $23 SF/Yr
      32,414 SF

      Sun City Retail Center Investment

      Prime Las Vegas retail space available.
      9300-9350 Sun City Blvd, Las Vegas, NV 89134
      View Details
    • $33 SF/Yr
      1,280 SF

      Office Space Available For Rent

      Office space available for lease in Las Vegas, Nevada.
      9484 W Lake Mead Blvd, Las Vegas, NV 89134
      View Details
    • $2 SF/Yr
      6,181 SF

      Class A Office Space

      Premier Summerlin office space with convenient access and planned upgrades.
      1645 Village Center Cir, Las Vegas, NV 89134
      View Details
    • $2,100 /Mo
      1,332 SF

      Sun City Townhome Ready to Move

      Clean Sun City townhome with new flooring and stainless appliances.
      2836 Billy Casper Dr, Las Vegas, NV 89134
      View Details
    • $2 SF/Yr
      2,628 SF

      Class A Office Space Available

      Class A office in Summerlin with convenient highway access.
      1635 Village Center Cir, Las Vegas, NV 89134
      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.
    9436-9484 Lake Mead Blvd
    Las Vegas, NV 89134
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.