8670 Cheyenne AveLas Vegas, NV 89129

Property Details for 8670 Cheyenne Ave

Year built

2007

Construction

FRAME

Lot size

4.58 AC

Property size (Sq ft)

41,012 SF

Property type

Office properties

Property subtype

Office buildings

APN

138-08-801-019

APU

13808801019

Description

This exceptional Las Vegas office complex, Cheyenne Fairways, offers 55,245 square feet of versatile space across three, two-story buildings. Situated on 4.58 acres of land at 8670 W Cheyenne Ave, Las Vegas, NV 89129, this Class B property boasts 216 parking spaces and elevators. Built in 2007, the complex features a mix of medical, creative, and traditional office spaces, currently with 5,500 square feet vacant. Each building provides well-designed suites, many with patios or balconies offering stunning golf course and mountain views. The convenient location, bordering Summerlin and near Durango Hills Golf Course, provides easy access to major freeways including I-95, CC-215, and Summerlin Parkway. The property is zoned C-1 (COMMERCIAL) and features a cross street of Cheyenne Ave. The APN is 138-08-801-019. This Northwest Las Vegas submarket location offers a prime opportunity for businesses seeking high-quality office space with exceptional views and convenient access to major transportation routes. The multiple tenancy structure provides flexibility for various business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $13,538,656

  6.5%

  $12,497,221

  7%

  $11,604,562

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,216,754

  Geo Method

  $8,216,754

• Alternative Use

  Use

  Valuation

  Residential

  $15,496,554

  Hospitality

  $14,194,760

  Educational

  $11,809,874

  Medical

  $12,216,033

  Retail

  $18,370,914

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.2191

Longitude

-115.285

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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