2500 Sahara Ave Las Vegas, NV 89102
- Office buildings
- 22,626 SF
- 1.40 lot acres
Current Use by Public Records
- Arc Health & Wellness Center / Occupational Health Service
- Pull 4 Wisdom Teeth / Dentist
- Consultants Medical Group / Medical Group
- Desert PCA of Nevada / Home Health Care Service
- WellTrac / Wellness Center
Property Details for 2500 Sahara Ave
- Year built
- 1996
- Construction
- FRAME
- Lot size
- 1.40 lot acres
- Property size
- 22,626 SF
- Property type
- Office buildings
- APN
- 162-05-818-004
- APU
- 16205818004
Description
The Paseo Financial Center, a Class B, two-story office building totaling 22,460 square feet, presents a compelling investment opportunity in Las Vegas, Nevada. Built in 1996, this single building property sits on a 1.4-acre lot at 2500 W Sahara Ave, 89102, boasting a convenient location near the intersection of Sahara and Rancho, with easy access to I-15 and I-95. Currently, 5,783 square feet of space is available for lease, ideal for various professional uses including executive, medical, traditional, and creative office spaces. The building features one elevator and ample covered parking. Its strategic location across from the recently renovated Palace Station Casino and minutes from the Las Vegas Strip makes it highly visible and accessible. The property's multiple tenancy allows for flexibility, catering to businesses of varying sizes. This centrally located building offers a strong potential for return on investment, given its prime location and proximity to major transportation arteries and key attractions. The APN is 162-05-818-004. One available space is 5,584 square feet.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,170,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,855,000
- 6.5%
- $2,800,000
- 7%
- $2,540,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,635,000
- Geo Method
- $2,570,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,355,000
- Retail
- $2,385,000
- Mixed-Use
- $2,860,000
- Hospitality
- $2,630,000
- Educational
- $3,190,000
- Residential Income
- $3,130,000
- Energy
- $3,315,000
- Income-Based Land
- $2,795,000
- Food Service
- $2,875,000
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.176
- Latitude
- 36.1456
- CBSA code
- 29820
- CBSA name
- LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
