Financial
Distress signals
Property profile

8924 Spanish Rdg Ave Las Vegas, NV 89148

OFF-MARKET
Office buildings
Property ID
US62-1259117
13,280 SF 0.92 ac lot Built 2006
Last sale Apr 2025 · $5,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This is a single-tenant NNN commercial property located at 8924 Spanish Ridge Ave in Las Vegas, positioned between Russell Rd and Tropicana. The site is situated near Summerlin and has convenient access to the 215 Beltway; LAS Airport is approximately 11 miles away. The property is served by supplemental power infrastructure, including additional power capacity and an on-site generator. Historically, the property has been occupied by an original tenant under a lease structure with renewal options and scheduled annual rent increases.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value · 2024$901k
Assessed land$251k
Assessed improvement$651k
Effective rate2.06%

Value estimate

· Sep 2026
$5.29M
$4.76M – $5.81M
AI approach$5.24M
CAP approach$3.36M
Sales comparison$5.04M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$376/SF
ZIP average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$322 – $464
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCLARK

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand index
Building Supply19.6
Parking Facility16.6
Auto Parts Store15.6

Location

8924 Spanish Rdg Ave Las Vegas, NV 89148-1302
County assessor Recorded deeds · 4 transfers 8 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8860 Sunset, Las Vegas, NV 89148-4898 $5,900,000 Mar 2024 21,126 SF
9080 Post, Las Vegas, NV 89148-2463 $675,000 Nov 2022 7,004 SF
9330 Martin, Las Vegas, NV 89148-5382 $2,700,000 Nov 2022 8,764 SF
5510 Ft Apache, Las Vegas, NV 89148-7657 $2,725,000 Oct 2022 8,514 SF
9340 Martin, Las Vegas, NV 89148-6000 $2,950,000 Apr 2022 10,013 SF
8906 Spanish Rdg, Las Vegas, NV 89148-1304 $2,775,000 Mar 2022 7,686 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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