1912 Civic Ctr Dr North Las Vegas, NV 89030-7164
Property profile & analytics
1912 Civic Ctr Dr North Las Vegas, NV 89030-7164
- Medical Office Space
- 13,674 SF
- 0.96 lot acres
Property ID
US62-0183468
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Clinica De Sangre / Hospital
- Talecris Plasma Resources / Medical Clinic
- Grifols plasma center / Charitable Organization / Social Service Agency
Property Details for 1912 Civic Ctr Dr
- Year built
- 1961
- Construction
- FRAME
- Lot size
- 0.96 lot acres
- Property size
- 13,674 SF
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 139-24-310-004
- APU
- 13924310004
Description
This exceptional investment opportunity presents a 16,826-square-foot medical office building in North Las Vegas, Nevada, currently 100% occupied by Talecris Plasma Resources under a net lease. The property boasts a 7.5% cap rate and a substantial remaining lease term of 7.5 years, extending to May 31, 2032. The lease includes 2% annual rent bumps and one 5-year renewal option. The building, renovated in 2017, sits on a 0.96-acre lot and enjoys a prime location at 1912 Civic Center Dr, near the intersection of Civic Center Drive and Lake Mead Boulevard, with a combined daily traffic count of 72,500 vehicles. Its proximity to Interstate 15 (206,000 VPD), North Vista Hospital, College Park Shopping Mall, and Civic Center Plaza further enhances its desirability. The property benefits from a strong tenant, Talecris Plasma Resources, a subsidiary of Grifols, a global healthcare leader. The asking price is $4,446,792, with a net operating income (NOI) of $333,509. The location within the Las Vegas MSA, a high-population area with an average household income of $71,773 within a five-mile radius, contributes to the property's strong investment potential. The tenant's significant operating history since March 1, 2007, and multiple lease extensions underscore their commitment to the site. Nevada's income tax-free status adds further appeal. This is a rare opportunity to acquire a stable, high-performing asset in a thriving market.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,505,000
- ML approach
- $4,860,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,955,000
- 6.5%
- $2,725,000
- 7%
- $2,530,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,999,000
Market price range: $2.51M - $5.87M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $3,950,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $6,140,000 Change: +55% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $5,595,000 Change: +42% Conversion: Difficult
- OFFICE BUILDING
- $4,425,000 Change: +12% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- North Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.116
- Latitude
- 36.1948
- CBSA code
- 29820
- CBSA name
- LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$22,983
$128,068
$561,791
$689,859
-
$365,909
$1,605,117
$1,971,026
