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Property profile

2427 Las Vegas S Blvd Las Vegas, NV 89104

OFF-MARKET
Drug stores
Property ID
US62-0501264
12,689 SF 0.29 ac lot Built 2015
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a fee simple, single-tenant, net-leased Walgreens retail building that was fully occupied by Walgreen Co. (NYSE: WBA) and is structured with a long remaining period on its base lease term. The site is located on the Las Vegas Strip at a hard-corner intersection of Las Vegas Blvd and E. Sahara Blvd, facing nearby major hotel/casino properties including the Stratosphere Casino, Hotel & Tower (The STRAT), SLS Las Vegas, and Hilton Grand Vacations, and it has an estimated annual…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$26k
Tax billed · 2023
Assessed value · 2024$1.78M
Assessed land$333k
Assessed improvement$1.45M
Effective rate1.45%

Value estimate

· Oct 2026
$2.87M
$2.58M – $3.15M
Submarket $/SF estimate$2.23M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$247/SF
ZIP average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$169 – $347
Qualifying comparables11

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: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center8.8
Laundromat8.7
Optical Shop8.7

Location

2427 Las Vegas S Blvd Las Vegas, NV 89104-2530
County assessor Recorded deeds · not on file 11 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
896 Sahara, Las Vegas, NV 89104-3002 $672,254 Dec 2025 18,069 SF
4655 Charleston, Las Vegas, NV 89104-5746 $1,180,000 Dec 2025 7,808 SF
4480 Charleston, Las Vegas, NV 89104-5532 $5,600,000 May 2025 27,994 SF
3274 Palm, Las Vegas, NV 89104-4535 $800,000 Apr 2024 11,153 SF
1070 Sahara, Las Vegas, NV 89104-3220 $121,335 Mar 2024 15,442 SF
4489 Sahara, Las Vegas, NV 89104-6333 $3,500,000 Mar 2024 14,980 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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