Property profile

2461 W Horizon Ridge Pkwy 120 Henderson, NV 89052

FOR LEASE
Office buildings
Property ID
US62-1287203
6,388 SF 0.39 ac lot Built 2005
Entity Owned 1-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity presents a portfolio of three executive office buildings strategically located in the Greater Las Vegas area. The portfolio comprises a total of 3,323 to 8,000 square feet of space, with a prominent anchor tenant, ClearVision Eye Center, occupying space in each building. The properties boast a diverse tenancy mix, including both single and multi-tenant configurations, situated in desirable suburban locations. Built between 1996 and 2009, these buildings are zoned C-2 Boulder City/C-P/Commercial, offering flexibility for future use. The portfolio currently enjoys a 100% occupancy rate, projecting a compelling 7.10% capitalization rate in the first year. Leases are structured as Triple Net and Modified Gross, ensuring a stable and predictable income stream for the new owner. The properties feature a combined total of 13 parking spaces and sit on lots ranging from 0.09 to 0.18 acres. The portfolio's Net Operating Income (NOI) is $282,055, making it an attractive investment with significant potential for long-term growth and high-yielding cash flow. The asking price for this exceptional portfolio is $3,975,000. Specific addresses include 2461 W Horizon Ridge Pkwy, Henderson, NV 89052; 4485 S Pecos Rd, Las Vegas, NV 89121; and 7335 S Pecos Rd, Las Vegas, NV 89120. The Assessor's Parcel Numbers (APNs) are 186-08-312-001; 178-30-317-003; 162-24-607-008; and 177-12-520-001.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2005
Construction FRAME
Total area 6,388 SF
Lot 0.39 ac (16,988 SF)
APN 178-30-317-003
UPID US62-1287203

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • DJ & Entertainment Business Service Center
  • Physician
  • Physician
  • Physician

Location

2461 W Horizon Ridge Pkwy, Unit 120 Henderson, NV 89052
Henderson metro Census 5351 LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.80M
CAP Approach CAP
$1.56M
Comparable Approach Comparable
$1.89M
Blend (final) Blend
$1.80M

Owner & transaction history

since 2024
Last sale
$1.8M
5 recorded transactions
2024
Price N/A
2024
$1.8M
2004
$750,000
2003
$620,000
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $2.9M +33.1%
Neighborhood: shopping center $2.5M +15.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message