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Property profile & analytics
FOR SALE
Office buildings
2500 N Buffalo Dr 285 Las Vegas, NV 89128
Entity Owned
~
Est. High Equity
Property ID
US62-0187759
For Sale
1 / 6
$1,011,075
2500 N Buffalo Dr,Unit 285, Las Vegas, NV 89128
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Construction
CONCRETE
Total area
88,673 SF
Lot
6.2 ac (270,072 SF)
APN
138-15-410-023
UPID
US62-0187759
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.16M
Blend (final)
Blend
$14.14M
Owner & transaction history
Gps Lv Business Park LLC
Gps Lv Business Park LLC
since 2026
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Las Vegas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Las Vegas submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$14.14M
Range $12.73M – $15.55M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$159 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$137,126
Tax year 2023
Assessed value
$4,581,750
Assessed 2024
Previous assessed
$4,291,795
+6.8% YoY
Effective rate
2.99%
On assessed value
Assessed land
$1,559,666
Assessed improvement
$3,022,084
Land market value
$4,456,189
Improvement market value
$8,634,526
Total market value
$13,090,715
Applied tax rate
200.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
2002
Construction
CONCRETE
Heating
HEAT PUMP
Stories
2
Total area
88,673 SF
Lot
6.2 ac (270,072 SF)
APN
138-15-410-023
UPID
US62-0187759
Jurisdiction
CLARK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2002
Construction
CONCRETE
Heating
HEAT PUMP
Stories
2
Lot
6.2 ac
Current owner
From public records · entity-resolved
Gps Lv Business Park LLC
Entity
Mailing address
6140 BRENT THURMAN WAY #140, LAS VEGAS, NV 89148-5016
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2026
$16,000,000
Gps Lv Business Park LLC
W Buffalo LLC
Bargain & Sale Deed
$18,500,000 · Farmers And Merchants Bank
Jul 27, 2018
$20,995,000
W Buffalo LLC
Buffalo Acquisitions Ptrs LLC
Grant Deed
related
$12,700,000 · Northern Tr
Jul 20, 2016
—
Buffalo Acquisitions Partners
—
Deed
related
$10,975,000 · Bb&t R/e Fndg
Mar 30, 2016
$11,825,000
Buffalo Acquisitions Partners
Ntc I LP
Grant Deed
—
Jan 21, 2005
$514,844
Robert P Dickerson
Hills Center Busn Park II LLC
Grant Deed
$480,000 · Red Rock Community Bank
Dec 17, 2004
$3,200,000
Tee Pee Dev LLC
Tropical Desert LLC
Grant Deed
$1,600,000 · Red Rock Community Bank
—
—
Buffalo Acquisitions Partners
—
Deed Of Trust
related
$10,975,000 · Bb&t R/e Fndg
—
—
Ntc I LP
—
Deed Of Trust
related
$10,500 · Western-southern Life Assuranc
—
—
Joseph J Argier
—
Deed Of Trust
related
$427,049 · Nevada State Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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