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    2700 E Sunset Rd Las Vegas, NV 89120
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    Property profile & analytics

    2700 E Sunset Rd Las Vegas, NV 89120

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    • Office buildings
    • 33,792 SF
    • 5.09 lot acres
    For Lease
    $1,260 /Mo
    View Listing →
    Office Space Near Airport For Lease
    $1,260 /Mo
    2,101 SF

    Office Space Near Airport

    Office space in a well-planned business park near airport.

    2700 E Sunset Rd, Las Vegas, NV
    View Listing
    Property ID
    US62-0407068
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sweet Skin and Self Care with Sum / Spa & Massage Center / Skin Care Clinic
    • Aguirre Soraya / Law Firm
    • Thefrontlinemlo / Loan Service / Bank
    • Real Injury Attorney - Daniel Ryan / Law Firm
    • Dr. Fred G. Toffel, MD / Physician

    Property Details for 2700 E Sunset Rd

    Year built
    1985
    Construction
    FRAME
    Lot size
    5.09 lot acres
    Property size
    33,792 SF
    Property type
    Office buildings
    APN
    162-36-410-002
    APU
    16236410002

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $9,245,000
      6.5%
      $8,535,000
      7%
      $7,925,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $7,544,000
      Market price range: $6.43M - $11.1M
      AI Estimate
      $5,329,000
      Market price range: $2.77M - $9.11M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $8,500,000
      Current use
      MEDICAL BUILDING
      $9,300,000
      Change: +9% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.112
    Latitude
    36.0723
    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
    $38,348
    $931,224
    $652,794
    $1,584,018
    -
    $2,660,640
    $1,865,126
    $4,525,766

    Comparable in this City

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    • Value Estimation by Request
      1,925 SF

      3624 Russell Rd

      OFFICE BUILDING • 1,925 SF
      3624 Russell Rd, Las Vegas, NV 89120-2203
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    • Value Estimation by Request
      1,178 SF

      3674 Sunset Rd

      OFFICE BUILDING • 1,178 SF
      3674 Sunset Rd, Las Vegas, NV 89120-7234
      View Details
    • Value Estimation by Request
      1,178 SF

      3674 Sunset Rd

      OFFICE BUILDING • 1,178 SF
      3674 Sunset Rd, Las Vegas, NV 89120-7234
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    • Value Estimation by Request
      1,178 SF

      3632 Sunset Rd

      OFFICE BUILDING • 1,178 SF
      3632 Sunset Rd, Las Vegas, NV 89120-7239
      View Details
    • Value Estimation by Request
      1,178 SF

      3620 Sunset Rd

      OFFICE BUILDING • 1,178 SF
      3620 Sunset Rd, Las Vegas, NV 89120-7233
      View Details

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      Office Complex Near Harry Reid

      Office complex near the airport and luxury housing estates.
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      Two-Story Office Building For Sale

      Two-story office building in Airport Submarket, ideal for owner/user.
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      10,530 SF

      Leased Office Investment Opportunity

      100% leased office building with long-term tenants.
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      11,310 SF

      Modern Office Building Near Airport

      Two-story office building with rentable space near Harry Reid Airport.
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      Office Space with Storage

      Office space featuring six offices and storage on 0.46 acres.
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    Similar Nearby for Lease

    • Contact for pricing

      Professional Office Building For Rent

      Office building in high-traffic business park available for rent.
      2560 Sunset Rd, Las Vegas, NV 89120
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      Garden Style Office Building

      Office building with easy access to freeways and amenities.
      2700 Chandler Ave, Las Vegas, NV 89120
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      Modern Office Space in Las Vegas

      Premier Las Vegas office space with modern amenities and prime location.
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      Professional Office Space Available

      High-end office space suitable for various professional services.
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      Las Vegas Industrial Park Center

      Master-planned industrial park with flex, office, showroom, and warehouse space.
      3272 Pine St, Las Vegas, NV 89120
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      840 SF

      Functional Office Space Available

      Office space with reception, conference room, and easy access.
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      View Details
    View Listing
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    2700 E Sunset Rd
    Las Vegas, NV 89120
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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