Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3013 W Sahara Ave Las Vegas, NV 89104
    Back to Search
    Property profile & analytics

    3013 W Sahara Ave Las Vegas, NV 89104

    View on Map
    • Medical Office Space
    • 2,867 SF
    • 0.19 lot acres
    For Sale
    $1,600,000
    View Listing →
    Las Vegas Retail Investment Opportunity For Sale
    $1,600,000
    3,000 SF

    Las Vegas Retail Investment Opportunity

    Retail space with lease in place and future upside.

    3013 W Sahara Ave, Las Vegas, NV
    View Listing
    Property ID
    US62-1253774
    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
    2.6%
    Medical Office Space
    Location Intelligence

    Current Use by Public Records

    • Vape Pirates / (Bike/Boat/Book/etc) Store / Alternative Medicine Practice

    Property Details for 3013 W Sahara Ave

    Year built
    1962
    Construction
    FRAME
    Lot size
    0.19 lot acres
    Property size
    2,867 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    162-08-104-008
    APU
    16208104008

    Description

    This exceptional investment opportunity presents a 3,000 square foot freestanding retail storefront located at 3013 W Sahara Ave, Las Vegas, NV 89102. Built in 1962 and renovated in 2016, this single-story building sits on a 0.19-acre lot and offers six parking spaces. Currently leased to Vape Pirates under a Net-Leased (NNN) agreement, the property boasts a strong Net Operating Income (NOI) of $100,400, representing a 6.30% capitalization rate based on the asking price of $1,600,000. The lease, personally guaranteed by the tenant, has approximately 2.5 years remaining, with rent escalating to $100,440 on December 1, 2024, and further to $104,400 on December 1, 2025, before expiring November 30, 2026. A seller rent credit is offered, guaranteeing the rent shortfall until the December 1, 2024 escalation. The tenant also holds a five-year option without a defined base rent, providing future upside potential. The property benefits from its prime location on a busy thoroughfare with over 50,000 vehicles daily, approximately 1.5 miles from the Las Vegas Strip, and a 15-minute drive from Harry Reid International Airport. The permitted zoning is C-1, Las Vegas. An adjacent property at 3001 W Sahara Ave is also available for purchase. This offering presents a compelling investment opportunity in a high-traffic area with significant growth potential. The property's Asset Property Number (APN) is 162-08-104-008.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,460,000
      ML approach
      $1,410,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,815,000
      AUTO REPAIR, GARAGE
      $1,590,000
      NEIGHBORHOOD: SHOPPING CENTER
      $1,245,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.183
    Latitude
    36.144
    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
    $3,004
    $56,629
    $45,335
    $101,964
    -
    $161,797
    $129,529
    $291,326

    Comparable in this City

    • Value Estimation
      $5,220,000
      46,312 SF

      1707 Charleston Blvd

      MEDICAL BUILDING • 46,312 SF
      1707 Charleston Blvd, Las Vegas, NV 89102-2351
      View Details
    • Value Estimation
      $1,830,000
      11,524 SF

      2055 Charleston Blvd

      MEDICAL BUILDING • 11,524 SF
      2055 Charleston Blvd, Las Vegas, NV 89102-2257
      View Details
    • Value Estimation
      $840,000
      4,645 SF

      3150 Charleston Blvd

      MEDICAL BUILDING • 4,645 SF
      3150 Charleston Blvd, Las Vegas, NV 89102-1970
      View Details
    • Value Estimation
      $530,000
      2,968 SF

      3117 Charleston Blvd

      MEDICAL BUILDING • 2,968 SF
      3117 Charleston Blvd, Las Vegas, NV 89102-1931
      View Details
    • Value Estimation
      $3,850,000
      30,801 SF

      3100 Charleston Blvd Ste, Unit 100

      MEDICAL BUILDING • 30,801 SF
      3100 Charleston Blvd Ste, Las Vegas, NV 89102-1992
      View Details
    • Value Estimation
      $615,000
      2,776 SF

      2421 Charleston Blvd

      MEDICAL BUILDING • 2,776 SF
      2421 Charleston Blvd, Las Vegas, NV 89102-2123
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      121,903 SF

      Class B Office Property

      Stable cash flow investment with diverse tenant mix.
      2200 S Rancho Dr, Las Vegas, NV 89102
      View Details
    • Contact for pricing
      228,590 SF

      Sahara Financial Center Buildings

      Five buildings totaling 228,590 SF on 9.42 acres.
      3300 W Sahara Ave, Las Vegas, NV 89102
      View Details
    • Contact for pricing
      228,590 SF

      Sahara Financial Center Opportunity

      Value-add office building with significant upside potential in Las Vegas.
      3300-3380 W Sahara Ave, Las Vegas, NV 89102
      View Details
    • Contact for pricing
      33,000 SF

      Office Warehouse Portfolio For Sale

      Office and warehouse buildings with fenced yard space available for purchase.
      4200 W Spring Mountain Rd, Las Vegas, NV 89102
      View Details
    • Contact for pricing

      West Sahara Avenue Office Building

      Office building for sale on West Sahara Avenue.
      3300-3380 West Sahara Ave, Las Vegas, NV 89102
      View Details
    • $3,300,000

      Multi-Tenant Industrial Building Near Strip

      Multi-tenant industrial building in Chinatown district, near the Las Vegas Strip.
      3894 Spring Mountain Rd, Las Vegas, NV 89102
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,726 SF

      Medical Office Space Available

      Medical office space for rent near UMC and Valley View.
      2810 W Charleston Blvd, Las Vegas, NV 89102
      View Details
    • Contact for pricing

      Professional Building Near Las Vegas Strip

      Centrally located, well-maintained professional building suitable for various businesses.
      2500 W Sahara Ave, Las Vegas, NV 89102
      View Details
    • Contact for pricing

      Prime Las Vegas Plaza Suites

      Two-story office complex near the Las Vegas Strip.
      3601 W Sahara Ave, Las Vegas, NV 89102
      View Details
    • $2 SF/Yr
      6,000 SF

      Exceptional Medical Suite on Decatur

      Prominent end-cap medical suite with high visibility and traffic.
      3210 S Decatur Blvd, Las Vegas, NV 89102
      View Details
    • Contact for pricing

      Medical Office Space in District

      New medical office space for rent in Las Vegas.
      1807 W Charleston Blvd, Las Vegas, NV 89102
      View Details
    • $1.00 SF/Yr
      25,328 SF

      Modern Office Space in Las Vegas

      Under construction office space with easy access to major routes.
      3020 S Valley View Blvd, Las Vegas, NV 89102
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3013 W Sahara Ave
    Las Vegas, NV 89104
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3013 W Sahara Ave, Las Vegas, NV, 89104
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!