Property summary
This exceptional 3,375-square-foot medical office building in Las Vegas, Nevada, is offered for sale at $900,000. Located at 3115 S Eastern Ave, this Class C property sits on a 0.22-acre lot and boasts a prime location in the Paradise Palms submarket, near Sunrise Hospital and Medical Center, offering easy access to a large residential population. The building, constructed in 1963 and renovated in 2024, features six exam rooms, administrative offices, a lab, and a breakroom. Currently 100% occupied by a family practice physician group under a modified lease, the tenant is expected to vacate in April 2026, presenting a leasing or owner-user opportunity. Recent improvements include new breakroom flooring, asphalt sealing, and restriping. The property is zoned Commercial Professional (CP) and offers a turnkey solution for medical professionals seeking to establish or expand their practice. The building's central location, near shopping and other medical facilities, adds to its appeal. This investment presents a unique opportunity to acquire an updated, well-located medical office building in a thriving Las Vegas neighborhood. The property's APN is 162-11-811-074. The price per square foot is $266.67.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Physician
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Physician
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Employment Agency
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Physician
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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