Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3450 Buffalo Dr Las Vegas, NV 89129-7424
    Back to Search
    Property profile & analytics

    3450 Buffalo Dr Las Vegas, NV 89129-7424

    View on Map
    • Assisted living facilities
    • 62,055 SF
    • 4.19 lot acres
    Off-Market
    Property ID
    US62-0158156
    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
    $1,250,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • SACHIT PRIYA DAS / Physician
    • Vrijendra Hoon / Physician
    • Leland D. Ratliff Jr, PTA / Medical Clinic
    • Silver Hills Health Care Center / Nursing Home

    Property Details for 3450 Buffalo Dr

    Year built
    1998
    Construction
    FRAME
    Lot size
    4.19 lot acres
    Property size
    62,055 SF
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    138-10-301-018
    APU
    13810301018

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $980,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,516,000
      Market price range: $698k - $3.96M

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.259
    Latitude
    36.2233
    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
    $108,079
    $958,209
    $2,802,543
    $3,760,752
    -
    $2,737,740
    $8,007,266
    $10,745,006

    Comparable in this City

    • Value Estimation by Request
      2,630 SF

      3400 Camsore Pt Ln

      HOMES (RETIRED, NURSING) • 2,630 SF
      3400 Camsore Pt Ln, Las Vegas, NV 89129-6997
      View Details
    • Value Estimation
      $5,555,000
      17,378 SF

      3371 Buffalo Dr

      HOMES (RETIRED, NURSING) • 17,378 SF
      3371 Buffalo Dr, Las Vegas, NV 89129-6283
      View Details
    • Value Estimation by Request
      21,284 SF

      3351 Buffalo Dr

      HOMES (RETIRED, NURSING) • 21,284 SF
      3351 Buffalo Dr, Las Vegas, NV 89129-6283
      View Details
    • Value Estimation
      $920,000
      66,387 SF

      3890 Buffalo Dr

      HOMES (RETIRED, NURSING) • 66,387 SF
      3890 Buffalo Dr, Las Vegas, NV 89129-8809
      View Details
    • Value Estimation
      $7,090,000
      12,355 SF

      3391 Buffalo Dr

      HOMES (RETIRED, NURSING) • 12,355 SF
      3391 Buffalo Dr, Las Vegas, NV 89129-6283
      View Details
    • Value Estimation by Request

      7324 Cheyenne Ave

      Medical Office Space
      7324 Cheyenne Ave, Las Vegas, NV 89129
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Medical Suite Ideal for Therapy

      Well-maintained medical suite built out for physical therapy use.
      8988 W Cheyenne Ave, Las Vegas, NV 89129
      View Details
    • Contact for pricing
      74,920 SF

      Vacant Office Building in Las Vegas

      Vacant office building in established Cheyenne Corporate Center.
      7690 W Cheyenne Ave, Las Vegas, NV 89129
      View Details
    • Contact for pricing
      36,200 SF

      Las Vegas Office Building For Sale

      36,200 SF office building on 2.81 acres.
      3280 N Cimarron Rd, Las Vegas, NV 89129
      View Details
    • Contact for pricing

      Las Vegas Land for Sale

      Land available in developing Shadow Mountain area of Las Vegas.
      3631 Cliff Shadows Pkwy, Las Vegas, NV 89129
      View Details
    • Contact for pricing

      End Cap Retail Opportunity

      High-traffic location near Summerlin/Sun City with excellent visibility.
      9196 W Cheyenne Ave, Las Vegas, NV 89129
      View Details
    • $900,000
      2.17 Acres

      Centennial Hills Horse Property

      2.19 acre horse-zoned property near Lone Mountain Equestrian Park.
      Las Vegas, NV 89129
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,400 SF

      Retail Space on Cheyenne Avenue

      Retail space with excellent visibility and ample parking.
      7450 W Cheyenne Ave, Las Vegas, NV 89129
      View Details
    • $2 SF/Yr
      1,286 SF

      Medical Office Space Available

      Medical office space for lease with on-site amenities.
      7730 W Cheyenne Ave, Las Vegas, NV 89129
      View Details
    • $1.75 SF/Yr

      Pointe North Office Campus

      Office campus near Northwest Medical District with flexible floor plans.
      7312-7324 W Cheyenne Ave, Las Vegas, NV 89129
      View Details
    • Contact for pricing

      Executive Office Space Available

      Executive office spaces available on the 2nd floor.
      9030 W Cheyenne Ave, Las Vegas, NV 89129
      View Details
    • Contact for pricing

      Premier Office Complex in Las Vegas

      Multi-tenant office buildings with modern design and ample parking.
      3301 West Cheyenne Ave & Buffalo Dr, Las Vegas, NV 89129
      View Details
    • $2 SF/Yr

      Medical Office Space, Las Vegas

      Medical office space in the Las Vegas Medical District.
      8630 W Cheyenne Ave, Las Vegas, NV 89129
      View Details
    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.
    3450 Buffalo Dr
    Las Vegas, NV 89129-7424
    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
    3450 Buffalo Dr, Las Vegas, NV, 89129
    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!