Property profile

3585 E Flamingo Rd Las Vegas, NV 89121

FOR LEASE
Office buildings
Property ID
US62-0318672
23,498 SF 1.1 ac lot Built 2000
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,064 square foot executive office suite is located within a larger, two-story Class B building at 3585 E Flamingo Rd, Las Vegas, NV 89121. The building, constructed in 2000, boasts a total of 24,140 square feet situated on a 1.1-acre lot. The property features ample parking with 72 spaces available and convenient elevator access. Ceiling heights are a generous 11 feet, providing a spacious and comfortable work environment. The building is zoned CG Commercial General, offering flexibility for various business uses. This location offers excellent visibility and accessibility, situated on the bustling Flamingo Corridor, a major thoroughfare in Las Vegas. The property's address is 3585 E Flamingo Rd, with a cross street of Pearl. The Assessor's Parcel Number (APN) is 16119102003. This is a multi-tenant building, offering a vibrant and collaborative atmosphere. The property's strategic location and substantial square footage make it an ideal choice for businesses seeking a prominent presence in the heart of Las Vegas. This is a rare opportunity to secure office space in a well-maintained building with convenient amenities and excellent visibility.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2000
Construction CONCRETE
Total area 23,498 SF
Lot 1.1 ac (47,916 SF)
APN 161-19-102-003
UPID US62-0318672

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency
  • Financial Advisor
  • Real Estate Agency

Location

3585 E Flamingo Rd Las Vegas, NV 89121
Las Vegas metro Census 1717 LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.95M
CAP Approach CAP
$5.40M
Comparable Approach Comparable
$4.61M
Blend (final) Blend
$4.96M

Owner & transaction history

since 2022
Last sale
$4.4M
6 recorded transactions
2022
$4.4M
2002
Price N/A
1999
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Industrial (general) $7.0M +62.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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