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Property profile & analytics
OFF-MARKET Estimated value $185,180,000
Investment properties

3601 Sahara Ave 112 Las Vegas, NV 89102-5822

134,042 SF 28.43 ac lot Built 2009
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US62-0493997
Property summary
AI-generated overview

Sunlite Plaza, a two-story, 40,837 square foot Class B office building located at 3601 W Sahara Ave, Las Vegas, NV 89102, offers a diverse range of office spaces ideal for various business needs. This 1.67-acre property, built in 1978 and extensively renovated in 2021, features 22 suites ranging from 938 to 4,800 contiguous square feet, with a total of 22,000 square feet currently vacant. The building boasts high visibility on Sahara Avenue, including a new pylon sign with a large LED display and prominent signage opportunities for larger tenants. Amenities include 90 parking spaces, a shared conference room, newly upgraded restrooms on both floors, handicap access with an interior elevator, and a tenant directory in the lobby. Many suites offer in-suite restrooms and kitchen sinks. All suites are delivered in move-in condition with new carpet, paint, and LED lighting. The building features a 9-foot ceiling height and 220V power. The property is zoned C-1 and its Clark County APN is 162-08-101-003. The building's unique design incorporates an enclosed shared atrium, and a new restaurant is under development with a multi-level patio. This prime location in the Las Vegas submarket, just west of I-15, provides excellent access and high traffic visibility.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2009
Construction FRAME
Total area 134,042 SF
Lot 28.43 ac (1,238,411 SF)
APN 138-32-615-001
UPID US62-0493997
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Gallery of History, Inc Art Gallery
  • Tax Account Pros Tax Preparation
  • Farmers Insurance - Evan Lee Insurance Agency
  • The LVSH Skin Care Clinic
  • OnPoint COVID Testing Medical Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$190.12M
Blend (final) Blend
$185.18M
Owner & transaction history
Las Vegas Land Owner LLC · 4 yrs held
Las Vegas Land Owner LLC
since 2022
Last sale
$185.2M
4 recorded transactions
2022
$27.0M
2022
$185.2M
2022
$26.4M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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