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Property profile & analytics

626 S 3Rd St Las Vegas, NV 89101

  • Office buildings
  • 7,752 SF
  • 0.32 lot acres
For Lease
Last Sale
Dec 19, 2022
$2,200,000
Value Estimations
$2,225,000
Cap Rate Potential
5.1%
Office buildings
Location Intelligence
Property ID
US62-0288753
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.

Current Use by Public Records

  • GTFO Bail Bonds / Bail Bonds Service / Criminal Justice Attorney
  • Stephen Stubbs Attorney / Attorney
  • Spilotro & Kulla / Attorney
  • Marzullo Steven / Attorney
  • Faciliteq Las Vegas / Office Furniture Store / Interior Designer

Property Details for 626 S 3Rd St

Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.32 lot acres
Property size
7,752 SF
Property type
Office buildings
APN
139-34-311-067
APU
13934311067

Description

This exceptional Class A office building, located at 626 S 3rd St, Las Vegas, NV 89101, offers 2,220 square feet of immediately available space within a larger 7,752 square foot building. Built in 1983 and completely renovated in 2024, the property boasts modern sophistication and high-end finishes throughout. The single-story building sits on a 0.32-acre lot and features 18 total parking spaces in a gated, secure rear lot with covered parking and bike racks. Amenities include outdoor seating, well-equipped break rooms, and high-speed Cox fiber internet. Security features are state-of-the-art, including solid brick construction, an alarm system with security cameras, and a remote-controlled gated parking lot. The building is zoned C2 and enjoys a prime location in the Civic & Business Center, steps from government buildings and professional services. Skylights brighten the lobby and tenant spaces, creating a welcoming atmosphere. Building signage potential is available. The property is ideal for law firms, government offices, and other professional tenants seeking a modern, secure, and conveniently located workspace. This is a multi-tenant building with various office subtypes available, including traditional office, coworking, and creative office spaces. The maximum contiguous space available is 2,220 square feet.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $2,490,000
    ML approach
    $2,420,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $2,120,000
    6.5%
    $1,960,000
    7%
    $1,820,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $2,088,000
    Market price range: $1.85M - $4.11M
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $2,590,000
    Current use
    NEIGHBORHOOD: SHOPPING CENTER
    $3,365,000
    Change: +30% Conversion: Difficult
    INDUSTRIAL (GENERAL)
    $2,295,000
    Change: -11% Conversion: Difficult

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


Location Insight

  • Map
  • Local Demand
City
Las Vegas
County
Clark
State
Nevada
Longitude
-115.148
Latitude
36.1637
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
$12,227
$180,510
$209,139
$389,649
-
$515,743
$597,540
$1,113,283
More about this property
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