Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    6940 Cimarron Rd Las Vegas, NV 89113-2135

    • Medical offices
    • 23,264 SF
    • 0.30 lot acres
    OFF-MARKET
    Value Estimation
    $2,060,000
    Last Sale
    Apr 21, 2023
    $2,109,360
    Location Intelligence
    Property ID
    US62-0330703
    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

    • IV Plus / Wellness Center / Wellness Program
    • Surgeons Surgery Center / Surgical Center
    • Dr. Jonathan Sorelle / Surgeon / Orthopedic Surgeon
    • Kazerouni Law Group, APC / Personal Injury Attorney / Attorney
    • Zion Healing Center | Mental Health Treatment / Mental Health Clinic

    Property Details for 6940 Cimarron Rd

    Year built
    2019
    Construction
    FRAME
    Lot size
    0.30 lot acres
    Property size
    23,264 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    176-04-711-045
    APU
    17604711045

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,995,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,325,000
      6.5%
      $2,065,000
      7%
      $2,040,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,020,000
      Geo Method
      $2,455,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,480,000
      Retail
      $1,895,000
      Mixed-Use
      $1,910,000
      Hospitality
      $2,150,000
      Educational
      $2,540,000
      Residential Income
      $2,105,000
      Energy
      $2,060,000
      Income-Based Land
      $1,910,000
      Food Service
      $2,415,000

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.269
    Latitude
    36.062
    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
    2022
    $43,505
    $353,822
    $1,208,626
    $1,562,448
    -
    $1,010,920
    $3,453,217
    $4,464,137

    Comparable in this City

    • Value Estimation by Request
      77,049 SF

      8285 Arby Ave

      MEDICAL BUILDING • 77,049 SF
      8285 Arby Ave, Las Vegas, NV 89113-2235
      View Details
    • Value Estimation by Request
      11,512 SF

      6920 Cimarron Rd, Unit 100

      MEDICAL BUILDING • 11,512 SF
      6920 Cimarron Rd, Las Vegas, NV 89113-2135
      View Details
    • Value Estimation by Request
      24,952 SF

      6970 Patrick Ln

      MEDICAL BUILDING • 24,952 SF
      6970 Patrick Ln, Las Vegas, NV 89113-0269
      View Details
    • Value Estimation by Request
      9,000 SF

      7020 Sunset Rd

      MEDICAL BUILDING • 9,000 SF
      7020 Sunset Rd, Las Vegas, NV 89113-1951
      View Details
    • Value Estimation by Request
      10,771 SF

      6980 Cimarron Rd, Unit 210

      MEDICAL BUILDING • 10,771 SF
      6980 Cimarron Rd, Las Vegas, NV 89113-2184
      View Details
    • Value Estimation by Request
      10,569 SF

      6970 Cimarron Rd

      MEDICAL BUILDING • 10,569 SF
      6970 Cimarron Rd, Las Vegas, NV 89113-2135
      View Details

    Similar Nearby for Sale

    • $6,900,000
      25,229 SF

      Southwest Las Vegas Office Building

      Two-story medical/professional office building in a desirable location.
      6970 W Patrick Ln, Las Vegas, NV 89113
      View Details
    • $4,000,000
      6,150 SF

      Las Vegas Flex Building For Sale

      Unique Office Warehouse, Fully Equipped
      7693 Post Rd, Las Vegas, NV 89113
      View Details
    • $338,888
      1,257 SF

      Single-Story Home with Attached Garage

      Two-bedroom, two-bath home in gated community, convenient location.
      5677 Whale Watch St, Las Vegas, NV 89113
      View Details
    • Contact for pricing
      39,833 SF

      Las Vegas Warehouse with Office

      39,833 SF warehouse with two-story office space.
      6430 Warbonnet Way, Las Vegas, NV 89113
      View Details
    • $355,000
      552 SF

      Veer Towers Studio Residence

      Luxury studio in Veer Towers with Strip views and amenities.
      3722 S Las Vegas Blvd, Las Vegas, NV 89113
      View Details
    • Contact for pricing
      22,805 SF

      Matter Business Park Warehouse Space

      22,805 SF warehouse space for sale in Las Vegas.
      7925 W Arby Ave, Las Vegas, NV 89113
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      73,178 SF

      Durango Medical Plaza: Las Vegas

      Class A Medical Office Suites Available
      8530 Sunset Rd, Las Vegas, NV 89113
      View Details
    • $23 SF/Yr
      73,292 SF

      Las Vegas Medical Office Space

      Class A medical suites, prime location.
      8285 Arby Ave, Las Vegas, NV 89113
      View Details
    • $36 SF/Yr
      23,589 SF

      Blue Diamond Retail Center

      Las Vegas Retail Space: 4 Units Available
      8408 Blue Diamond Rd, Las Vegas, NV 89113
      View Details
    • $54 SF/Yr
      2,368 SF

      Las Vegas Executive Office Sublease

      Upscale office suite in vibrant UnCommons
      8488 Rozita Lee Ave, Las Vegas, NV 89113
      View Details
    • $18,336 /Mo
      1,132 SF

      West Badura Ave Office Space

      Single-tenant office, 1132 sq ft
      7935-7975 Badura Ave Suite 1040, Las Vegas, NV 89113
      View Details
    • Contact for pricing
      2,772 SF

      Renovated Office Space Available

      Office space for rent with recent renovations and upgrades.
      8337 W Sunset Rd, Las Vegas, NV 89113
      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.
    6940 Cimarron Rd
    Las Vegas, NV 89113-2135
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.