7884 Sahara Ave Las Vegas, NV 89117-1944
- Office buildings
- 4,800 SF
- 0.14 lot acres
Current Use by Public Records
- William G. Pappas, DDS / Dental Office
Property Details for 7884 Sahara Ave
- Year built
- 2003
- Construction
- FRAME
- Lot size
- 0.14 lot acres
- Property size
- 4,800 SF
- Property type
- Office buildings
- APN
- 163-04-814-003
- APU
- 16304814003
Description
This exceptional 4,800 square foot Class B medical office building in Las Vegas, Nevada, is offered at $2,300,000. Built in 2003 and renovated in 2010, this single-story building sits on a 0.14-acre lot and features seven private exam rooms, a lab, sterilization room, three restrooms, a doctor's office with private restroom, a conference room, and ample storage. The property boasts excellent street visibility from West Sahara Avenue, near Buffalo Road, and benefits from a prime location at the main entrance to Coronado Bay Business Park. Ten reserved covered parking spaces are included, along with overflow open parking. The building is currently occupied by a successful dentist who has practiced there for over 11 years and is included in the sale. An additional separately metered suite is occupied by a law firm, providing potential for supplemental income. The property is zoned for office use and is a Triple Net (NNN) lease. The asking price is for the building and land only
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,315,000
- 6.5%
- $1,210,000
- 7%
- $1,125,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $658,000
Market price range: $240k - $1.05M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,380,000 Current use
- MEDICAL BUILDING
- $1,320,000 Change: -4% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.263
- Latitude
- 36.1442
- CBSA code
- 29820
- CBSA name
- LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
