New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,220,000
Office buildings
8367 Flamingo Rd Las Vegas, NV 89147-4168
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US62-1304900
Property summary
AI-generated overview
This 828 square foot, newly remodeled traditional office space presents a unique owner-user and income investment opportunity. Located at 8367 West Flamingo Road #202, Las Vegas, NV 89147, this single-tenant building boasts a prime location near Flamingo Road and Cimarron Road in Clark County. Built in 2023, the two-story building (APN 163-21-120-010) offers excellent accessibility, less than 1.5 miles from the CC 215 Beltway, providing quick access to Summerlin and central Las Vegas. Enjoy convenient proximity to The Summit Club (5 minutes), The Ridges (5 minutes), and Red Rock CC (10 minutes). The property benefits from superior visibility, fronting West Flamingo Road, a major thoroughfare with over approximately 37,000 cars passing daily. The building features turn-key interior improvements, with planned updates to common areas. This is an exceptional opportunity for an owner-occupier seeking income generation or an investor looking for a strong return. The unit is also available for lease.
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1999
Construction
STEEL FRAME
Total area
15,244 SF
Lot
0.08 ac (3,690 SF)
APN
163-21-120-006
UPID
US62-1304900
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
-
Securities America Inc Financial Advisor
-
Jesse Keenan - Las Vegas Dream Team Real Estate Agency
-
Las Vegas Spine and Pain Center Physician
-
Vegas Cash Offers Real Estate Agency
-
Arlyn Valencia, MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.22M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.83M
Blend (final)
Blend
$2.22M
Owner & transaction history
8367 W Flamingo LLC · 1 yrs held
8367 W Flamingo LLC
since 2025
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Las Vegas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Las Vegas submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,220,000
ML approach
$2,220,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.22M
Range $2.00M – $2.44M · ±10% · vs last sale $2.22M (Mar 29 2024)
Last sale anchor
$2.22M
Mar 29 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$146 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Previous assessed
$646,605
Applied tax rate
417.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1999
Construction
STEEL FRAME
Heating
NONE
Stories
2
Total area
15,244 SF
Lot
0.08 ac (3,690 SF)
APN
163-21-120-006
UPID
US62-1304900
Jurisdiction
CLARK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1999
Construction
STEEL FRAME
Heating
NONE
Stories
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
8367 W Flamingo LLC
Entity
Mailing address
11078 SANCTUARY CV CT, LAS VEGAS, NV 89135-9127
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2025
$375,000
8367 W Flamingo LLC
Geoffrey Pelosi
Bargain & Sale Deed
—
Apr 14, 2025
—
Geoffrey Pelosi
Pelosi Moran
Deed
related
—
Mar 29, 2024
$2,221,800
Flagcircle LLC
24 8367 Flamingo LLC
Bargain And Sale Deed
$1,600,000 · Western Alliance Bank
Jan 4, 2024
—
Jbl 570 Holdings LLC
24 8367 Flamingo LLC
Re-recorded Document
related
—
Dec 18, 2023
$320,950
Geoffrey Pelosi
24 8367 Flamingo LLC
Bargain And Sale Deed
—
Nov 20, 2023
$603,750
Le Family Trvst LLC
24 8367 Flamingo LLC
Bargain And Sale Deed
$483,000 · Bank Of America NA
Nov 20, 2023
—
Ruben Alexander
Alisha Dawson
Intrafamily Transfer
related
—
Nov 13, 2023
—
24 8367 Flamingo LLC
24 83 67 Flamingo LLC
Re-recorded Document
related
—
May 12, 2023
—
United Lv Holdings LLC
24 8367 Flamingo LLC
Re-recorded Document
related
—
May 2, 2023
$698,250
United Lv Holdings LLC
24 8367 Flamingo LLC
Bargain And Sale Deed
$400,000 · First Citizens Bank & Trust Co
Apr 5, 2023
$1,250,000
Jbl 570 Holdings LLC
24 8367 Flamingo LLC
Bargain And Sale Deed
$999,700 · Wells Fargo Bank NA
Mar 13, 2023
—
24 8367 Flamingo LLC
24 8367 Flamingo LLC
Intrafamily Transfer
related
—
May 24, 2022
$2,975,000
24 8367 Flamingo LLC
8367 Flamingo LLC
Bargain And Sale Deed
—
Jul 19, 2005
$4,000,000
8367 Flamingo LLC
Congressional Properties LLC
Bargain And Sale Deed
$2,950,000 · Prudential Mortgage Capital Co LLC
—
—
8367 Flamingo LLC
—
Deed Of Trust
related
$2,500,000 · Kirkwood Bk/nv
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8367 Flamingo Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
