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Property profile & analytics
OFF-MARKET Estimated value $2,115,000
Day care centers

8535 Blue Diamond Rd Las Vegas, NV 89178-9205

4,193 SF 0.43 ac lot Built 2020
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US62-0819745
Property summary
AI-generated overview

This exceptional investment opportunity presents a single-tenant, net-leased preschool in Las Vegas, Nevada. The 4,162 square foot building, constructed in 2020, sits on a 0.43-acre lot and includes an additional 1,400 square feet of rentable outdoor playground space. Located at 8535 Blue Diamond Rd, 89178, this property enjoys a prime location within the rapidly growing Southwest Las Vegas area, ideally situated to serve the nearby Mountain's Edge, Rhodes Ranch, and Southwest Blue Diamond communities. The current tenant, Angel Face Preschool & Childcare, has occupied the building since April 1, 2020, under a 10-year NNN lease with 3% annual rent escalations. The lease has 5.4 years remaining, followed by two 5-year options. The property boasts a 100% occupancy rate and generates a strong net operating income (NOI) of $150,931, resulting in an attractive 5.75% cap rate. The building features a commercial kitchen equipped with a 600-gallon grease trap. The property is zoned Commercial General (CG) and is offered for sale as a leaseback with a personal guarantee. This is a rare opportunity to acquire a stable, high-performing investment with significant long-term potential. The tenant is expanding, with a second location planned for opening in 2025. The asking price is $2,625,000.

Property profile
Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 2020
Construction FRAME
Total area 4,193 SF
Lot 0.43 ac (18,731 SF)
APN 176-21-217-003
UPID US62-0819745
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
  • Angel Face Preschool and Childcare High School Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.91M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.84M
Blend (final) Blend
$2.12M
Owner & transaction history
Wonderland Real Estate LLC · 1 yrs held
Wonderland Real Estate LLC
since 2025
Last sale
$2.4M
6 recorded transactions
2025
Price N/A
2025
$2.4M
2021
$2.1M
2019
Price N/A
2019
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $2.7M +115.1%
Auto repair, garage $2.3M +88.9%
Neighborhood: shopping center $1.8M +47.6%
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