Technical
Financial
Distress signals
Property profile

8535 Blue Diamond Rd Las Vegas, NV 89178

OFF-MARKET
Day care centers
Property ID
US62-0819745
4,193 SF 0.43 ac lot Built 2020
Entity Owned 1-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • High School Daycare Center

Location

8535 Blue Diamond Rd Las Vegas, NV 89178-9205
Las Vegas metro Census 5830 LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.91M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.84M
Blend (final) Blend
$2.01M

Owner & transaction history

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

Top alternative use upside
Commercial (general) $2.7M +115.1%
Auto repair, garage $2.3M +88.9%
Neighborhood: shopping center $1.8M +47.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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