901 Rancho Dr Las Vegas, NV 89106-1042
This exceptional retail property, located at 901 S Rancho Drive in Las Vegas, Nevada (zip code 89106), offers 22,729 square feet of versatile space. Currently featuring multiple tenancies, the center boasts 11 suites, with 8,011 square feet currently vacant, offering a minimum divisible space of 800 square feet. The property's prime location at the intersection of Charleston and Rancho Drives ensures high visibility and accessibility. Its T-5 zoning allows for a variety of uses, including retail, office, and medical. The center benefits from strong anchor tenants, including Bank of America and Walgreens Specialty Pharmacy, attracting a significant daytime business population. Situated near a historic residential district and a thriving medical district, with proximity to UMC and Valley Hospitals, this location offers unparalleled convenience and access to a diverse customer base. The property's Asset Parcel Number (APN) is 13932804001. This is an excellent opportunity for businesses seeking a well-established and highly visible location in a rapidly growing area of Las Vegas. The property's strategic positioning and strong tenant mix make it an ideal investment for long-term growth and profitability. Don't miss this chance to secure your space in this vibrant and dynamic retail center.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.