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Property profile & analytics
OFF-MARKET Estimated value $5,775,000
Strip malls

911 Buffalo Dr Las Vegas, NV 89128-0379

27,462 SF 2.1 ac lot Built 1996
Entity Owned 8-yr Hold Free & Clear
Property ID
US62-0326711
Property summary
AI-generated overview

This exceptional two-story, 28,026 square foot commercial building, constructed in 1996 and renovated in 2018, presents a unique investment opportunity in Las Vegas, Nevada. Located at 911 N Buffalo Dr, 89128, in Clark County's C-1 (Limited Commercial District) zoning, the property offers flexible space ideal for various commercial uses. Currently, there is 13,684 square feet of vacant space available, with a minimum divisible unit of 1,462 square feet and a maximum contiguous space of 6,111 square feet. The building's multiple tenancy structure allows for diverse occupancy. The property boasts ample parking, with a 5 spaces per 1,000 square feet ratio. Its strategic location just outside Summerlin makes it particularly attractive to businesses seeking to serve the Summerlin community, including medical practitioners. The property's zoning permits both professional office and retail uses, providing versatility for potential tenants. This is a rare opportunity to acquire a well-maintained, strategically located commercial property in a thriving Las Vegas market. The building's modern amenities and flexible space options make it an ideal choice for a variety of businesses.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1996
Construction FRAME
Total area 27,462 SF
Lot 2.1 ac (91,476 SF)
APN 138-28-620-004
UPID US62-0326711
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
  • CHANGING MINDS PSYCHIATRY Medical Clinic
  • Julio Calixto: Allstate Insurance Insurance Agency
  • Rodney Bumpers: Allstate Insurance Insurance Agency
  • Claudia Corral Real Estate Agency
  • Norse skin care Medical Clinic Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.78M
Owner & transaction history
Lion Buffalo LLC · 8 yrs held
Lion Buffalo LLC
since 2018
7 recorded transactions
2022
Price N/A
2018
$2.8M
2017
$2.7M
2003
$4.4M
1997
$1.4M
1996
Price N/A
1996
$650,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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