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    Property profile & analytics

    9701 Eastern Ave Las Vegas, NV 89183-6841

    • Strip malls
    • 32,750 SF
    • 25.59 lot acres
    OFF-MARKET
    Value Estimations
    $11,095,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US62-0185002
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office Depot / (Bike/Boat/Book/etc) Store
    • Office Depot Tech Services / Tech Support Center / (Bike/Boat/Book/etc) Store
    • Office Depot Print & Copy Services / (Bike/Boat/Book/etc) Store / Printing Service
    • Apollon Garage Door Repair N Installation / Building Supply / General Contractor
    • FedEx ShipSite / Postal Service / Courier Service

    Property Details for 9701 Eastern Ave

    Year built
    2002
    Construction
    FRAME
    Lot size
    25.59 lot acres
    Property size
    32,750 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    177-26-512-001
    APU
    17726512001

    Description

    Silverado Ranch Plaza, a Class A power center in Las Vegas, Nevada, presents a unique investment opportunity. Located at 9701 S Eastern Ave, at the southwest corner of Silverado Ranch Boulevard and Eastern Avenue (APN 177-26-512-001), this vibrant commercial hub offers 7 available retail spaces ranging from 1,000 to 15,560 square feet. The property is zoned Commercial General (CG) and boasts a prime location within a thriving community, providing convenient access from major thoroughfares with ample parking to accommodate a high volume of visitors. Silverado Ranch Plaza is a bustling destination serving the local community with a diverse mix of retail stores, restaurants, and essential services, creating a one-stop shopping and leisure experience. The well-maintained plaza features a thoughtfully designed layout for easy navigation, with clear signage and convenient walkways. This power center is an integral part of the Henderson and Las Vegas retail landscape, offering a comprehensive shopping experience in a highly accessible location. The available spaces are ideal for a variety of retail and restaurant uses, presenting a compelling opportunity for businesses seeking a high-traffic location in a rapidly growing area. This property is situated in Paradise, NV, zip code 89183.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $13,205,000
      6.5%
      $12,185,000
      7%
      $11,315,000

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $14,215,000
      Current use
      AUTO REPAIR, GARAGE
      $18,190,000
      Change: +28% Conversion: Difficult
      RETAIL STORES
      $12,245,000
      Change: -14% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.121
    Latitude
    36.0111
    CBSA code
    29820
    CBSA name
    LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $337,799
    $5,462,030
    $8,099,538
    $13,561,568
    -
    $15,605,800
    $23,141,537
    $38,747,337

    Comparable in this City

    • Value Estimation
      $1,690,000
      6,696 SF

      9895 Maryland Pkwy

      SHOPPING CENTER, STRIP CENTER • 6,696 SF
      9895 Maryland Pkwy, Las Vegas, NV 89183-7164
      View Details
    • Value Estimation
      $2,170,000
      5,375 SF

      351 Silverado Rnch Blvd

      SHOPPING CENTER, STRIP CENTER • 5,375 SF
      351 Silverado Rnch Blvd, Las Vegas, NV 89183-4400
      View Details
    • Value Estimation
      $6,880,000
      4,967 SF

      440 Silverado Rnch Blvd

      SHOPPING CENTER, STRIP CENTER • 4,967 SF
      440 Silverado Rnch Blvd, Las Vegas, NV 89183-6208
      View Details
    • Value Estimation
      $4,720,000
      14,832 SF

      335 Silverado Rnch Blvd

      SHOPPING CENTER, STRIP CENTER • 14,832 SF
      335 Silverado Rnch Blvd, Las Vegas, NV 89183-4429
      View Details
    • Value Estimation
      $1,795,000
      5,887 SF

      9995 Eastern Ave

      SHOPPING CENTER, STRIP CENTER • 5,887 SF
      9995 Eastern Ave, Las Vegas, NV 89183-7954
      View Details
    • Value Estimation
      $2,460,000
      9,667 SF

      110 Bruner Ave

      SHOPPING CENTER, STRIP CENTER • 9,667 SF
      110 Bruner Ave, Las Vegas, NV 89183-5523
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,800 SF

      Las Vegas Retail Strip Center

      Multi-tenant strip center in a strong retail hub.
      10445 Spencer St, Las Vegas, NV 89183
      View Details
    • Contact for pricing
      5.00 Acres

      Las Vegas Blvd Commercial Land

      5-Acre Commercial Lot, Prime Location
      12097 Las Vegas Blvd, Las Vegas, NV 89183
      View Details
    • $8,000,000
      5.06 Acres

      Las Vegas Blvd Commercial Land

      Prime 5+ Acre Commercial Lot
      10230 Las Vegas Blvd, Las Vegas, NV 89183
      View Details
    • Contact for pricing
      1.00 Acre

      Las Vegas Retail Land Opportunity

      High-traffic corner lot, ideal for development.
      30 Starr Ave, Las Vegas, NV 89183
      View Details
    • $6,900,000

      Las Vegas Blvd Land Parcel

      4.56 acre commercial land parcel on Las Vegas Blvd.
      Las Vegas Blvd Blvd S, Las Vegas, NV 89183
      View Details
    • $8,000,000

      Las Vegas Blvd Land Opportunity

      5.06 Acres near South Point Casino with development potential.
      10230 S Las Vegas Blvd, Las Vegas, NV 89183
      View Details

    Similar Nearby for Lease

    • $2 SF/Yr
      4,135 SF

      Henderson Retail Center For Lease

      Retail center in Henderson, Nevada, along the Eastern Corridor.
      9911 South Eastern Ave, Las Vegas, NV 89183
      View Details
    • $2 SF/Yr

      Retail Space on Eastern Avenue

      Multi-tenant retail property in thriving commercial district with high traffic.
      9975 S Eastern Ave, Las Vegas, NV 89183
      View Details
    • Contact for pricing

      Retail Space in Anchored Center

      Retail space available in a high-traffic shopping center.
      407-495 E Silverado Ranch Blvd, Las Vegas, NV 89183
      View Details
    • Contact for pricing
      1,100 SF

      Retail Space on Silverado Ranch

      Former nail salon space with high traffic and visibility.
      1310 E Silverado Ranch Blvd, Las Vegas, NV 89183
      View Details
    • Contact for pricing
      2,435 SF

      Retail Space Near St. Rose

      Retail space with convenient access to major transportation routes.
      9915 S Eastern Ave, Las Vegas, NV 89183
      View Details
    • $33 SF/Yr
      52,493 SF

      Silverado Ranch Retail Center

      Las Vegas retail space, multiple suites available
      1130 Silverado Ranch Blvd, Las Vegas, NV 89183
      View Details
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    9701 Eastern Ave
    Las Vegas, NV 89183-6841
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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