2672 Buffalo DrLas Vegas, NV 89128

Property Details for 2672 Buffalo Dr

Year built

2017

Construction

FRAME

Lot size

10.29 AC

Property size (Sq ft)

359,558 SF

Property type

Residential income properties

Property subtype

High-rise multifamily apartments

APN

138-15-310-053

APU

13815310053

Description

This exceptional Class A mixed-use property, known as Buffalo Inspire, offers 5,373 square feet of retail and office space in a prime Las Vegas location at 2672 N Buffalo Dr, 89128. Situated on a 10.29-acre lot, this development features four buildings, including two four-story structures and two two-story buildings, totaling five suites. The property boasts a minimum divisible space of 1,022 square feet, with 1,776 square feet currently vacant. Built in 2017, the property is zoned as Planned Business Park District (C-PB) and benefits from excellent visibility along N. Buffalo Dr. & Peak Dr. The property's strategic location within the Las Vegas Technology Center, a mixed-use business park, provides easy access to major roadways like US-95 Freeway and Summerlin Parkway, serving the affluent Summerlin and Desert Shores communities. The meticulously landscaped grounds offer inviting common areas. The APN is 138-15-310-053. This opportunity presents a unique chance to establish a presence in a thriving, high-traffic area. The property's modern design and convenient amenities make it an attractive option for a variety of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $95,269,928

  6.5%

  $87,941,472

  7%

  $81,659,936

• Comparable approach

  Method

  Valuation

  Relative Method

  $111,658,040

  Geo Method

  $111,658,040

• Alternative Use

  Use

  Valuation

  Residential

  $87,941,472

  Hospitality

  $80,553,912

  Educational

  $67,019,912

  Medical

  $69,324,832

  Retail

  $104,253,200

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.2092

Longitude

-115.259

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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