7180 Cascade Valley CtLas Vegas, NV 89128

Property Details for 7180 Cascade Valley Ct

Year built

1998

Construction

FRAME

Lot size

1.43 AC

Property size (Sq ft)

15,504 SF

Property type

Office buildings

APN

138-15-612-005

APU

13815612005

Description

This exceptional two-story medical office building, totaling 15,693 square feet, is situated in the desirable Las Vegas Technology Park, just one block from Mountain View Hospital. Built in 1998, the property boasts convenient access to major freeways (US-95/I-11) via Cheyenne Avenue or Lake Mead Boulevard. Its corner location at N. Tenaya Way and Cascade Valley Court provides excellent ingress and egress. Ample parking is available, exceeding a 5:1000 SF ratio, with both covered and uncovered spaces. Currently, one 1,750 square foot suite is available for lease. The building sits within a thriving area, benefiting from a population exceeding 183,000 within a three-mile radius and an average household income surpassing $91,885. The property's strategic location and ample parking make it an ideal medical office space. The Clark County property (APN 138-15-612-005) offers a unique opportunity for medical professionals seeking a prominent location in a high-demand area. The building features multiple tenancies and is situated on a 1.43-acre lot.

• CAP approach

  CAP return

  Valuation

  6%

  $3,312,905

  6.5%

  $3,058,066

  7%

  $2,839,633

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,106,226

  Geo Method

  $3,106,226

• Alternative Use

  Use

  Valuation

  Residential

  $3,792,002

  Hospitality

  $3,473,453

  Educational

  $2,889,872

  Medical

  $2,989,260

  Retail

  $4,495,357

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.2119

Longitude

-115.249

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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