1117 Rancho DrLas Vegas, NV 89102

Property Details for 1117 Rancho Dr

Year built

2004

Construction

FRAME

Lot size

0.94 AC

Property size (Sq ft)

10,203 SF

Property type

Office buildings

APN

162-04-117-002

APU

16204117002

Description

This ±11,493 square foot office building, situated at 1117 S Rancho Dr, Las Vegas, NV 89102, offers a prime location in the Rancho Courtyard complex. The property boasts a traditional office design, also suitable for medical office use, and features a multi-tenant configuration. Currently, 1,381 square feet of space is available for lease. The building sits on a 0.94-acre lot, conveniently located north of West Sahara Avenue and a half block south of the intersection of West Charleston Boulevard and South Rancho Drive. Its strategic position provides easy access to major transportation arteries, including US-95 and I-15, as well as prominent medical facilities like UMC and Valley Hospitals, Downtown Las Vegas, and the Regional Justice Center and Federal Courthouses. The property is also within 7 miles of Harry Reid International Airport. The complex features a desirable 4.89:1 parking ratio with ample covered parking. Tenants and visitors enjoy a beautifully landscaped central courtyard complete with large shade trees, seating areas, a decorative rock exterior, and a water feature. The property is zoned P-R, Las Vegas. This exceptional location and attractive amenities make this an ideal opportunity for businesses seeking a well-maintained and conveniently located office space.

• CAP approach

  CAP return

  Valuation

  6%

  $2,180,184

  6.5%

  $2,012,477

  7%

  $1,868,729

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,044,171

  Geo Method

  $2,044,171

• Alternative Use

  Use

  Valuation

  Residential

  $2,495,472

  Hospitality

  $2,285,839

  Educational

  $1,901,791

  Medical

  $1,967,196

  Retail

  $2,958,342

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.1578

Longitude

-115.172

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].