7475 Sahara AveLas Vegas, NV 89117

Property Details for 7475 Sahara Ave

Year built

1999

Construction

FRAME

Lot size

2.21 AC

Property size (Sq ft)

24,077 SF

Property type

Office properties

Property subtype

Office buildings

APN

163-10-110-003

APU

16310110003

Description

This exceptional investment opportunity presents a 19,446-square-foot, single-story medical office building situated at 7475 W. Sahara Ave, Suite 1-6, Las Vegas, NV 89117. The property, built in 1999, comprises seven individual suites ranging in size from approximately 2,428 square feet to 19,446 square feet, offering flexibility for various medical practices or investors seeking diverse income streams. The asking price for the entire complex is $6,806,100, with individual suite pricing available. The building is classified as Class B and sits on a 2.21-acre lot, zoned for Commercial/Professional Office (C-1). Its prime location on W. Sahara Avenue provides high visibility and convenient access to major freeways including the CC-215, US-95, and I-15. The area boasts a mix of established neighborhoods, commercial centers, and nearby amenities, including the Canyon Gate Country Club and numerous shopping and dining options. Ample covered parking is available, with a parking ratio of 6 spaces per 1,000 square feet. This property offers a unique opportunity to acquire a well-located, established medical office complex in a thriving Las Vegas submarket. The building features a total of 19,446 square feet across seven units, making it ideal for a variety of medical uses or a portfolio investment. The property's proximity to major transportation arteries and established residential areas ensures strong tenant demand and long-term value.

• CAP approach

  CAP return

  Valuation

  6%

  $5,230,618

  6.5%

  $4,828,263

  7%

  $4,483,388

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,823,827

  Geo Method

  $4,823,827

• Alternative Use

  Use

  Valuation

  Residential

  $5,987,046

  Hospitality

  $5,484,102

  Educational

  $4,562,708

  Medical

  $4,719,628

  Retail

  $7,097,547

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.1428

Longitude

-115.255

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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