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22785109
22785110

2578 Belcastro St, Las Vegas, NV 89117 For Sale

DH
NV S.0169547, CA DRE# 02240880
Keller Williams Realty Las Vegas
Listed by Keller Williams Realty Las Vegas
$2,650,000
472 days on market
Updated 8 days ago

2578 Belcastro St | Multi-Tenant Office Investment

Details
APN 163-10-502-004
Property Type Office
Sub Type Executive Office, Traditional Office
Square Footage 8,535
Cap Rate 6.18%
NOI $163,872
Occupancy 100%
Tenancy Multi
Lease Type Gross
Price per SqFt $310
Class B
Year Built 1999
Stories 1
Acreage 0.760
Zoning Commercial Professional (CP)
Parking Spaces 31 per 1,000 sq ft
Sale Condition N/A

Office | 6.18% CAP | 8,535 SqFt

Marketing description

  • Multi-tenant office investment in the West Las Vegas submarket
  • 75% leased with value-add leasing opportunity
  • Corner location with frontage on Belcastro Street and Laredo Street
  • Convenient access to I-215, US-95, and W. Sahara Avenue
  • Planned Land Use: Corridor Mixed-Use (CM)
  • Current zoning: Commercial Professional (CP)
  • Dedicated on-site parking
  • Surrounded by established retail, healthcare, and professional office users
  • Located minutes from Summerlin and the Las Vegas Strip
  • Opportunity for future rental income growth through lease-up

Investment highlights

2578 Belcastro Street presents an opportunity to acquire a professionally maintained multi-tenant office property in the West Las Vegas submarket. Positioned near the intersection of W. Sahara Avenue and Rainbow Boulevard, the property benefits from convenient access to major transportation corridors including I-215 and US-95, providing connectivity throughout the Las Vegas Valley.

Surrounded by established retail, healthcare providers, professional services, and residential neighborhoods, the property is strategically located in a mature commercial corridor with consistent business activity. The current tenant mix, combined with an available suite offering future leasing potential, provides investors with immediate income and the opportunity to increase value through lease-up. The property's corner location, dedicated parking, and flexible land use designation further enhance its long-term investment appeal.

Listing Contacts

DH
NV S.0169547, CA DRE# 02240880
Keller Williams Realty Las Vegas
Listed by Keller Williams Realty Las Vegas

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$163,872.00
$13,656.00/mo

Valuation Metrics

0
DSCR
6.18%
Cap Rate
6.18%
ROI

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Additional Information

Name
David Houle
License
S.0169547
Brokerage
KW Commercial, a division of Keller Williams Realty Las Vegas
Title
Director
Brokerage Address
9420 West Sahara Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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