1651 N Rancho Dr

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1651 N Rancho Dr

Las Vegas, NV 89108
Asking Price
$1.60M
Asset Type
Office
Class
Class B

What's Special

1651 N Rancho Drive is located in the northwest corridor of Las Vegas, situated between the master-planned communities of Summerlin and the historic downtown district. The property offers prime frontage along a major arterial road and is less than one mile from the US-95 freeway interchange, providing efficient regional access. The surrounding neighborhood is a mix of established commercial centers and residential pockets. Nearby amenities include the North Las Vegas Airport, numerous retail plazas, and quick-service dining options. The building is suited for professional services, medical administrative offices, or localized corporate headquarters. Given its proximity to the judicial and municipal centers of downtown Las Vegas, the location is a practical choice for legal practitioners, non-profit organizations, and government contractors. The floor plate and accessibility make the property ideal for mid-sized firms seeking a centralized presence with high visibility and convenient parking for both employees and clients.

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NOI
$80,000
Cap Rate
5.00%
DSCR
0.84
Underwater
Cash-on-Cash
-3.12%
Monthly Payment
$7,915.927
Annual Cash Flow
$-14,991.124

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