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    1140 E Desert Inn Rd, Unit Las Vegas Las Vegas, NV 89109

    For Sale
    $17,500,000

    Retail property suitable for cannabis consumption lounge in Las Vegas.

    Property size:
    5 SF

    Property Features for 1140 E Desert Inn Rd

    General Information

    Size
    5 SF

    Building Details

    Year built
    1975

    Source: Jerry Steklachick Agent Jerry Steklachick

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Opportunity on Desert Inn

    Located at 1140 E Desert Inn Rd in Las Vegas, this 5-acre retail property presents an opportunity for establishing a retail cannabis consumption lounge. The property's location and market niche may provide a foundation for success in the cannabis industry.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bank of America (with ... Bank [email protected] Marketing Agency Aged Shelf Corporations, ... Car Dealer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.1390425
    Latitude
    36.1303697

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    FAQs

    What type of property is this?
    Retail space - Retail property suitable for cannabis consumption lounge in Las Vegas.
    Where is this retail space located?
    The property is located at 1140 E Desert Inn Rd, Unit Las Vegas Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $17,500,000.
    What are key features of this property?
    This property features: - Prime location on E Desert Inn Rd.; - Opportunity to launch a retail cannabis consumption lounge.; - Proximity to major attractions.
    (702) 701-9700
    Request Owner's contact information
    1140 E Desert Inn Rd, Unit Las Vegas Las Vegas, NV 89109
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    Las Vegas, NV 89109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1140 E Desert Inn Rd, Unit Las Vegas Las Vegas, NV 89109
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