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    2971 Sammy Davis Jr Dr Las Vegas, NV

    For Sale
    $8,375,000

    Retail center near Las Vegas Strip, offered 100% leased.

    Property size:
    20,077 SF
    Lot size:
    1.50 Acres

    Property Features for 2971 Sammy Davis Jr Dr

    General Information

    Size
    20,077 SF
    Lot size
    1.50 Acres

    Source: Colliers | Las Vegas Agent Deana Marcello

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

    Overview

    Prime Retail Center Near Strip

    This retail center is positioned steps from the Las Vegas Strip. The property is offered at 100% leased with a Seller Rent Guaranty. It is located directly across from Las Vegas landmarks, offering high visibility at the corner of Sammy Davis Jr. Drive and Resorts World Drive. The location benefits from traffic counts of approximately 39,000 vehicles per day at the intersection, plus approximately 236,000 vehicles per day along the I-15 Freeway. The surrounding area has a daytime population of approximately 384,354 consumers within a 3-mile radius. The property size is 20,077 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Similar Places Nearby

    BIANCA PLAZA, ChargeItSpot, AllCoin Kiosk, Silver City Plaza, The District at Resorts World

    Map

    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.3548713
    Latitude
    35.8783748

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    FAQs

    What type of property is this?
    Shopping center - Retail center near Las Vegas Strip, offered 100% leased.
    Where is this shopping center located?
    The property is located at 2971 Sammy Davis Jr Dr Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $8,375,000.
    What are key features of this property?
    This property features: - 100% leased with Seller Rent Guaranty; - Prime retail center located just steps from the Las Vegas Strip; - High-visibility corner at Sammy Davis Jr. Drive & Resorts World Drive
    (702) 735-5700
    Request Owner's contact information
    2971 Sammy Davis Jr Dr Las Vegas, NV
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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
    2971 Sammy Davis Jr Dr Las Vegas, NV
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