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    8025 Farm Rd Las Vegas, NV 89131

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    For Sale
    $4,090,000

    4,519 SF freestanding building with a restricted gaming license.

    Property size:
    4,519 SF
    Lot size:
    0.88 Acres

    Property Features for 8025 Farm Rd

    General Information

    Size
    4,519 SF
    Lot size
    0.88 Acres

    Source: Colliers | Las Vegas Agent Adam Malan

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

    Overview

    Freestanding Tavern with Gaming License

    This freestanding building, operating as a Lucky’s Lounge, is located in the Centennial Hills trade area of Las Vegas, Nevada. The property features a 4,519 SF building on a 10.88 AC parcel. It is equipped with 15 gaming machines, a full bar, a fully equipped commercial kitchen, a lounge area, and an outdoor patio. The property benefits from a restricted gaming license. The property is located less than 1-mile from the I-11 Freeway at the intersection of Farm Rd. and N. Cimmaron Rd., with traffic counts exceeding 73,550 VPD. The surrounding area includes affluent neighborhoods such as Centennial Hills, Lone Mountain, Aliante, and the Providence Master Planned Community. Nearby demand drivers include Centennial Hills Hospital, Santa Fe Station, and Aliante Hotel & Casino. The property is subject to a 15-year lease with Golden Gaming corporate guaranty and 10% rental increases every five years, including options.
    Insight Report Location Intelligence

    Current Use by Public Records

    Lucky's Sports Bar ATM Atm

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.270814
    Latitude
    36.298159

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    FAQs

    What type of property is this?
    Bar - 4,519 SF freestanding building with a restricted gaming license.
    Where is this bar located?
    The property is located at 8025 Farm Rd Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $4,090,000.
    What are key features of this property?
    This property features: - 15-year lease with Golden Gaming (NASDAQ: GDEN) corporate guaranty and 10% rental increases every five years.; - Includes a highly coveted Nevada restricted gaming license.; - High traffic location with ±73,550 VPD at the major signalized intersection.
    (702) 735-5700
    Request Owner's contact information
    8025 Farm Rd Las Vegas, NV 89131
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    Las Vegas, NV 89131
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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
    8025 Farm Rd Las Vegas, NV 89131
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