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    616 S 3Rd St Las Vegas, NV 89101

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    For Lease
    Contact for pricing

    Office or retail space in dynamic downtown location.

    Property size:
    1,300 SF
    Lot size:
    0.16 Acres

    Property Features for 616 S 3Rd St

    General Information

    Size
    1,300 SF
    Lot size
    0.16 Acres

    Source: New Market Commercial Real Estate Advisors Agent Phil Baca

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

    Overview

    Downtown Office or Retail Space

    This 1300-square-foot property offers potential for office or retail businesses. It is situated in a dynamic downtown area known for its mix of professional services, government offices, and dining options. The location provides convenient access to the Regional Justice Center and Las Vegas City Hall. Its central location and proximity to major roadways make it suitable for businesses seeking a convenient and strategic downtown presence.
    Insight Report Location Intelligence

    Current Use by Public Records

    Loveland Wedding Wedding Planner Loveland Bodas, Las ... Wedding Chapel Cupid’s Wedding Chapel Wedding Chapel Loveland Weddings Wedding Service

    Suggested Use

    Realty agency Spa & Massage Restaurant Hair Salon Dental Office Nail Salon Building Supply Gym & Fitness Pharmacy Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.1474874
    Latitude
    36.1638846

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    FAQs

    What type of property is this?
    Office space - Office or retail space in dynamic downtown location.
    Where is this office space located?
    The property is located at 616 S 3Rd St Las Vegas, NV.
    What are key features of this property?
    This property features: - Central downtown location ideal for businesses.; - Office or retail business potential.; - Proximity to Regional Justice Center and Las Vegas City Hall.
    (702) 221-2500
    Request Owner's contact information
    616 S 3Rd St Las Vegas, NV 89101
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    Las Vegas, NV 89101
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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
    616 S 3Rd St Las Vegas, NV 89101
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