Property summary
This exceptional investment opportunity presents a 2,828 square foot office building situated on three contiguous parcels totaling 0.55 acres in the heart of Downtown Las Vegas. Built in 1953, the property boasts abundant parking and is ideally located on the corner of Lewis Avenue and Maryland Parkway, offering excellent visibility and convenient access to major freeways (I-15 and US-95). The R-4 zoning permits apartment residential development, making this a prime site for future multi-family construction. The existing office building provides immediate income potential, while the land's zoning and location offer significant long-term development upside. This property is minutes from the Las Vegas Medical District, Fremont East Entertainment District, and major cultural attractions, ensuring high visibility and proximity to a thriving urban environment. The property's APN is 139-34-811-042, 139-34-811-043, and 139-34-811-044. The asking price is $1,250,000, with an occupancy date of September 4, 2024. This is a rare chance to acquire a strategically positioned asset in a rapidly developing area of Las Vegas.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight