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    5022 S Rainbow Blvd, Unit 204 Las Vegas, NV 89118

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    For Lease
    $1,400 /Mo ($15 SF/Yr)

    Single-story condo with new carpet, two master bedrooms, balcony.

    Property size:
    1,091 SF
    Lot size:
    1,091 SF

    Property Features for 5022 S Rainbow Blvd

    General Information

    Size
    1,091 SF

    Building Details

    Year built
    1987

    Source: Keller Williams Realty The Marketplace Agent Aubrey Huerbana

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

    Overview

    Gated Condo with Two Master

    This single-story condominium is located on the second floor within a gated community. The property features a wide-open floor plan, two master bedrooms, and a large balcony. New carpet has been installed. Community amenities include a pool, clubhouse, and exercise room. The property size is 1,091 square feet.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.2402435
    Latitude
    36.0977512

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    FAQs

    What type of property is this?
    Multifamily property - Single-story condo with new carpet, two master bedrooms, balcony.
    Where is this multifamily property located?
    The property is located at 5022 S Rainbow Blvd, Unit 204 Las Vegas, NV.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Brand new carpet installed.; - Two master bedrooms.; - Located in a gated community.
    (702) 333-1878
    Request Owner's contact information
    5022 S Rainbow Blvd, Unit 204 Las Vegas, NV 89118
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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
    5022 S Rainbow Blvd, Unit 204 Las Vegas, NV 89118
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