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    1955 Casino Dr Laughlin, NV 89029

    Sponsored
    For Sale
    Contact for pricing

    Prime Laughlin retail, value-add opportunity.

    Property size:
    256,741 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This two-story, 256,741-square-foot shopping center, located at 1955 S Casino Dr, Laughlin, NV 89029, presents a significant value-add opportunity. Situated on 10.79 acres in Clark County, this multi-tenant property boasts prominent exposure to ten casinos and 3,100 hotel rooms within walking distance. Built in 1996, the center features Commercial Resort (CR) zoning and offers covered parking. Currently at 33.39% occupancy, this NNN-leased property presents a chance to capitalize on the upside potential through lease-up of available spaces. The property benefits from its location in Laughlin's gaming and entertainment district, with main street visibility and signage. The recent opening of a new $60 million bridge connecting Bullhead City and Laughlin further enhances its accessibility and appeal. The property's APN is 264-13-201-003, 264-13-601-003, and 264-13-601-004. This is a rare chance to acquire a well-positioned asset at below-replacement cost in a thriving tourist destination, one hour south of Las Vegas. The property's previous tenants included notable names such as Family Dollar, Burke's Outlet, and Stadium 9 Cinemas.

    Property Features for 1955 Casino Dr

    General Information

    Property type
    Outlet malls
    Square Feet
    256,741 SF
    Lot Size
    470,012 SF

    Building Details

    Year Built
    1996
    Stories
    2

    HighLights

    • High‑traffic location with exposure to 10 casinos in Laughlin's entertainment district.
    • New $60 million bridge connecting Bullhead City and Laughlin improves accessibility.
    • Prominent main street visibility and signage.
    • Significant value‑add opportunity through lease‑up of available spaces; currently 33.39% occupied.
    • Covered parking available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Queen's Nails Nail Salon Laughlin walk-in care Community Center rue21 Clothing Store Claire's Ear Piercing Service A2Z International Inc Gift Shop

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Laughlin
    County
    Clark
    State
    Nevada
    Longitude
    -114.5759326
    Latitude
    35.162043

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    FAQs

    What type of property is this?
    Outlet mall - Prime Laughlin retail, value-add opportunity.
    Where is this outlet mall located?
    The property is located at 1955 Casino Dr Laughlin, NV.
    What are key features of this property?
    This property features: High-traffic location with exposure to 10 casinos in Laughlin's entertainment district.; New $60 million bridge connecting Bullhead City and Laughlin improves accessibility.; Prominent main street visibility and signage.
    Request Owner's contact information
    1955 Casino Dr Laughlin, NV 89029
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    Laughlin, NV 89029
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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
    1955 Casino Dr Laughlin, NV 89029
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