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    4585 Dean Martin Dr Las Vegas, NV 89103

    Sponsored
    For Sale
    $2,500,000

    Prime Las Vegas Restaurant/Storefront

    Property size:
    5,191 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5,191 square foot ground floor retail space, located at 4585 Dean Martin Dr, Las Vegas, NV 89103, presents a rare investment or owner-user opportunity. Part of the prestigious Panorama Towers, a Class A building constructed in 2008, this vacant property boasts unparalleled exposure to over 220,000 vehicles daily. Its strategic location directly across from the T-Mobile Arena, City Center, and the Las Vegas Strip ensures high visibility and accessibility. The property is situated within a high-end residential complex, anchored by some of the most luxurious condominium towers in Las Vegas, offering a unique blend of residential and commercial synergy. The space is zoned CT/UV and features one story within a single building. The asking price is $2,500,000, translating to $481.60 per square foot. This property offers a unique chance to establish a business in one of Las Vegas's most desirable locations, benefiting from its world-class architecture and proximity to major attractions. The APN is 162-20-312-329. This is an owner/user investment. The property is currently vacant, resulting in a $0 NOI and a 0.00% cap rate.

    Property Features for 4585 Dean Martin Dr

    General Information

    Property type
    Individual retail properties
    Square Feet
    5,191 SF
    Class
    A

    Building Details

    Year Built
    2008
    Buildings
    1
    Stories
    1

    HighLights

    • 5,191 SF ground floor retail space at 4585 Dean Martin Dr, Las Vegas, NV 89103.
    • Rare investment or owner‑user opportunity in Class A, 2008‑built Panorama Towers.
    • High visibility location across from T‑Mobile Arena, City Center, and the Las Vegas Strip, with daily exposure to over 220,000 vehicles.
    • Located within a luxury high‑rise residential complex overlooking the Las Vegas Strip.
    Property Profile Location Intelligence

    Current Use by Public Records

    William David Art ... Art Gallery

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.1821536
    Latitude
    36.1066027

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    FAQs

    What type of property is this?
    Individual retail property - Prime Las Vegas Restaurant/Storefront
    Where is this individual retail property located?
    The property is located at 4585 Dean Martin Dr Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 5,191 SF ground floor retail space at 4585 Dean Martin Dr, Las Vegas, NV 89103.; Rare investment or owner-user opportunity in Class A, 2008-built Panorama Towers.; High visibility location across from T-Mobile Arena, City Center, and the Las Vegas Strip, with daily exposure to over 220,000 vehicles.
    Request Owner's contact information
    4585 Dean Martin Dr Las Vegas, NV 89103
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    Las Vegas, NV 89103
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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
    4585 Dean Martin Dr Las Vegas, NV 89103
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