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Property profile & analytics

4040 Russell Rd Las Vegas, NV 89118-2302

  • Warehouses
  • 3,200 SF
  • 1.91 lot acres
OFF-MARKET
Value Estimations
$180,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US62-0358631
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Silver Lake Construction Yard 2 / Construction Company

Property Details for 4040 Russell Rd

Year built
1988
Construction
STEEL FRAME
Lot size
1.91 lot acres
Property size
3,200 SF
Property type
Warehouses
APN
162-30-802-010
APU
16230802010

Description

This 3,500 square foot executive, medical, or traditional office condo is located at 4040 E Russell Rd, Las Vegas, NV 89120. Priced at $665,000 ($190/sq ft), this grey-shell unit offers flexibility in design and build-out. The property is situated in a desirable location, minutes from McCarran International Airport, US 95, I-215, and the 515 freeway, as well as Henderson Hospital and the Galleria at Sunset. The complex features seven garden-style buildings with ample parking (197 spaces, a 4.06/1,000 sq ft ratio) and attractive landscaping. Units are divisible, allowing for flexibility in size, ranging from approximately 2,500 to 9,945 square feet. The property is zoned CRT. The APN is 161-30-816-004. This represents one of the lowest priced office condos currently available in the area. This is a fantastic opportunity for owner-occupancy or investment.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $180,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $172,000
    Market price range: $59.8k - $172k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Las Vegas
County
Clark
State
Nevada
Longitude
-115.194
Latitude
36.0868
CBSA code
29820
CBSA name
LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,459
$471,744
$34,777
$506,521
-
$1,347,840
$99,363
$1,447,203
More about this property
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