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Property profile & analytics

5625 Rainbow Blvd Las Vegas, NV 89118-1854

  • Strip malls
  • 14,100 SF
  • 1.48 lot acres
OFF-MARKET
Value Estimations
$485,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US62-0129302
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

  • Empire Massage Chair / Health And Beauty Shop
  • Zen Nails Spa / Nail Salon
  • Hats Off Barber Shop / Barber Shop
  • New Life Foot Spa / Reflexologist / Thai Massage Therapist
  • Grinders , Italian Guys Pizza llc / Chicken Wings Restaurant / Halal Restaurant

Property Details for 5625 Rainbow Blvd

Year built
1998
Construction
FRAME
Lot size
1.48 lot acres
Property size
14,100 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
163-27-801-017
APU
16327801017

Description

Rainbow Village is a ±20,300 square foot, single-story Class B retail strip center situated on South Rainbow Boulevard, just north of West Russell Road in Las Vegas's thriving Southwest submarket. Built in 1998, this property boasts excellent visibility and high traffic counts due to its location near the intersection of S Rainbow Blvd and W Russell Rd, one block north of the 215 and Rainbow access point. The center offers ample parking with a ratio of 4.21 spaces per 1,000 square feet. Currently, one 900 square foot second-generation space is available for lease, commencing November 1st, at competitive rates. The landlord is receptive to various tenant uses. The property is zoned C2, County, and sits on a 3.61-acre lot. Its convenient location offers proximity to significant residential areas like Rhodes Ranch and Spanish Trail, as well as Spring Valley and Southern Hills Hospitals. Access to the 215 freeway is easily achieved via S Rainbow Boulevard (approximately 1.1 miles) or W Russell Road (approximately 2.5 miles). Pylon signage opportunities are also available. A virtual tour of Suite B is accessible online.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $480,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $545,000
    Market price range: $428k - $772k

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


Location Insight

  • Map
  • Local Demand
City
Las Vegas
County
Clark
State
Nevada
Longitude
-115.244
Latitude
36.0863
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
$27,297
$428,719
$634,367
$1,063,086
-
$1,224,911
$1,812,477
$3,037,388
More about this property
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