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    835 M.l.k. Blvd Las Vegas, NV 89106

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    835 M.l.k. Blvd Las Vegas, NV 89106


    • Retail properties & Spaces
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 835 M.l.k. Blvd

    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional commercial land parcel presents a unique investment opportunity in the heart of Las Vegas, Nevada. Located at a signalized hard-corner intersection, this site boasts unparalleled visibility and accessibility, benefiting from combined intersection traffic counts of 46,868 vehicles per day (Costar data). Its strategic position near the "Spaghetti Bowl" freeway interchange (I-15, I-215, US-93, and US-95), experiencing 300,000 vehicles per day (2018 data), ensures high traffic volume. The property is situated at the second signalized intersection north of Martin Luther King Boulevard, offering multiple convenient ingress/egress points. Las Vegas's strong population growth makes this a highly desirable location for a variety of retail operators. Significant site work is already complete, including offsite improvements such as curbs, gutters, sidewalks, street dedications, bus stop improvements, curb cuts, street lights, and utilities stubbed to the site. Onsite improvements include a fully graded and paved pad, landscaping, drive aisles with a reciprocal easement agreement for cross-access with an adjacent 7-Eleven, a trash enclosure, and drive-thru lane improvements. The C-1 zoning allows for a wide range of uses, including drive-thru quick-service restaurants, express car washes, and general retail establishments. The dense population and daytime demographics provide ample opportunities to attract customers throughout the day, evening, and weekends. This turnkey site is ready for immediate development.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.161
    Latitude
    36.1802
    More about this property
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