360 Sandhill BlvdMesquite, NV 89027
- Retail properties
- 3,660 SF
Property Details for 360 Sandhill Blvd
- Year built
- 2000
- Construction
- FRAME
- Lot size
- 0.12 AC
- Property size (Sq ft)
- 3,660 SF
- Property type
- Retail properties
- Property subtype
- Strip malls
- APN
- 001-16-510-011
- APU
- 116510011
Description
Bowler Plaza Shopping Center, located at 360 N Sandhill Blvd, Mesquite, NV 89027, presents a compelling investment opportunity in a thriving retail environment. This Class B strip center, totaling 85,013 square feet, features five single-story buildings constructed in 1997 and situated on a 7.73-acre lot (335,000 sq ft). The property boasts 300 parking spaces and is conveniently located near the I-15 freeway exit, Rising Star Sports Ranch Resort, and several hotels and casinos, ensuring high visibility and accessibility. Currently, there are 6,150 square feet of vacant space available, with minimum divisible units of 1,167 square feet and a maximum contiguous space of 2,421 square feet. The center is anchored by Smith's Food & Drug and includes other national brands such as Cafe Rio, Starbucks, Jack In The Box, and Leslies Pools, creating a strong tenant mix and attracting significant foot traffic. The property is zoned HT and has an APN of 001-16-510-007. Virtual tours are available for select vacant suites. This property offers a unique opportunity to establish a presence in a bustling Mesquite commercial hub within the Outlying NE Clark County submarket. The building has a FAR of .28.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,441,578
- 6.5%
- $1,330,687
- 7%
- $1,235,638
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,847,868
- Geo Method
- $1,847,868
-
Alternative Use
- Use
- Valuation
- Residential
- $1,122,484
- Hospitality
- $1,028,190
- Educational
- $855,442
- Medical
- $884,862
- Retail
- $1,330,687
Location Insight
- City
- Mesquite
- County
- Clark
- State
- Nevada
- Latitude
- 36.8086
- Longitude
- -114.062
- CBSA code
- 29820
- CBSA name
- LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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