324 3Rd St Las Vegas, NV 89101
- Office buildings
- 10,000 SF
- 0.16 lot acres
Current Use by Public Records
- Nobles Yanez, PLLC / Attorney / Personal Injury Attorney
- Aladdin Bail Bonds / Bail Bonds Service
- Kice Law Group / Law Firm
- Nobles & Yanez Attorneys At Law / Law Firm
- Law Offices of John P. Parris / Attorney / Criminal Justice Attorney
Property Details for 324 3Rd St
- Year built
- 1963
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.16 lot acres
- Property size
- 10,000 SF
- Property type
- Office buildings
- APN
- 139-34-210-059
- APU
- 13934210059
Description
This exceptional two-story office building, situated in the heart of Downtown Las Vegas at 324 S 3rd St, offers 7,500 square feet of versatile space. Built in 1963 and renovated over the years, the property features a traditional office layout suitable for various businesses, with options for executive suites. The building is zoned General Commercial (C-2) and boasts eight parking spaces. With a minimum divisible space of 2,500 square feet and a maximum contiguous space of 5,000 square feet, this property is ideal for a single tenant or multiple occupants. Its prime location is less than half a block from the Regional Court Building and two blocks from the Federal Court Building, providing convenient access to legal and government services. The property sits on a 0.16-acre lot (APN 139-34-210-059) and is within walking distance of numerous amenities. This is a rare opportunity to acquire a well-located, established office building in a thriving downtown area. The entire 7,500 square feet is currently vacant, presenting a blank canvas for your business needs.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,570,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,190,000
- 6.5%
- $1,080,000
- 7%
- $1,260,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,225,000
- Geo Method
- $1,175,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,230,000
- Retail
- $1,100,000
- Mixed-Use
- $1,105,000
- Hospitality
- $1,265,000
- Educational
- $1,130,000
- Residential Income
- $1,075,000
- Energy
- $1,085,000
- Income-Based Land
- $1,165,000
- Food Service
- $985,000
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.145
- Latitude
- 36.1672
- CBSA code
- 29820
- CBSA name
- LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
