500 4Th StLas Vegas, NV 89101

Property Details for 500 4Th St

Year built

1951

Construction

FRAME

Lot size

0.16 AC

Property size (Sq ft)

7,984 SF

Property type

Office properties

Property subtype

Office buildings

APN

139-34-311-118

APU

13934311118

Description

This exceptional 8,683-square-foot single-tenant office building, located at 500 S 4th St in Las Vegas, NV, presents a compelling investment opportunity. Built in 1951 and renovated in 2010, this one-story Class C building sits on a 0.48-acre lot and boasts 37 parking spaces. The property features fifteen individual offices, one executive office, three bathrooms, two copy rooms, a break room, an open office area, and a reception area, along with a convenient garage. Its prime location in the heart of Downtown Las Vegas offers excellent accessibility to numerous amenities, including a variety of retail and dining establishments. The building's proximity to Las Vegas City Hall, Municipal and Justice Courts, and the U.S. Post Office further enhances its appeal. The property is zoned C-2 and its Clark County APN is 13934311118. This well-maintained building provides a strong foundation for a variety of business uses and benefits from the ongoing growth and development within the vibrant Downtown Las Vegas area. The property offers a unique blend of classic charm and modern functionality, making it an ideal investment for discerning buyers.

• CAP approach

  CAP return

  Valuation

  6%

  $1,883,973

  6.5%

  $1,739,052

  7%

  $1,614,834

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,599,594

  Geo Method

  $1,599,594

• Alternative Use

  Use

  Valuation

  Residential

  $2,156,425

  Hospitality

  $1,975,274

  Educational

  $1,643,404

  Medical

  $1,699,924

  Retail

  $2,556,407

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.165

Longitude

-115.145

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.