3440 Arville StLas Vegas, NV 89102

Property Details for 3440 Arville St

Year built

1984

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.97 AC

Property size (Sq ft)

13,387 SF

Property type

Retail properties

Property subtype

Retail space

APN

162-18-510-001

APU

16218510001

Description

This exceptional turnkey opportunity presents a thriving, established premier indoor shooting range and gun store in Las Vegas, Nevada. Located at 3440 Arville St, this 23,189 square foot facility sits on a 0.99-acre lot and boasts 25 shooting lanes (14 twenty-five-yard, 7 fifty-yard, and 4 VIP lanes). The two-story building, constructed in 1984, is zoned C-2 and features ample parking (34 spaces). The property includes all inventory and real property, offering a seamless transition for the new owner. The business enjoys a strong reputation with both locals and tourists, benefiting from high traffic flow and excellent street visibility. A skilled, non-union staff is in place and committed to continuing operations post-purchase. This owner-user opportunity provides significant annual cash flow and is ideally situated near Harry Reid International Airport. The building's layout includes a large open floor plan, substantial office space, and is currently configured as a fully operational gun club with retail space and an indoor shooting range. The property's established customer base and turnkey nature make this a rare and attractive investment. The asking price is $8,950,000. The property's APN is 162-18-510-001.

• CAP approach

  CAP return

  Valuation

  6%

  $4,275,149

  6.5%

  $3,946,292

  7%

  $3,664,414

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,758,856

  Geo Method

  $6,758,856

• Alternative Use

  Use

  Valuation

  Residential

  $3,328,844

  Hospitality

  $3,049,204

  Educational

  $2,536,902

  Medical

  $2,624,150

  Retail

  $3,946,292

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.1274

Longitude

-115.199

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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