1600 Desert Inn Rd Las Vegas, NV 89169
- Office buildings
- 15,954 SF
- 0.27 lot acres
Current Use by Public Records
- New Beginnings Support Services INC / Community Center
- DH Financial / Tax Preparation / Bookkeeping Service
- Trajectory Elite Resource Center / Mental Health Service
- Premier Showgirls / Modeling Agency / Entertainment Agency
- Grann Mingus Entertainment Group LLC / Marketing Consultant / Business Development Service
Property Details for 1600 Desert Inn Rd
- Year built
- 1977
- Construction
- FRAME
- Lot size
- 0.27 lot acres
- Property size
- 15,954 SF
- Property type
- Office buildings
- APN
- 162-11-411-111
- APU
- 16211411111
Description
This exceptional two-story office building, totaling 15,954 square feet, offers a variety of flexible office spaces perfect for medical practices or traditional businesses. Located in Clark County's desirable Medical office submarket, this Class C building boasts a prime location, just five minutes from the Las Vegas Convention Center and adjacent to Sunrise Hospital and Medical Center. Recently renovated in 2023, the property features 61 parking spaces and elevator access for convenient accessibility. Individual suites range from a minimum of 150 square feet to a maximum contiguous space of 565 square feet, with 1,907 square feet currently vacant and available for lease. The building is zoned H-1 and features multiple tenancies. Utilities, excluding Wi-Fi, are included in the lease. Month-to-month lease options are available, providing ultimate flexibility. The building was originally constructed in 1977, ensuring a blend of established infrastructure and modern updates. The property is conveniently located near the intersection of Desert Inn and Maryland Parkway, offering excellent visibility and accessibility. This is an unparalleled opportunity to secure high-quality office space in a thriving medical hub. APN: 162-11-411-110;162-11-411-111.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $580,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $590,000
- 6.5%
- $525,000
- 7%
- $625,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $565,000
- Geo Method
- $500,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $630,000
- Retail
- $495,000
- Mixed-Use
- $630,000
- Hospitality
- $595,000
- Educational
- $475,000
- Residential Income
- $605,000
- Energy
- $485,000
- Income-Based Land
- $595,000
- Food Service
- $505,000
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.13
- Latitude
- 36.1302
- CBSA code
- 29820
- CBSA name
- LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
