6883 Eastern AveLas Vegas, NV 89119
- Retail properties
- 6,916 SF
Property Details for 6883 Eastern Ave
- Year built
- 2006
- Construction
- FRAME
- Lot size
- 0.16 AC
- Property size (Sq ft)
- 6,916 SF
- Property type
- Retail properties
- Property subtype
- Strip malls
- APN
- 177-02-614-016
- APU
- 17702614016
Description
This exceptional restaurant opportunity is located at 6883 S Eastern Ave, Las Vegas, NV 89119, situated between East Warm Springs Road and West Sunset Road. The property, known as Palm Court, is a multi-tenant strip center with a total building size of 7,098 square feet. Currently, there is 2,008 square feet of vacant space available, perfect for a second-generation restaurant. The available space measures 2,008 square feet. The property's zoning is M-D, allowing for a variety of commercial uses. The property's address is easily accessible from Eastern Avenue and Sunset Road, offering high visibility and convenient access for customers. The Clark County Assessor's Parcel Number (APN) is 177-02-614-016. This prime location in a bustling area of Las Vegas presents a unique chance to establish or expand a thriving restaurant business. The property's strategic placement ensures high foot traffic and visibility, making it an ideal location for a restaurant seeking a strong presence in the Las Vegas market. This is a rare opportunity to secure a well-positioned restaurant space in a high-traffic area. Don't miss out on this chance to capitalize on the vibrant Las Vegas culinary scene.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,010,186
- 6.5%
- $1,855,556
- 7%
- $1,723,016
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,491,764
- Geo Method
- $3,491,764
-
Alternative Use
- Use
- Valuation
- Residential
- $1,565,231
- Hospitality
- $1,433,743
- Educational
- $1,192,858
- Medical
- $1,233,882
- Retail
- $1,855,556








Location Insight
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Latitude
- 36.0651
- Longitude
- -115.119
- 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
FAQs
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