3920 Eastern AveLas Vegas, NV 89119

Property Details for 3920 Eastern Ave

Year built

1986

Construction

FRAME

Property size (Sq ft)

32,927 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

162-13-410-001

APU

16213410001

Description

This exceptional Class B medical office complex, located at 3920 S Eastern Ave, Las Vegas, NV 89119, offers 44,096 square feet across four buildings. The property boasts a prime location on Eastern Avenue, at the signalized intersection of Eastern Avenue and Viking Road, providing excellent visibility and accessibility. With 442 linear feet of frontage, it benefits from high traffic counts. The campus is strategically positioned between Sunrise Hospital, Desert Springs Hospital, and Boulevard Mall, surrounded by a dense population. Its proximity to UNLV and Maryland Parkway further enhances its appeal. The property offers convenient access to major thoroughfares, including Eastern Avenue and Flamingo Boulevard. Currently, 6,972 square feet of contiguous space is available, with a minimum divisible space of 3,500 square feet. The zoning is C-P Office Professional (Clark County), and the APN is 162-13-410-001. This presents a unique opportunity for medical professionals seeking a high-profile location in a thriving Las Vegas submarket (East Central Las Vegas, Central Eastern Corridor South of Sahara). The property is ideal for a variety of medical uses and offers significant potential for growth and return on investment. Multiple tenancy is possible.

• CAP approach

  CAP return

  Valuation

  6%

  $6,510,526

  6.5%

  $6,009,716

  7%

  $5,580,450

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,596,924

  Geo Method

  $6,596,924

• Alternative Use

  Use

  Valuation

  Residential

  $7,452,048

  Hospitality

  $6,826,036

  Educational

  $5,679,182

  Medical

  $5,874,497

  Retail

  $8,834,282

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.1183

Longitude

-115.118

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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