1711 Eastern AveLas Vegas, NV 89104
- Office properties
- 1,044 SF
Property Details for 1711 Eastern Ave
- Year built
- 1953
- Construction
- FRAME
- Lot size
- 0.12 AC
- Property size (Sq ft)
- 1,044 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 162-01-310-198
- APU
- 16201310198
Description
This exceptional 1,044-square-foot freestanding office building presents a unique owner-user opportunity in Las Vegas' Central East submarket. Located at 1711 S Eastern Ave, this Class C property is situated on a 0.12-acre lot (5,227.2 square feet) and is zoned P-R. Currently vacant, the building offers a flexible layout ideal for various professional uses, including creative office, medical office, or traditional office settings. The interior features a welcoming reception area, a convenient kitchenette, an open workspace perfect for collaboration, and a private office for focused work. The asking price is $265,000, translating to $253.83 per square foot. The property's convenient location on Eastern Avenue provides excellent visibility and accessibility. This is an exceptional opportunity for a business seeking a well-appointed, centrally located office space to own and operate. The property's APN is 162-01-310-198. Don't miss this chance to acquire a valuable asset in a thriving Las Vegas neighborhood.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $246,351
- 6.5%
- $227,401
- 7%
- $211,158
-
Comparable approach
- Method
- Valuation
- Relative Method
- $209,165
- Geo Method
- $209,165
-
Alternative Use
- Use
- Valuation
- Residential
- $281,977
- Hospitality
- $258,290
- Educational
- $214,894
- Medical
- $222,285
- Retail
- $334,280
Location Insight
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Latitude
- 36.1504
- 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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