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    Property profile & analytics

    3565 Flamingo Rd Las Vegas, NV 89121

    • Outlet malls
    • 26,100 SF
    • 1.14 lot acres
    For Lease
    View listing
    $17 SF/Yr
    Value Estimation
    $2,560,000
    Last Sale
    Jun 03, 2022
    $2,620,000
    Location Intelligence
    Property ID
    US62-0466132
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Marjorie's Furniture / Furniture Store

    Property Details for 3565 Flamingo Rd

    Year built
    1989
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.14 lot acres
    Property size
    26,100 SF
    Property type
    Outlet malls
    APN
    161-19-102-002
    APU
    16119102002

    Description

    This single-story, 26,300-square-foot retail building in Las Vegas, NV, offers multiple suites for lease. Located on the highly trafficked East Flamingo Corridor at 3565 E Flamingo Rd, 89121, this Class B property boasts a prime location and excellent visibility. Currently, 20,475 square feet are available, divisible into spaces ranging from 3,000 to 20,475 contiguous square feet. Built in 1989, the building features attractive full glass facades, high ceilings, and durable concrete flooring. The property sits on 1.14 acres of land and has a 0.52 FAR. Pylon signage is available, making it ideal for businesses seeking high visibility. The building has 100 amps of power at 110/220V. Zoned C-G General Commercial, this property presents a unique opportunity for retail tenants seeking a prominent location in the East Las Vegas submarket. The property's APN is 16119102002. Four total suites are available within the building. This is an excellent opportunity for businesses seeking high visibility and convenient access to major thoroughfares.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,550,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,620,000
      6.5%
      $2,825,000
      7%
      $2,820,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,640,000
      Geo Method
      $2,560,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,540,000
      Retail
      $2,710,000
      Mixed-Use
      $2,710,000
      Hospitality
      $2,635,000
      Educational
      $2,410,000
      Residential Income
      $2,165,000
      Energy
      $2,870,000
      Income-Based Land
      $2,585,000
      Food Service
      $2,415,000

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.098
    Latitude
    36.1147
    CBSA code
    29820
    CBSA name
    LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $17,455
    $191,183
    $491,689
    $682,872
    -
    $546,237
    $1,404,826
    $1,951,063

    Comparable in this City

    • Value Estimation by Request
      130,160 SF

      3055 Tropicana Ave

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      View Details
    • Value Estimation
      $655,000
      25,200 SF

      4655 Flamingo Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 25,200 SF
      4655 Flamingo Rd, Las Vegas, NV 89121-4740
      View Details
    • Value Estimation by Request
      102,400 SF

      3455 Boulder Hwy

      WHOLESALE OUTLET, DISCOUNT STORE • 102,400 SF
      3455 Boulder Hwy, Las Vegas, NV 89121-1502
      View Details
    • Value Estimation
      $285,000
      10,000 SF

      4915 Desert Inn Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 10,000 SF
      4915 Desert Inn Rd, Las Vegas, NV 89121-2809
      View Details
    • Value Estimation
      $5,970,000
      38,640 SF

      4900 Tropicana Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 38,640 SF
      4900 Tropicana Ave, Las Vegas, NV 89121-6729
      View Details
    • Value Estimation
      $390,000
      27,524 SF

      4790 Flamingo Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 27,524 SF
      4790 Flamingo Rd, Las Vegas, NV 89121-4709
      View Details

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      View Details
    Request Owner's contact information
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    3565 Flamingo Rd
    Las Vegas, NV 89121
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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