4375 Las Vegas BlvdLas Vegas, NV 89115

Property Details for 4375 Las Vegas Blvd

Year built

1986

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.10 AC

Property size (Sq ft)

16,586 SF

Property type

Retail properties

Property subtype

Strip malls

APN

140-04-301-007

APU

14004301007

Description

This exceptional commercial property, located at 4375 North Las Vegas Boulevard in Las Vegas, Nevada, offers a diverse range of office and retail spaces. The 16,598 square foot building sits on a 1.1-acre lot and features two stories. Currently, there are 6,248 square feet of vacant space available, divisible into units as small as 1,218 square feet, with a maximum contiguous space of 3,300 square feet. The property is zoned C-2, allowing for a variety of uses. Multiple tenancies are possible, making it ideal for businesses of all sizes. The building's prime location across from Nellis Air Force Base provides excellent visibility and accessibility. Its strategic placement near established businesses such as Jack in the Box, 7-Eleven, and Smoking Pig BBQ ensures high foot traffic and brand recognition. Furthermore, its proximity to large industrial properties employing thousands of workers in an area with limited amenities presents a significant opportunity for businesses seeking to serve this substantial workforce. This property offers a unique blend of convenience, visibility, and potential, making it an attractive investment opportunity in a rapidly growing area of Clark County.

• CAP approach

  CAP return

  Valuation

  6%

  $6,358,856

  6.5%

  $5,869,714

  7%

  $5,450,448

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,373,973

  Geo Method

  $8,373,973

• Alternative Use

  Use

  Valuation

  Residential

  $4,951,324

  Hospitality

  $4,535,386

  Educational

  $3,773,388

  Medical

  $3,903,160

  Retail

  $5,869,714

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.24

Longitude

-115.057

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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