4440 Maryland PkwyLas Vegas, NV 89119

  • Retail properties
  • 36,900 SF
For Lease
$51/SF/YR View listing

Property Details for 4440 Maryland Pkwy

Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.00 AC
Property size (Sq ft)
36,900 SF
Property type
Retail properties
Property subtype
Strip malls
APN
162-23-204-001
APU
16223204001

Description

This exceptional Class A retail property, located at 4440 S. Maryland Pkwy, Las Vegas, NV 89119, offers a significant investment opportunity. Situated on 3.37 acres of land at the northeast corner of Maryland Parkway and Harmon Avenue, this two-building complex boasts a total of 830,000 square feet and comprises 7 suites across 16 one-story buildings. Currently, there are 23,349 square feet of vacant space available, with minimum divisible units starting at 1,300 square feet and ranging up to 6,428 square feet. The property features ample parking with 961 spaces available for tenants and customers. The property's location within the planned Campus Village mixed-use development offers high visibility and accessibility, making it an ideal location for a variety of retail businesses. The property's APN is 162-23-204-001, 162-23-204-003, and 162-23-204-004. This is a rare opportunity to secure retail space in a thriving Las Vegas location with significant potential for growth. The property is designed to accommodate multiple tenants, offering flexibility for businesses of various sizes. Contact us today to learn more about this outstanding investment opportunity.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,725,254
    6.5%
    $9,900,234
    7%
    $9,193,075
  • Comparable approach

    Method
    Valuation
    Relative Method
    $18,630,146
    Geo Method
    $18,630,146
  • Alternative Use

    Use
    Valuation
    Residential
    $8,351,218
    Hospitality
    $7,649,670
    Educational
    $6,364,436
    Medical
    $6,583,319
    Retail
    $9,900,234
4440 Maryland Pkwy, Las Vegas, Nevada
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Location Insight

City
Las Vegas
County
Clark
State
Nevada
Latitude
36.1088
Longitude
-115.137
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
$9,391
$365,904
-
$365,904
-
$1,045,440
-
$1,045,440

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