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    Property profile & analytics

    2341 Rainbow Blvd Las Vegas, NV 89108

    • Turn key restaurants
    • 7,266 SF
    • 0.42 lot acres
    For Lease
    View listing
    Value Estimation
    Last Sale
    Jul 21, 2020
    Location Intelligence
    Property ID
    US62-0539032
    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

    • DURANGO TACO SHOP #4 / Mexican Restaurant

    Property Details for 2341 Rainbow Blvd

    Year built
    1997
    Construction
    FRAME
    Lot size
    0.42 lot acres
    Property size
    7,266 SF
    Property type
    Turn key restaurants
    APN
    138-22-612-001
    APU
    13822612001

    Description

    This 1.15-acre retail pad, located at 2341 N Rainbow Blvd, Las Vegas, NV 89108, offers a prime opportunity for sale or lease. Built in 1997 and zoned Limited Commercial District (C-1), the property boasts excellent visibility on Rainbow Blvd. and N. Rainbow Blvd. & W. Smoke Ranch Rd., benefiting from high traffic counts on US-95 Freeway (approx. 161,000 vehicles per day) and Rainbow Blvd. (approx. 19,000 vehicles per day). The single-tenant pad presents options for ground lease or build-to-suit development, including the possibility of a drive-thru. High-impact signage opportunities are available. This location is within a well-established, densely populated trade area, anchored by notable businesses such as AMC Theatres, Hobby Lobby, Barnes & Noble, and Cost Plus. APN: 138-22-514-010. Contact for sale price.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.242
    Latitude
    36.1981
    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
    $12,106
    $91,567
    $332,295
    $423,862
    -
    $261,620
    $949,414
    $1,211,034

    Comparable in this City

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      $945,000
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      2081 Decatur Blvd

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      $265,000
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      1600 Jones Blvd, Unit 110

      RESTAURANT • 1,452 SF
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      2,560 SF

      6181 Lk Mead Blvd

      RESTAURANT • 2,560 SF
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      0.40 Acres

      1631 Decatur Blvd

      RESTAURANT • 0.40 Acres
      1631 Decatur Blvd, Las Vegas, NV 89108-2292
      View Details
    • Value Estimation
      $325,000
      2,298 SF

      Las Vegas, NV 89108

      RESTAURANT • 2,298 SF
      Las Vegas, NV 89108
      View Details
    • Value Estimation by Request
      3,473 SF

      2160 Rainbow Blvd

      RESTAURANT • 3,473 SF
      2160 Rainbow Blvd, Las Vegas, NV 89108-7365
      View Details

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    Similar Nearby for Lease

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      Retail Space on Rainbow Boulevard

      4,800 square feet of retail space available for rent.
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    • $1.00 SF/Yr
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      Rainbow Promenade Retail Pad

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      View Details
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    2341 Rainbow Blvd
    Las Vegas, NV 89108
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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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