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    4425 Spg Mtn Rd Paradise, NV 89102

    • Office buildings
    • 24,402 SF
    • 4.85 lot acres
    For Lease
    View listing
    $27 SF/Yr
    Value Estimation
    $8,855,000
    Last Sale
    May 31, 2023
    $8,500,000
    Location Intelligence
    Property ID
    US62-0397528
    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

    • Wells Fargo Bank / Bank / Atm
    • Las Vegas VIP Services / Tour Agency / Bus Tour Agency
    • Wells Fargo ATM / Atm
    • Wells Fargo Advisors / Investment Service

    Property Details for 4425 Spg Mtn Rd

    Year built
    1990
    Construction
    FRAME
    Lot size
    4.85 lot acres
    Property size
    24,402 SF
    Property type
    Office buildings
    APN
    162-18-201-010
    APU
    16218201010

    Description

    This exceptional 72,536 square foot office campus, located at 4425 W Spring Mountain Rd, Las Vegas, NV 89102, presents a unique investment opportunity. The property comprises three buildings totaling 7 suites across 3 stories, offering flexible spaces ranging from 13,186 to 31,828 contiguous square feet. Currently, 31,828 square feet are vacant, providing significant potential for new tenants. Built in 1990, the buildings feature 10-12' ceilings and boast a convenient 4.3:1000 parking ratio. Amenities include elevators and a connecting subterranean parking garage with 63 spaces. The property benefits from a prime location in the heart of Las Vegas' Chinatown, a bustling area with over 150 restaurants and 20 strip malls, just 1.5 miles from the Las Vegas Strip. The property enjoys high visibility with over 460 feet of frontage on Spring Mountain Road at a signalized intersection, offering multiple signage opportunities. Zoned C-2, this property offers a rare combination of size, location, and flexibility, making it ideal for a variety of businesses. Planned facade and interior renovations in 2024 will further enhance the property's appeal. The property includes three buildings: a two-story, 18,864 SF building

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $9,555,000

    • CAP approach

      CAP return
      Estimation
      6%
      $9,100,000
      6.5%
      $8,255,000
      7%
      $7,610,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $8,115,000
      Geo Method
      $9,085,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $7,280,000
      Retail
      $7,795,000
      Mixed-Use
      $7,920,000
      Hospitality
      $7,490,000
      Educational
      $7,550,000
      Residential Income
      $7,735,000
      Energy
      $9,150,000
      Income-Based Land
      $8,485,000
      Food Service
      $7,275,000

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.2
    Latitude
    36.1256
    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
    $139,199
    $1,148,336
    $4,203,167
    $5,351,503
    -
    $3,280,960
    $12,009,049
    $15,290,009

    Comparable in this City

    • Value Estimation by Request
      168,780 SF

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      OFFICE BUILDING • 168,780 SF
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      View Details
    • Value Estimation by Request
      50,800 SF

      4525 Spg Mtn Rd

      PROFESSIONAL BUILDING • 50,800 SF
      4525 Spg Mtn Rd, Las Vegas, NV 89102-8751
      View Details
    • Value Estimation by Request
      70,938 SF

      2700 Sahara Ave

      OFFICE BUILDING • 70,938 SF
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      View Details
    • Value Estimation by Request
      104,550 SF

      2251 Decatur Blvd

      OFFICE BUILDING • 104,550 SF
      2251 Decatur Blvd, Las Vegas, NV 89102-8586
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    • Value Estimation by Request
      3,500 SF

      1321 Commerce St

      PROFESSIONAL BUILDING • 3,500 SF
      1321 Commerce St, Las Vegas, NV 89102-2530
      View Details
    • Value Estimation by Request
      1,760 SF

      4312 Charleston Blvd

      OFFICE BUILDING • 1,760 SF
      4312 Charleston Blvd, Las Vegas, NV 89102-1635
      View Details

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      4425 Spg Mtn Rd, Paradise, NV 89102
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    Paradise, NV 89102
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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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