818 Stewart AveLas Vegas, NV 89101

Property Details for 818 Stewart Ave

Year built

1963

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.10 AC

Property size (Sq ft)

2,848 SF

Property type

Retail properties

Property subtype

Retail space

APN

139-34-612-041

APU

13934612041

Description

This exceptional 2,000-square-foot creative office space in Las Vegas, Nevada, presents a unique leasing opportunity. Located at 818 Stewart Avenue, this second-floor suite boasts a private entrance, enhancing privacy and security. The layout includes two private offices, a spacious open work area ideal for collaborative projects, a convenient breakroom/kitchenette, and a private restroom. The entire building is secured with a state-of-the-art monitoring system, featuring keypad entry and 24/7 surveillance from 16 cameras, providing peace of mind for tenants. Parking is readily available, with up to nine spaces potentially available in the gated lot, supplemented by ample street parking and a nearby paid lot ($30/month). Common area maintenance (CAM) charges are $0.54 per square foot, which includes electricity, offering predictable and manageable operating costs. This property is situated in Clark County, Nevada, with the precise address being 818 Stewart Ave, Las Vegas, NV 89101. The property is categorized as both Creative and Executive Office space, making it suitable for a variety of businesses. This is a multi-tenant building, offering a vibrant and collaborative work environment.

• CAP approach

  CAP return

  Valuation

  6%

  $987,897

  6.5%

  $911,905

  7%

  $846,769

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,437,904

  Geo Method

  $1,437,904

• Alternative Use

  Use

  Valuation

  Residential

  $769,226

  Hospitality

  $704,607

  Educational

  $586,224

  Medical

  $606,386

  Retail

  $911,905

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.1695

Longitude

-115.135

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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