500 Windmill LnLas Vegas, NV 89123
- Retail properties
- 39,050 SF
Property Details for 500 Windmill Ln
- Year built
- 2008
- Construction
- FRAME
- Lot size
- 4.36 AC
- Property size (Sq ft)
- 39,050 SF
- Property type
- Retail properties
- Property subtype
- Strip malls
- APN
- 177-10-411-001
- APU
- 17710411001
Description
This exceptional retail opportunity is located at 500 E Windmill Ln, Las Vegas, NV 89123, within the highly desirable Southeast Las Vegas submarket. Windmill Lane Plaza is a three-building retail center totaling 49,763 square feet, built in 2008, and featuring 225 parking spaces. The property is zoned C-1 (Local Business) and boasts a prime location at the intersection of Windmill Lane and Bermuda Road, providing excellent visibility and accessibility. Currently, there are multiple spaces available, with a minimum divisible space of 900 square feet and a maximum contiguous space of 1,750 square feet
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $12,127,523
- 6.5%
- $11,194,637
- 7%
- $10,395,020
-
Comparable approach
- Method
- Valuation
- Relative Method
- $19,715,642
- Geo Method
- $19,715,642
-
Alternative Use
- Use
- Valuation
- Residential
- $9,443,095
- Hospitality
- $8,649,824
- Educational
- $7,196,552
- Medical
- $7,444,052
- Retail
- $11,194,637








Location Insight
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Latitude
- 36.0429
- Longitude
- -115.152
- CBSA code
- 29820
- CBSA name
- LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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