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Property profile & analytics

1375 Tropicana Ave Las Vegas, NV 89119-6547

  • Turn key restaurants
  • 8,794 SF
  • 1.28 lot acres
OFF-MARKET
Last Sale
Feb 14, 2025
$3,230,000
Value Estimations
$2,360,000
Cap Rate Potential
Location Intelligence
Property ID
US62-0469460
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

  • Mountain West Eatery Tropicana / Restaurant

Property Details for 1375 Tropicana Ave

Year built
1992
Construction
FRAME
Lot size
1.28 lot acres
Property size
8,794 SF
Property type
Turn key restaurants
APN
162-26-101-005
APU
16226101005

Description

This exceptional 8,794 square foot, single-tenant restaurant building presents a remarkable opportunity for food service businesses. Located at 1375 E Tropicana Ave, this property boasts a prime location near the intersection of E Tropicana Ave and S Maryland Pkwy, enjoying high visibility with approximately 75,000 combined cars passing daily. Its proximity to UNLV and the Thomas & Mack Center ensures a built-in customer base. Situated just 1.8 miles east of the Las Vegas Strip and near Harry Reid International Airport, this location offers unparalleled accessibility. The property features a fully equipped kitchen, including a hood system, grease trap, and large walk-in cooler(s). A large pylon sign opportunity further enhances visibility. Ample parking is available with a 10:1 ratio. This former Macayo's location is a second-generation restaurant space ready for immediate occupancy. The property sits on 1.28 acres of land and was built in 1992. The zoning is CG. The APN is 162-26-101-005. There is potential for expansion by combining this parcel with the adjacent property at 1395 E Tropicana Ave, increasing the land size to approximately 2.05 acres and the frontage on Tropicana Avenue to approximately 215 linear feet. This presents a unique opportunity for larger-scale development. The building is one story and has no elevators.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Las Vegas
County
Clark
State
Nevada
Longitude
-115.135
Latitude
36.1003
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
$17,664
$234,179
$469,058
$703,237
-
$669,083
$1,340,166
$2,009,249
More about this property
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