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    1700 S Las Vegas Blvd Las Vegas, NV 89104
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    Property profile & analytics

    1700 S Las Vegas Blvd, Las Vegas, NV 89104

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    • Grocery and convenience stores
    • 17,600 SF
    • 1.48 lot acres
    Arts District Redevelopment Opportunity For Sale
    $9,990,000
    25,255 SF

    Arts District Redevelopment Opportunity

    Land in Las Vegas Arts District, opportunity zone benefits.

    1700 S Las Vegas Blvd, Las Vegas, NV 89104
    View Listing
    Property ID
    US62-0811649
    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.

    Value Estimations
    Cap Rate Potential
    8.1%
    Grocery and convenience stores
    Location Intelligence

    Current Use by Public Records

    • White Cross Administrative Office / Corporate Office

    Property Details for 1700 S Las Vegas Blvd

    Year built
    1955
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.48 lot acres
    Property type
    Grocery and convenience stores
    APN
    162-03-302-009
    APU
    16203302009

    Description

    56 Wells Street presents a unique opportunity to lease exceptional office space in a professional building. This single-tenant property offers a flexible layout suitable for various business needs, including traditional office, executive office, flex space, or even medical office uses. The building boasts a total of 28,314 square feet of land and comprises one two-story building with ample parking (20 spaces). The interior features two convenient conference rooms, ensuring seamless collaboration and client meetings. The space is fully handicap accessible, promoting inclusivity and convenience. All utilities are included in the rent, excluding phone service, simplifying budgeting and administration. This is an ideal location for businesses seeking a professional environment with the added benefit of networking opportunities with other established professionals in the building. Schedule a viewing today to explore the possibilities of establishing your business at this prime location. The property is available by appointment only.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $4,890,000
      ML approach
      $5,040,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $6,620,000
      6.5%
      $6,115,000
      7%
      $5,675,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $6,107,000
      Market price range: $2.97M - $6.11M
      AI Estimate
      $3,098,000
      Market price range: $673k - $3.10M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $4,345,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $7,640,000
      Change: +76% Conversion: Moderate
      INDUSTRIAL (GENERAL)
      $5,210,000
      Change: +20% Conversion: Difficult
      MEDICAL BUILDING
      $4,845,000
      Change: +12% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $4,465,000
      Change: +3% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.153
    Latitude
    36.1508
    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
    $20,839
    $1,303,080
    $346,095
    $1,649,175
    -
    $3,723,086
    $988,843
    $4,711,929
    View Listing
    More about this property
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