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Property profile

3220 Flamingo Rd Las Vegas, NV 89121

OFF-MARKET
Retail space
Property ID
US62-1305090
5,177 SF 0.23 ac lot Built 1998
Last sale Jun 2024 · $24,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional retail investment opportunity, Renaissance III Retail Center, presents 124,934 square feet of vacant space within a 225,748-square-foot, six-building complex situated on 22.99 acres of land in Las Vegas, Nevada. Located at 3220 E Flamingo Rd, at the Northwest corner of Flamingo Road and Pecos Road, this Class B property boasts a prime location with combined daily traffic counts exceeding 62,200 vehicles. The property features a diverse tenant mix, including the Department of…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value · 2024$230k
Assessed land$39k
Assessed improvement$191k
Effective rate2.07%

Value estimate

· Oct 2026
$255k
$230k – $281k
CAP approach$1.07M

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$374/SF
Submarket average, outlier-cleaned · 274 recorded sales of this use type
Observed band · Q1–Q3$191 – $622
Qualifying comparables12

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCLARK

Location intelligence

Which uses thrive at this corner?
Best fit: Bakery
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bakery10.8
Daycare Center10.5
Laundry Service9.8

Location

3220 Flamingo Rd Las Vegas, NV 89121-7448
County assessor Recorded deeds · 8 transfers 12 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3680 Flamingo, Las Vegas, NV 89121-4900 $1,545,000 Jan 2025 4,574 SF
3225 Desert Inn, Las Vegas, NV 89121-3303 $1,500,000 Jan 2024 2,838 SF
2605 Flamingo, Las Vegas, NV 89121-5241 $1,250,000 Jan 2023 7,000 SF
3285 Nellis, Las Vegas, NV 89121-2011 $666,058 Apr 2022 2,914 SF
2625 Desert Inn, Las Vegas, NV 89121-3618 $1,575,000 Aug 2021 3,166 SF
3820 Desert Inn, Las Vegas, NV 89121 $2,000,000 Aug 2020 4,312 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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