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Property profile & analytics
OFF-MARKET Estimated value $575,000
Day care centers

3412 Decatur Blvd Las Vegas, NV 89102-8150

2,937 SF 0.45 ac lot Built 1959
Entity Owned 5-yr Hold Free & Clear
Property ID
US62-0344381
Property summary
AI-generated overview

This exceptional 2.38-acre commercial land parcel presents a unique redevelopment opportunity in the heart of Las Vegas' Chinatown. Located at 3412 S Decatur Blvd, this C-2 zoned property boasts excellent visibility and high traffic counts exceeding 93,000 cars per day. Its prime location offers unparalleled access to the vibrant energy of Chinatown, a historically high-barrier-to-entry market, while also being less than 2.5 miles from the Las Vegas Strip, placing it within easy reach of major attractions including the new convention center expansion, The Fashion Show mall, Wynn, Encore, Resorts World, and The Venetian/Palazzo. The site is ideal for freestanding pad development, catering to a diverse range of commercial uses. The surrounding area demonstrates strong economic indicators, with average household incomes exceeding $76,765 within a 3-mile radius. This property is available for sale or ground lease, presenting a compelling investment opportunity for developers seeking a high-impact location in one of Las Vegas' most dynamic and rapidly growing areas. The property's address is 3412 S Decatur Blvd, Las Vegas, NV 89102. The asking price is $5,000,000.

Property profile
Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1959
Construction FRAME
Total area 2,937 SF
Lot 0.45 ac (19,602 SF)
APN 162-18-110-030
UPID US62-0344381
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$590k
CAP Approach CAP
by Request
Comparable Approach Comparable
$698k
Blend (final) Blend
$575k
Owner & transaction history
Isabelle Investments LLC · 5 yrs held
Isabelle Investments LLC
since 2021
Last sale
$500,000
1 recorded transaction
2021
$500,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $880,000 +2.0%
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