3625 Russell Rd Las Vegas, NV 89118-2424
This exceptional 5,513-square-foot retail property in Southwest Las Vegas presents a unique investment opportunity. Situated on a 1.06-acre lot at 3625 W Russell Rd, near Valley View Blvd, this single-tenant building boasts a Class B designation and was constructed in 1999. The property features 42 parking spaces and is zoned MD. The building, previously a bank, includes a vault and offers significant potential for redevelopment or continued use as a retail space. The site is strategically located adjacent to Raider Stadium within the Stadium District overlay, providing high visibility and accessibility. This is an absolute net lease opportunity with a fixed annual rent of $300,000. Strong financial qualifications are required. The property's 0.12 building FAR and 1-story design offer flexibility for future development. The property includes a Matterport virtual tour for detailed viewing. This is an exceptional opportunity for a discerning investor seeking a prime retail location in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.