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Property profile & analytics
OFF-MARKET
Banks

3625 Russell Rd Las Vegas, NV 89118-2424

4,429 SF 1.06 ac lot Built 1999
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US62-1297129
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1999
Construction FRAME
Total area 4,429 SF
Lot 1.06 ac (46,174 SF)
APN 162-32-101-004
UPID US62-1297129
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Magnolia Ents LLC · 11 yrs held
Magnolia Ents LLC
since 2015
7 recorded transactions
2016
Price N/A
2015
$3.2M
2010
$3.5M
2008
$4.0M
2007
$1.6M
1998
$650,000
1998
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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