Property profile

4440 Maryland Pkwy Las Vegas, NV 89119

OFF-MARKET
Strip malls
Property ID
US62-0396213
36,900 SF 2 ac lot Built 1978
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A retail property, located at 4440 S. Maryland Pkwy, Las Vegas, NV 89119, offers a significant investment opportunity. Situated on 3.37 acres of land at the northeast corner of Maryland Parkway and Harmon Avenue, this two-building complex boasts a total of 830,000 square feet and comprises 7 suites across 16 one-story buildings. Currently, there are 23,349 square feet of vacant space available, with minimum divisible units starting at 1,300 square feet and ranging up to 6,428 square feet. The property features ample parking with 961 spaces available for tenants and customers. The property's location within the planned Campus Village mixed-use development offers high visibility and accessibility, making it an ideal location for a variety of retail businesses. The property's APN is 162-23-204-001, 162-23-204-003, and 162-23-204-004. This is a rare opportunity to secure retail space in a thriving Las Vegas location with significant potential for growth. The property is designed to accommodate multiple tenants, offering flexibility for businesses of various sizes. Contact us today to learn more about this outstanding investment opportunity.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1978
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 36,900 SF
Lot 2 ac (87,120 SF)
APN 162-23-204-001
UPID US62-0396213

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building
  • Home Health Care Service

Location

4440 Maryland Pkwy Las Vegas, NV 89119-7527
Las Vegas metro Census 2506 LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$9.22M
CAP Approach CAP
$13.73M
Comparable Approach Comparable
by Request
Blend (final) Blend
$14.37M

Owner & transaction history

since 2022
Last sale
$18.5M
7 recorded transactions
2022
$18.5M
2022
Price N/A
2021
Price N/A
2017
$5.5M
1996
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $23.3M +45.7%
Auto repair, garage $20.5M +27.9%
Warehouse, storage $17.4M +8.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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