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    4480 Paradise Rd Las Vegas, NV 89169-6532
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    Property profile & analytics

    4480 Paradise Rd, Las Vegas, NV 89169-6532

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    • Strip malls
    • 16,519 SF
    • 5.27 lot acres
    Off-Market
    Last Sale May 1, 2025
    $46,350,000
    Property ID
    US62-0029656
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Joe's New York Pizza Paradise Road / Restaurant
    • Azuza Hookah Lounge / Bar & Pub / (Bike/Boat/Book/etc) Store
    • Paradise Cantina / Restaurant
    • Strip Nails / Nail Salon
    • Gangnam Asian BBQ Dining / Korean Barbecue Restaurant / Asian Fusion Restaurant

    Property Details for 4480 Paradise Rd

    Year built
    2005
    Construction
    FRAME
    Lot size
    5.27 lot acres
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    162-22-202-007
    APU
    16222202007

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 31, 2025 $46,350,000 Benjo LLC Eagle Paradise LLC Bargain & Sale Deed $27.9M · City National Bank
    Apr 27, 2018 — Ld Acquisition Company15 LLC — Grant Deed · related $70M · Texas Cap Bk
    Apr 10, 2006 $32,000,000 Paradise Esplanade Eagle LLC Cypress Of Las Vegas I Grant Deed —
    Jan 26, 2006 — Cypress/las Vegas I LP Brian Parro Bargain And Sale Deed $23.5M · Goldman Sachs Commercial Mtg Capital LP
    May 26, 2004 $237,940 Clark County (nv) Carlyle/cypress Vegas LLC Grant Deed —
    Nov 12, 2003 $10,800,000 Carlyle Cypress Vegas LLC Mitsubishi Motors North Americ Trustees Deed $12.7M · Compass Bank
    Nov 12, 2003 — Carlyle Cypress Vegas LLC Autonation INC Quit Claim Deed · related —
    Jul 24, 1997 $9,950,000 Motor Sales America Mitsubishi Value Rent-a-car Grant Deed —
    May 23, 1990 $10,708,620 M M S A Real Property Corp Unknown Grant Deed —
    — — Scp 2004e-549 LLC — Deed Of Trust · related $2.4M · Wells Fargo Bank Northwest NA
    — — Paradise Esplanade Eagle LLC — Deed Of Trust · related $23M · Gs Mtg Secs Corp II 2006-gg8

    Description

    Paradise Esplanade offers a rare opportunity to lease retail or restaurant space in a highly desirable Las Vegas location. This two-building, single-story complex boasts 58,535 square feet of space, with 6,345 square feet currently vacant. Units range from a minimum of 1,500 square feet to a maximum contiguous space of 4,845 square feet, making it suitable for a variety of businesses. The property features 315 parking spaces and is situated on a 5.27-acre lot at the highly visible northeast corner of Paradise Road and Harmon Avenue, between the Virgin Hotel and Casino and the UNLV campus. This prime location benefits from high traffic counts (approximately 79,300 cars daily) and excellent visibility from three major roadways. The property is zoned C2 and includes pylon signage opportunities, with a future digital pylon planned. Existing tenants include CVS, Famous Dave's, and Ferraro's Italian Restaurant & Wine Bar. The property's proximity to the Las Vegas Strip, Harry Reid International Airport, UNLV, the Las Vegas Convention Center, T-Mobile Arena, and Allegiant Stadium ensures a large and diverse customer base. A creative drive-thru opportunity may also be available. This is a historically low-vacancy property in the heart of Las Vegas's vibrant entertainment and dining scene. The property's address is 4480 Paradise Rd, Las Vegas, NV 89109, with APN 162-22-202-007. Built in 2005, the property consists of 20 total suites.


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    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.151
    Latitude
    36.1089
    CBSA code
    29820
    CBSA name
    LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $102,129
    $2,550,997
    $2,937,958
    $5,488,955
    -
    $7,288,563
    $8,394,166
    $15,682,729
    More about this property
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