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    Property profile & analytics

    4825 Flamingo Rd Las Vegas, NV 89103-3732

    • Strip malls
    • 24,530 SF
    • 2.08 lot acres
    OFF-MARKET
    Value Estimation
    $745,000
    Location Intelligence
    Property ID
    US62-0208554
    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.

    Current Use by Public Records

    • #1 Foot Reflexology / Reflexologist
    • Bangkok Thai Spa Las Vegas / Massage Spa
    • Liqueur De Xo / Liquor Store
    • Luhena Restaurant and Bar / Ethiopian Restaurant / East African Restaurant
    • Bangkok Market / Asian Grocery Store / Grocery Store

    Property Details for 4825 Flamingo Rd

    Year built
    1986
    Construction
    FRAME
    Lot size
    2.08 lot acres
    Property size
    24,530 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    162-19-101-002
    APU
    16219101002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $780,000

    • CAP approach

      CAP return
      Estimation
      6%
      $705,000
      6.5%
      $810,000
      7%
      $735,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $715,000
      Geo Method
      $800,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $815,000
      Retail
      $640,000
      Mixed-Use
      $705,000
      Hospitality
      $700,000
      Educational
      $760,000
      Residential Income
      $845,000
      Energy
      $780,000
      Income-Based Land
      $695,000
      Food Service
      $705,000

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.207
    Latitude
    36.1148
    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
    $29,198
    $515,316
    $635,009
    $1,150,325
    -
    $1,472,331
    $1,814,311
    $3,286,642

    Comparable in this City

    • Value Estimation
      $7,555,000
      11,520 SF

      6680 Flamingo Rd

      SHOPPING CENTER, STRIP CENTER • 11,520 SF
      6680 Flamingo Rd, Las Vegas, NV 89103-2189
      View Details
    • Value Estimation
      $7,635,000
      11,520 SF

      6620 Flamingo Rd

      SHOPPING CENTER, STRIP CENTER • 11,520 SF
      6620 Flamingo Rd, Las Vegas, NV 89103-2177
      View Details
    • Value Estimation
      $350,000
      0.33 Acres

      Las Vegas, NV 89103

      SHOPPING CENTER, STRIP CENTER • 0.33 Acres
      Las Vegas, NV 89103
      View Details
    • Value Estimation by Request
      9,600 SF

      5940 Flamingo Rd

      SHOPPING CENTER, STRIP CENTER • 9,600 SF
      5940 Flamingo Rd, Las Vegas, NV 89103-0109
      View Details
    • Value Estimation
      $580,000
      5,222 SF

      4515 Dean Martin Dr

      SHOPPING CENTER, STRIP CENTER • 5,222 SF
      4515 Dean Martin Dr, Las Vegas, NV 89103-4111
      View Details
    • Value Estimation
      $2,605,000
      48,300 SF

      3650 Decatur Blvd

      SHOPPING CENTER, STRIP CENTER • 48,300 SF
      3650 Decatur Blvd, Las Vegas, NV 89103-5864
      View Details

    Similar Nearby for Sale

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      5,191 SF

      Panorama Towers Ground Floor Retail

      Prime Las Vegas Restaurant/Storefront
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      Las Vegas Retail Opportunity

      Retail property for sale in Las Vegas, Nevada.
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      Retail Anchor Space For Sale

      27,574 SF anchor space on 2.83 acres.
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      51,776 SF

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      ±51,776 SF Warehouse on 3.19 Acres
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    • $790,000
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      Las Vegas High-Rise Condo

      High-floor condo with Strip views, modern amenities, and convenient parking.
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      Corner unit with strip and mountain views, resort-style amenities.
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    Similar Nearby for Lease

    • $2.00 SF/Yr
      2,400 SF

      Renovated Retail and Office Center

      High-visibility retail and office space in thriving commercial environment.
      6370 W Flamingo Rd, Las Vegas, NV 89103
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space in Spring Valley

      Dominant shopping center with high visibility and strong co-tenancy.
      3615-3675 S Rainbow Blvd, Las Vegas, NV 89103
      View Details
    • $1.20 SF/Yr
      27,603 SF

      Vibrant Retail Destination Near Strip

      Retail destination near the Strip with high visibility and traffic.
      4265 S Arville St, Las Vegas, NV 89103
      View Details
    • Contact for pricing
      1,500 SF

      Las Vegas Retail Space Available

      Retail space in a high-traffic Las Vegas shopping center.
      3125 E Tropicana Ave, Las Vegas, NV 89103
      View Details
    • Contact for pricing
      1,500 SF

      Las Vegas Retail Space Available

      Retail space in a high-traffic Las Vegas shopping center.
      5075 E Tropicana Ave, Las Vegas, NV 89103
      View Details
    • $17 SF/Yr
      27,558 SF

      Decatur Blvd Retail Warehouse Space

      9,300 SF Retail/Warehouse, Great Location
      4740 Decatur Blvd, Las Vegas, NV 89103
      View Details
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    Las Vegas, NV 89103-3732
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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