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    4856 S Maryland Pkwy Las Vegas, NV 89119
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    Property profile & analytics

    4856 S Maryland Pkwy, Las Vegas, NV 89119

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    • Grocery and convenience stores
    • 3,424 SF
    • 0.47 lot acres
    Retail Endcap Near University For Lease
    $1,410,000
    2,000 SF

    Retail Endcap Near University

    2,000 SF endcap in high-traffic university area.

    4856 S Maryland Pkwy, Las Vegas, NV
    View Listing
    Property ID
    US62-0345156
    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
    $1,410,000
    Cap Rate Potential
    5.6%
    Grocery and convenience stores
    Location Intelligence

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 4856 S Maryland Pkwy

    Year built
    1976
    Construction
    FRAME
    Lot size
    0.47 lot acres
    Property type
    Grocery and convenience stores
    APN
    162-23-403-001
    APU
    16223403001

    Description

    This exceptional 3,289 square foot retail property, located at 4856 S Maryland Parkway in Las Vegas, Nevada (zip code 89119), presents a unique investment opportunity. Situated on a 0.47-acre lot, this Class B building boasts a single story with 19 total parking spaces. Currently undergoing a complete renovation (completed in 2024), the property is anticipated to be ready for occupancy in Q3 2025. The building features two suites, with one already leased to Buffalo Wild Wings GO. A significant 2,000 square feet of vacant space remains available, ideal for a variety of uses including flex space, quick-service restaurants (QSR), dental practices, or mixed-use businesses. The property is zoned C-G Commercial General and benefits from high visibility and pylon signage opportunities along Maryland Parkway, just north of the Tropicana/Maryland intersection. The minimum divisible space is 2,000 square feet. The property's Asset Property Number (APN) is 162-23-403-001, and it's conveniently located in the UNLV submarket. The building was originally constructed in 1976. This is a fantastic chance to secure a renovated space in a high-traffic area with excellent visibility.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,475,000
      ML approach
      $1,475,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,380,000
      6.5%
      $1,275,000
      7%
      $1,185,000
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,485,000
      Current use
      COMMERCIAL (GENERAL)
      $2,165,000
      Change: +46% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,900,000
      Change: +28% Conversion: Difficult
      WAREHOUSE, STORAGE
      $1,615,000
      Change: +9% Conversion: Difficult
      RETAIL STORES
      $1,280,000
      Change: -14% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.137
    Latitude
    36.1021
    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
    $4,747
    $85,987
    $62,287
    $148,274
    -
    $245,677
    $177,963
    $423,640
    View Listing
    More about this property
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