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Property profile & analytics
OFF-MARKET Estimated value $2,540,000
Strip malls

650 Horizon Dr Henderson, NV 89015-8491

12,272 SF 1.36 ac lot Built 1999
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US62-0068245
Property summary
AI-generated overview

This prime 13,980 square foot Class A retail strip center is located at 650 E Horizon Dr, Henderson, NV 89015. Built in 1999, the single-story building sits on a 1.36-acre lot and is zoned CN. The property boasts excellent visibility and accessibility, with convenient access from College Drive and Horizon Drive, providing easy access from both Boulder City and Henderson/Las Vegas. Currently, there is 2,080 square feet of vacant space available, perfect for a variety of retail uses. The center is situated in an established area of Henderson, near the College of Southern Nevada, ensuring a strong customer base. The property benefits from high traffic counts and is surrounded by strong national tenants and residential neighborhoods. This presents a unique investment opportunity in a thriving retail market. The property features a total of 13,980 square feet, with one building. The property's location offers significant advantages for businesses seeking high visibility and convenient access for customers. This is an exceptional opportunity to acquire a well-located retail property in a high-growth area.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1999
Construction FRAME
Total area 12,272 SF
Lot 1.36 ac (59,242 SF)
APN 179-29-501-006
UPID US62-0068245
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
Current use
Occupant on record · Public records
  • Bitcoin ATM Henderson - Coinhub Atm Currency Exchange Service
  • J Hair Salon Hair Salon Nail Salon
  • J Hair Salon Henderson Hair Salon
  • Beauty Nail Salon Nail Salon
  • CoinFlip Bitcoin ATM Atm Currency Exchange Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.33M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.54M
Owner & transaction history
M & L Center LLC · 4 yrs held
M & L Center LLC
since 2022
Last sale
$2.8M
7 recorded transactions
2022
Price N/A
2022
$2.8M
2021
Price N/A
2016
Price N/A
2016
$1.2M
2005
Price N/A
2005
$2.1M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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