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Property profile & analytics

8515 Eastern Ave Las Vegas, NV 89123

  • Strip malls
  • 6,272 SF
  • 1.38 lot acres
For Lease
Last Sale
Dec 29, 2021
$6,800,000
Value Estimations
$7,125,000
Cap Rate Potential
Location Intelligence
Property ID
US62-1306167
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

  • Village Pub & Poker / Restaurant / American Restaurant

Property Details for 8515 Eastern Ave

Year built
2005
Construction
FRAME
Lot size
1.38 lot acres
Property size
6,272 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
177-14-710-003
APU
17714710003

Description

This exceptional 1,248-square-foot inline retail space is located at 8515 S Eastern Ave, Las Vegas, NV 89123, on the highly visible corner of Eastern Avenue and Wigwam. The property is situated in a thriving Southeast Las Vegas submarket, benefiting from exceptional visibility and high traffic counts exceeding 47,300 vehicles daily on Eastern Avenue. Convenient access is provided by the nearby CC-215 freeway, carrying approximately 176,000 vehicles daily. This single-story building offers a prime opportunity for a new business to thrive within a well-established commercial district. The area boasts strong demographics, with over 345,000 residents within close proximity. Current tenants include Village Pub, Check City, and Fuzzy Dice, creating a synergistic retail environment. This space is ideal for a restaurant or other retail operator seeking a location with high visibility and significant foot traffic in a densely populated area. The property is part of a one-building complex. This is a rare opportunity to secure a prominent retail space in a high-demand location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $7,850,000
    ML approach
    $7,890,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $4,956,000
    Market price range: $1.40M - $4.96M

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


Location Insight

  • Map
  • Local Demand
City
Las Vegas
County
Clark
State
Nevada
Longitude
-115.119
Latitude
36.0344
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
$23,821
$382,920
$587,679
$970,599
-
$1,094,057
$1,679,083
$2,773,140
More about this property
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