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    8515 S Eastern Ave Las Vegas, NV 89123

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    Property profile & analytics

    8515 S Eastern Ave Las Vegas, NV 89123


    • Strip malls
    • 6,272 SF
    • 1.38 lot acres
    Restaurant Space in Established Area For Lease
    $6,860,000
    1,248 SF

    Restaurant Space in Established Area

    Restaurant space with high visibility and traffic in Las Vegas.

    8515 S Eastern Ave, Las Vegas, NV 89123
    View Listing
    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.

    Value Estimations
    $6,860,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Village Pub & Poker / Restaurant

    Property Details for 8515 S Eastern Ave

    Year built
    2005
    Construction
    FRAME
    Lot size
    1.38 lot acres
    Property size
    6,272 SF
    Property type
    Strip malls
    Property subtype
    Shopping 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
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $4,520,000

    Get a detailed, property-specific estimation — 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
    View Listing
    More about this property
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