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Property profile & analytics
OFF-MARKET Estimated value $8,470,000
Strip malls

8665 Flamingo Rd Las Vegas, NV 89147-8621

46,324 SF 3.15 ac lot Built 1998
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US62-0072585
Property summary
AI-generated overview

This exceptional 7,220 square foot retail strip center, located at 8665 W Flamingo Rd in Las Vegas, Nevada, presents a unique investment opportunity. Built in 1998, the single-story building sits on a 3.15-acre lot and is currently 100% vacant, offering complete flexibility for a single tenant or multiple tenants. The minimum divisible space is 1,220 square feet, with a maximum contiguous space of 6,000 square feet. The property boasts excellent visibility and accessibility, situated on the busy southwest corner of West Flamingo Road and South Durango Road, with strong traffic counts of 34,000 cars per day on Flamingo and 28,000 cars per day on Durango. Its convenient location offers proximity to the 215 Beltway, McCarran International Airport (9 miles), and the Las Vegas Strip (6 miles). The property features ample parking and is zoned C-2 (General Commercial), catering to a wide range of retail uses. The property includes an elevator. Clark County APN is 163-20-503-013. This prime location within a high-density residential area ensures a strong customer base. The property offers significant potential for a variety of retail businesses seeking high visibility and convenient access to major transportation routes and a large population base. This is an ideal opportunity for an investor or business owner looking to establish a presence in a thriving Las Vegas market.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1998
Construction FRAME
Total area 46,324 SF
Lot 3.15 ac (137,214 SF)
APN 163-20-503-013
UPID US62-0072585
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
  • Sweet Nails Nail Salon
  • All About Beautiful Smiles Dental Office
  • Chameleon Application Software (Bike/Boat/Book/etc) Store Corporate Office
  • Altamit Lewis, LCPC Medical Clinic
  • Elk Horn Ranch Co Ranch
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.47M
Owner & transaction history
Mychia Properties LLC · 10 yrs held
Mychia Properties LLC
since 2016
7 recorded transactions
2016
$6.8M
2005
$9.2M
2005
$8.0M
1996
$1.3M
1993
$13,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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