3085 Flamingo RdLas Vegas, NV 89121

Property Details for 3085 Flamingo Rd

Year built

1992

Lot size

0.68 AC

Property size (Sq ft)

8,334 SF

Property type

Healthcare properties

Property subtype

Other retail properties

Description

This single-story, 8,334-square-foot medical office building in Las Vegas, Nevada presents a compelling value-add investment opportunity. Located at 3085 E Flamingo Rd, in Clark County, zip code 89121, this Class B property, built in 1992 and renovated in 2016, sits on a 0.68-acre lot and offers ample parking (3.51 spaces per 1,000 sq ft, totaling 29 uncovered spaces). Currently, the occupancy rate is 22.6% across its two units. The asking price is $2,222,222, translating to $266.64 per square foot. The property is zoned Commercial General (CG) and features a storefront design, making it suitable for a variety of uses. Previous use as medical professional office space suggests potential for similar tenants. The property is well-situated in a mature and affluent area of Central East Las Vegas, offering excellent visibility and accessibility. SBA 504(b) financing may be available with a 10% down payment (subject to occupancy requirements exceeding 4,250 sq ft). This property is ideal for owner-users or investors seeking to increase occupancy and value. The property's APN is 162-24-513-003.

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.1146

Longitude

-115.108

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