12 Sunset WayHenderson, NV 89014

Property Details for 12 Sunset Way

Year built

1986

Construction

CONCRETE

Lot size

1.93 AC

Property size (Sq ft)

23,944 SF

Property type

Retail space

APN

161-32-810-011

APU

16132810011

Description

This exceptional Henderson, Nevada property, Sunset Business Park, offers a prime opportunity for businesses seeking flexible industrial or creative office space. Comprising two single-story buildings totaling 23,944 square feet, this Class B property underwent renovations in 2021, ensuring modern functionality. Currently, 1,159 square feet of space is immediately available, with two units ranging from 1,197 to 1,302 square feet. The property sits on a generous 1.93 acres (84,071 square feet) of land, providing ample room for operations and potential expansion. Built in 1986, the buildings offer a blend of classic structure and updated amenities. Its strategic location provides convenient access to the I-215 Beltway and US-95, placing businesses within easy reach of Harry Reid International Airport, Galleria Mall, and a variety of shopping and dining options. The property's proximity to the renowned Ethel M Chocolate Factory and Cactus Garden adds to its appeal. This multi-tenant property is ideal for businesses seeking a versatile and well-located space in a thriving Henderson community. The available space is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $9,430,910

  6.5%

  $8,705,455

  7%

  $8,083,637

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,088,895

  Geo Method

  $12,088,895

• Alternative Use

  Use

  Valuation

  Residential

  $7,343,378

  Hospitality

  $6,726,494

  Educational

  $5,596,364

  Medical

  $5,788,832

  Retail

  $8,705,455

Location Insight

City

Henderson

County

Clark

State

Nevada

Latitude

36.0722

Longitude

-115.067

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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