1955 Casino DrLaughlin, NV 89029

  • Strip malls
  • 0.51 AC

Property Details for 1955 Casino Dr

Lot size
0.51 AC
Property type
Strip malls
Property subtype
Neighborhood centers
APN
264-13-601-004
APU
26413601004

Description

This two-story, 256,741-square-foot shopping center, located at 1955 S Casino Dr, Laughlin, NV 89029, presents a significant value-add opportunity. Situated on 10.79 acres in Clark County, this multi-tenant property boasts prominent exposure to ten casinos and 3,100 hotel rooms within walking distance. Built in 1996, the center features Commercial Resort (CR) zoning and offers covered parking. Currently at 33.39% occupancy, this NNN-leased property presents a chance to capitalize on the upside potential through lease-up of available spaces. The property benefits from its location in Laughlin's gaming and entertainment district, with main street visibility and signage. The recent opening of a new $60 million bridge connecting Bullhead City and Laughlin further enhances its accessibility and appeal. The property's APN is 264-13-201-003, 264-13-601-003, and 264-13-601-004. This is a rare chance to acquire a well-positioned asset at below-replacement cost in a thriving tourist destination, one hour south of Las Vegas. The property's previous tenants included notable names such as Family Dollar, Burke's Outlet, and Stadium 9 Cinemas.

Location Insight

City
Laughlin
County
Clark
State
Nevada
Latitude
35.1617
Longitude
-114.575
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
$1,720
$51,319
-
$51,319
-
$146,626
-
$146,626

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