5615 Losee RdNorth Las Vegas, NV 89086

Property Details for 5615 Losee Rd

Year built

2008

Construction

FRAME

Lot size

0.67 AC

Property size (Sq ft)

4,977 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

124-26-817-004

APU

12426817004

Description

This 5,000 square foot, single-tenant retail space is located in the Losee Plaza, a neighborhood center in North Las Vegas, Nevada. Built in 2008, this Class B property boasts a prime location at the signalized intersection of Losee Road and Ann Road in Clark County. The building is a single-story structure zoned PUD, offering excellent visibility and accessibility. The space features a former fitness center build-out with an open floor plan, providing flexibility for various uses. The property benefits from high daily traffic counts exceeding 25,000 vehicles and is surrounded by a dense residential population. This presents a strong opportunity for businesses seeking high visibility and convenient access to a substantial customer base. The property is part of a larger retail plaza totaling approximately 20,000 square feet, offering strong co-tenancy with daily service businesses. The address is 5615 Losee Rd, North Las Vegas, NV 89086. This exceptional retail space is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $1,908,117

  6.5%

  $1,761,339

  7%

  $1,635,529

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,512,798

  Geo Method

  $2,512,798

• Alternative Use

  Use

  Valuation

  Residential

  $1,485,755

  Hospitality

  $1,360,944

  Educational

  $1,132,289

  Medical

  $1,171,230

  Retail

  $1,761,339

Location Insight

City

North Las Vegas

County

Clark

State

Nevada

Latitude

36.2617

Longitude

-115.118

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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