3225 Rainbow BlvdLas Vegas, NV 89146

Property Details for 3225 Rainbow Blvd

Year built

2000

Construction

FRAME

Lot size

0.65 AC

Property size (Sq ft)

11,050 SF

Property type

Office buildings

APN

163-10-814-009

APU

16310814009

Description

This exceptional Las Vegas office property, located at 3225 S Rainbow Blvd, near Rainbow and Desert Inn, offers multiple suite options in a Class B building. Built in 2000 and renovated in 2024, this two-story building totals 11,050 square feet and comprises four suites. Individual suites range from a minimum of 1,890 square feet to a maximum contiguous space of 5,570 square feet. A prime corner unit is available, boasting abundant natural light, a reception area, conference room, nine private offices, a 16-workstation open bullpen, break room, and two bathrooms. Flexible configurations are possible, with plans available to combine suites for larger requirements. Detailed as-built plans and design options are available for review. The property's Southwest Las Vegas location offers convenient access to major thoroughfares and amenities. The APN is 163-10-814-009. This is a fantastic opportunity for businesses seeking modern, well-appointed office space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,720,640

  6.5%

  $2,511,360

  7%

  $2,331,970

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,213,870

  Geo Method

  $2,213,870

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $5,226,830

  Retail / Commercial

  $2,624,980

  Mixed-Use / Specialty

  $2,572,040

  Hospitality / Lodging

  $1,830,270

  Institutional / Educational

  $2,658,300

  Residential Income

  $3,110,210

  Multifamily

  $3,971,860

  Automotive / Energy

  $2,278,540

  Parking / Income-Based Land

  $829,361

  Restaurant / Food Service

  $1,244,710

  Healthcare / Senior Housing

  $2,682,270

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.131

Longitude

-115.243

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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