520 4Th StLas Vegas, NV 89101

Property Details for 520 4Th St

Year built

1979

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.16 AC

Property size (Sq ft)

32,176 SF

Property type

Office properties

Property subtype

Office buildings

APN

139-34-311-114

APU

13934311114

Description

This exceptional 2,234 square foot office space is located on the third floor of a three-story building in the heart of Downtown Las Vegas at 520 S 4th St. The property, part of a larger 32,176 square foot building constructed in 1979 and extensively renovated in 2019, offers a single-tenant occupancy opportunity. The space boasts a versatile layout, featuring a blend of private offices and meeting rooms, ideal for businesses requiring adaptable workspaces. The fully built-out interior is ready for immediate occupancy, eliminating the need for costly renovations. Building amenities include secure access and convenient underground parking. The C2 zoning designation allows for a variety of commercial uses. This prime location in the dynamic Downtown Las Vegas area provides excellent visibility and accessibility. The building's modern infrastructure and recent renovations ensure a comfortable and efficient work environment. This is a rare opportunity to secure a move-in ready, high-quality office space in a thriving urban center. Don't miss this chance to establish your business in a vibrant and convenient location.

• CAP approach

  CAP return

  Valuation

  6%

  $7,592,526

  6.5%

  $7,008,485

  7%

  $6,507,879

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,446,462

  Geo Method

  $6,446,462

• Alternative Use

  Use

  Valuation

  Residential

  $8,690,522

  Hospitality

  $7,960,471

  Educational

  $6,623,018

  Medical

  $6,850,794

  Retail

  $10,302,473

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.1646

Longitude

-115.146

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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