526 7Th StLas Vegas, NV 89101
- Office properties
- 1,845 SF
Property Details for 526 7Th St
- Year built
- 1941
- Construction
- FRAME
- Lot size
- 0.16 AC
- Property size (Sq ft)
- 1,845 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 139-34-710-021
- APU
- 13934710021
Description
This exceptional mixed-use property, located at 526 S 7th St, Las Vegas, NV 89101, presents a unique investment opportunity in the heart of Downtown Las Vegas. The 1,845 square foot building, constructed in 1941 and completely renovated in 2024, boasts new floors, fixtures, bathrooms, and kitchens. Situated on a 6,970 square foot lot, this Class B building offers 10 parking spaces and is zoned for mixed use, providing incredible flexibility for a variety of commercial ventures. The property is currently vacant, allowing for immediate occupancy and customization to suit your specific needs. Its prime location, directly behind the Writers Block/Beverly Center, benefits from the area's growth and the nearby large parking structure. This single-story building is part of a larger opportunity
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $435,362
- 6.5%
- $401,873
- 7%
- $373,168
-
Comparable approach
- Method
- Valuation
- Relative Method
- $369,646
- Geo Method
- $369,646
-
Alternative Use
- Use
- Valuation
- Residential
- $498,322
- Hospitality
- $456,460
- Educational
- $379,770
- Medical
- $392,831
- Retail
- $590,753
Location Insight
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Latitude
- 36.1628
- Longitude
- -115.142
- CBSA code
- 29820
- CBSA name
- LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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- How can I contact the broker?
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