5275 Arville StLas Vegas, NV 89118

Property Details for 5275 Arville St

Year built

1998

Construction

CONCRETE

Lot size

1.09 AC

Property size (Sq ft)

74,728 SF

Property type

Industrial properties

APN

162-30-202-015

APU

16230202015

Description

Hacienda Crossing, located at 5275 S Arville St, Las Vegas, NV 89118, offers ±5,353 - ±6,851 square feet of contemporary office/showroom and 100% air-conditioned warehouse space. This Class A property, built in 1998, sits on 4.12 acres and features a total of 74,240 square feet across a single, two-story building with 16 suites. Units are available for lease, with a minimum divisible space of 1,379 square feet and a maximum contiguous space of 74,240 square feet. The property boasts 15 loading docks, approximately 200 total parking spaces, including free covered parking, and an 18-foot minimum clear height warehouse. Utilities include 120/208 Volt, 3-phase power. The building features attractive storefronts, beautiful landscaping, a fire sprinkler system, and skylights. Zoned M-1 (Clark County), this property offers convenient access via Arville Street and Hacienda Avenue. Common area maintenance charges are $0.29 per square foot. The property's APN is 162-30-202-015, 017 & 022, and is located in the Southwest submarket of Clark County. There is currently 12,204 square feet of vacant space. Elevators are not available.

• CAP approach

  CAP return

  Valuation

  6%

  $38,293,200

  6.5%

  $35,347,600

  7%

  $32,822,700

• Comparable approach

  Method

  Valuation

  Relative Method

  $23,954,800

  Geo Method

  $23,954,800

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $17,752,000

  Mixed-Use / Specialty

  $17,393,900

  Hospitality / Lodging

  $12,377,600

  Office

  $16,983,600

  Institutional / Educational

  $17,977,300

  Residential Income

  $21,033,500

  Multifamily

  $26,860,500

  Automotive / Energy

  $15,409,200

  Parking / Income-Based Land

  $5,608,730

  Restaurant / Food Service

  $8,417,640

  Healthcare / Senior Housing

  $18,139,400

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.0952

Longitude

-115.2

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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