8085 Blue Diamond RdEnterprise, NV 89178

Property Details for 8085 Blue Diamond Rd

Year built

2018

Construction

FRAME

Lot size

1.03 AC

Property size (Sq ft)

10,560 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

176-21-610-006

APU

17621610006

Description

This exceptional 10,309 square foot retail center, built in 2018, is situated on a 1.03-acre lot at 8085 Blue Diamond Rd, Las Vegas, NV 89178. The property boasts a prime location in a high-traffic area, conveniently positioned at the intersection of Blue Diamond Road and Buffalo Drive. Currently, one retail space of 1,326 square feet is available for lease. This space is located within an Albertson's Grocery-anchored center, surrounded by a variety of national food and retail tenants, ensuring high visibility and foot traffic. The building is a single-story structure, zoned CG (Commercial General) in Clark County (APN: 176-21-610-006). The previous tenant was Crumble Cookie, leaving behind a shared grease trap, a valuable asset for food-related businesses. The area demonstrates strong demographics, with high-density residential and commercial development, creating a robust customer base. This presents a unique opportunity for businesses seeking a thriving location within a well-established retail center. The property's strategic location and existing infrastructure make it an ideal investment for a variety of retail concepts.

• CAP approach

  CAP return

  Valuation

  6%

  $5,144,546

  6.5%

  $4,748,812

  7%

  $4,409,611

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,331,554

  Geo Method

  $5,331,554

• Alternative Use

  Use

  Valuation

  Residential

  $4,005,800

  Hospitality

  $3,669,292

  Educational

  $3,052,808

  Medical

  $3,157,798

  Retail

  $4,748,812

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.0196

Longitude

-115.267

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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