5321 Cameron StLas Vegas, NV 89118

Property Details for 5321 Cameron St

Year built

1998

Construction

CONCRETE

Lot size

1.20 AC

Property size (Sq ft)

12,995 SF

Property type

Retail properties

Property subtype

Bars

APN

162-30-301-020

APU

16230301020

Description

This exceptional 20,980 square foot multi-use property, located at 5321 Cameron St, Las Vegas, NV 89118, presents a unique investment opportunity. Situated on 1.2 acres in Southwest Las Vegas' thriving industrial market, this meticulously maintained building offers a blend of warehouse, refrigerated/cold storage, and flex space. Originally a commissary kitchen, it has been extensively renovated in 2021 and now boasts a professional-grade kitchen, making it ideal for events, catering, and film production. The property includes valuable licenses for banquet facilities, catering, and live entertainment, opening doors to a wide range of uses. With a 22-foot ceiling height and M-1 Light Manufacturing zoning, the space is suitable for concerts, film shoots, sporting events, and various other functions. Built in 1998, this single-tenancy property is offered at $9,500,000, translating to $452.81 per square foot. Its strategic location, ample space, and modern infrastructure make it a standout investment opportunity in the Las Vegas market. The Clark County APN is 162-30-301-020. This is an owner/user institutional investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $4,149,964

  6.5%

  $3,830,736

  7%

  $3,557,112

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,560,942

  Geo Method

  $6,560,942

• Alternative Use

  Use

  Valuation

  Residential

  $3,231,369

  Hospitality

  $2,959,916

  Educational

  $2,462,616

  Medical

  $2,547,309

  Retail

  $3,830,736

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.0931

Longitude

-115.204

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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