800 Casino Center BlvdLas Vegas, NV 89101

Property Details for 800 Casino Center Blvd

Year built

1939

Construction

FRAME

Lot size

0.04 AC

Property size (Sq ft)

624 SF

Property type

Office buildings

APN

139-34-410-027

APU

13934410027

Description

This exceptional 700-square-foot creative office space is situated on a highly visible corner lot in the heart of downtown Las Vegas, at the intersection of Gass Avenue and Casino Center Boulevard. Benefiting from a high traffic count, this single-tenant property offers immediate occupancy. Built in 1939 and extensively renovated in 2020, the building boasts a modern interior within a historically significant structure. The property sits on a 0.06-acre lot and is zoned C2 within Clark County, Nevada. The single-story building features a floor area ratio (FAR) of 0.27. Its prime location in the 89101 zip code provides unparalleled access to the vibrant energy of downtown Las Vegas. This is a rare opportunity to secure a well-maintained, ready-to-occupy space in a highly desirable and visible location. The property's previous use was as a bail bonds office, but it is currently vacant and adaptable to a variety of creative office uses. The building's modern amenities, combined with its historic charm and excellent location, make it an ideal space for businesses seeking a unique and dynamic work environment. This is a truly exceptional opportunity for a business looking to establish a strong presence in the heart of Las Vegas.

• CAP approach

  CAP return

  Valuation

  6%

  $166,877

  6.5%

  $154,040

  7%

  $143,037

• Comparable approach

  Method

  Valuation

  Relative Method

  $125,018

  Geo Method

  $125,018

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $297,147

  Retail / Commercial

  $153,574

  Mixed-Use / Specialty

  $153,971

  Hospitality / Lodging

  $114,194

  Institutional / Educational

  $160,406

  Residential Income

  $187,674

  Multifamily

  $219,850

  Automotive / Energy

  $137,490

  Parking / Income-Based Land

  $46,513

  Restaurant / Food Service

  $82,097.50

  Healthcare / Senior Housing

  $156,926

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.1625

Longitude

-115.15

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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