4585 Dean Martin DrLas Vegas, NV 89103
- Retail properties
- 5,191 SF
Property Details for 4585 Dean Martin Dr
- Year built
- 2008
- Construction
- FRAME
- Property size (Sq ft)
- 5,191 SF
- Property type
- Retail properties
- Property subtype
- Strip malls
- APN
- 162-20-312-329
- APU
- 16220312329
Description
This exceptional 5,191 square foot ground floor retail space, located at 4585 Dean Martin Dr, Las Vegas, NV 89103, presents a rare investment or owner-user opportunity. Part of the prestigious Panorama Towers, a Class A building constructed in 2008, this vacant property boasts unparalleled exposure to over 220,000 vehicles daily. Its strategic location directly across from the T-Mobile Arena, City Center, and the Las Vegas Strip ensures high visibility and accessibility. The property is situated within a high-end residential complex, anchored by some of the most luxurious condominium towers in Las Vegas, offering a unique blend of residential and commercial synergy. The space is zoned CT/UV and features one story within a single building. The asking price is $2,500,000, translating to $481.60 per square foot. This property offers a unique chance to establish a business in one of Las Vegas's most desirable locations, benefiting from its world-class architecture and proximity to major attractions. The APN is 162-20-312-329. This is an owner/user investment. The property is currently vacant, resulting in a $0 NOI and a 0.00% cap rate.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,657,750
- 6.5%
- $1,530,231
- 7%
- $1,420,928
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,620,842
- Geo Method
- $2,620,842
-
Alternative Use
- Use
- Valuation
- Residential
- $1,290,807
- Hospitality
- $1,182,372
- Educational
- $983,720
- Medical
- $1,017,551
- Retail
- $1,530,231
Location Insight
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Latitude
- 36.1069
- Longitude
- -115.182
- 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
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].