3160 Desert Inn RdLas Vegas, NV 89121

Property Details for 3160 Desert Inn Rd

Year built

1988

Construction

FRAME

Lot size

1.88 AC

Property size (Sq ft)

20,490 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

162-12-802-002

APU

16212802002

Description

This exceptional retail and office opportunity is located at 3160 E Desert Inn Rd, Las Vegas, NV 89121, in the vibrant Central submarket of Clark County. The property, known as Desert Inn Square, offers multiple tenancy options within a 20,470 square foot building, zoned C-2. Two spaces are currently available, with a minimum divisible space of 1,110 square feet and a maximum contiguous space of 1,750 square feet. A total of 2,860 square feet is currently vacant, presenting a prime opportunity for businesses seeking immediate occupancy. The strategic location provides excellent visibility and accessibility, situated less than one mile west of the 93/95/515 freeway interchange, ensuring convenient access for customers and employees. Furthermore, its proximity to the Las Vegas Convention Center (approximately 2 miles east) offers significant potential for attracting a diverse clientele. This property is ideal for a variety of retail or office uses, offering a flexible and adaptable space to suit individual business needs. The property's location within a thriving commercial area promises high foot traffic and strong potential for business growth. Inquire today to learn more about this exciting opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $4,541,140

  6.5%

  $4,191,820

  7%

  $3,892,410

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,269,380

  Geo Method

  $4,269,380

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $8,069,510

  Mixed-Use / Specialty

  $4,219,290

  Hospitality / Lodging

  $3,150,770

  Office

  $4,238,390

  Institutional / Educational

  $4,401,520

  Residential Income

  $5,149,770

  Multifamily

  $5,941,250

  Automotive / Energy

  $3,772,730

  Parking / Income-Based Land

  $1,260,020

  Restaurant / Food Service

  $2,284,990

  Healthcare / Senior Housing

  $4,283,310

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.1303

Longitude

-115.106

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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