1631 Desert Inn RdLas Vegas, NV 89169

Property Details for 1631 Desert Inn Rd

Year built

1961

Construction

FRAME

Lot size

0.27 AC

Property size (Sq ft)

1,520 SF

Property type

Office buildings

APN

162-14-110-062

APU

16214110062

Description

This well-maintained, single-story office building, totaling 2,200 square feet, is available for sale or lease. Located at 1631 E Desert Inn Rd, Las Vegas, NV 89169, this Class C property sits on a 0.28-acre lot (APN 162-14-110-062) and boasts a prime location with high visibility on Desert Inn Road, experiencing over 35,000 cars daily. Recent renovations include fresh exterior paint, new flooring throughout, and removal of the popcorn ceiling. The building features a substantial garage and storage area, ideal for a growing business. Six dedicated parking spaces are available on the premises, plus an additional gated parking stall. Street parking is also accessible on Aztec. The property is zoned CP (Commercial Professional) by Clark County and offers convenient access to Harry Reid International Airport, the Las Vegas Strip, and Downtown Las Vegas. Nearby established mid-century modern neighborhoods provide a desirable surrounding area. All furniture is available for separate purchase. The asking price is $680,000, translating to $309.09 per square foot. This owner/user investment opportunity presents a compelling combination of location, recent improvements, and ample storage.

• CAP approach

  CAP return

  Valuation

  6%

  $300,544

  6.5%

  $277,425

  7%

  $257,609

• Comparable approach

  Method

  Valuation

  Relative Method

  $304,532

  Geo Method

  $304,532

• Alternative Use

  Use

  Valuation

  Residential

  $344,007

  Hospitality

  $315,108

  Educational

  $262,166

  Medical

  $271,183

  Retail

  $407,815

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.1296

Longitude

-115.13

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].