5300 Eastern AveLas Vegas, NV 89119

Property Details for 5300 Eastern Ave

Year built

2007

Construction

FRAME

Lot size

0.95 AC

Property size (Sq ft)

11,304 SF

Property type

Retail properties

Property subtype

Strip malls

APN

162-25-310-001

APU

16225310001

Description

This exceptional retail space, located at 5300 S Eastern Ave in Las Vegas, Nevada, presents a fantastic opportunity for businesses seeking a vibrant location. The property is part of a single-story, Class B strip center built in 2007, offering a total of 3,139 square feet across one suite. Currently, 1,521 square feet are available for lease, providing ample space for a variety of retail ventures. The building boasts 43 parking spaces, ensuring convenient access for customers and employees. The property's strategic location at the intersection of Eastern and Hacienda Avenues in the Pioneer Square area offers high visibility and accessibility. Zoned C-1, this space is ideal for a range of retail uses. The property features a single building with no elevators. The Clark County Assessor's Parcel Number (APN) is 162-25-310-001. This is a multi-tenant property, offering a dynamic and thriving commercial environment. The property's convenient location and ample parking make it an attractive option for businesses seeking a strong presence in a busy Las Vegas commercial corridor. The zip code is 89119.

• CAP approach

  CAP return

  Valuation

  6%

  $3,285,590

  6.5%

  $3,032,852

  7%

  $2,816,220

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,707,186

  Geo Method

  $5,707,186

• Alternative Use

  Use

  Valuation

  Residential

  $2,558,324

  Hospitality

  $2,343,411

  Educational

  $1,949,691

  Medical

  $2,016,744

  Retail

  $3,032,852

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.0927

Longitude

-115.118

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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