5258 Eastern AveLas Vegas, NV 89119

Property Details for 5258 Eastern Ave

Year built

2001

Construction

FRAME

Lot size

0.58 AC

Property size (Sq ft)

10,779 SF

Property type

Office properties

Property subtype

Office buildings

APN

162-25-210-019

APU

16225210019

Description

This vibrant, 10,779 square foot, two-story Class B office building, located at 5258 S Eastern Ave, Las Vegas, NV 89119 (near Eastern and Hacienda), offers flexible workspace solutions. Built in 2001 and renovated in 2023, the property features a variety of options, from 60 sq ft to 2,500 sq ft, accommodating diverse business needs. The building is ideal for coworking, traditional office, creative office, and executive office uses. Multiple tenants are currently occupying the space. Amenities include a contemporary layout, semi-private offices with floor-to-ceiling glass windows, a meeting room with A/V equipment, open desks with optional desktop monitors, a kitchen with complimentary coffee and tea, a dining bar and lounge area, and a rooftop patio. The location provides easy access to the Las Vegas Harry Reid International Airport. No elevators are available.

• CAP approach

  CAP return

  Valuation

  6%

  $2,131,289

  6.5%

  $1,967,344

  7%

  $1,826,819

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,159,573

  Geo Method

  $2,159,573

• Alternative Use

  Use

  Valuation

  Residential

  $2,439,506

  Hospitality

  $2,234,574

  Educational

  $1,859,140

  Medical

  $1,923,078

  Retail

  $2,891,995

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.0938

Longitude

-115.118

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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