8150 Eastern AveLas Vegas, NV 89123

Property Details for 8150 Eastern Ave

Year built

1994

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

4.39 AC

Property size (Sq ft)

47,850 SF

Property type

Outlet malls

APN

177-13-115-004

APU

17713115004

Description

This exceptional single-tenant retail property, located at 8150 S Eastern Ave, Las Vegas, NV 89123, offers a substantial 48,386 square feet of space on a 4.39-acre lot. Situated at the intersection of Windmill and Eastern Avenues, the property boasts exceptional street visibility and pylon signage opportunities. The zoning is Commercial General (CG), allowing for a variety of retail uses. The property's APN is 177-13-115-004. With a total building size of 48,386 square feet, the space is highly adaptable and can be demised to suit various tenant needs. The high-traffic location sees 53,100 vehicles per day, ensuring significant exposure to potential customers. This prime retail space presents a unique opportunity for businesses seeking a prominent location in a strong demographic area. The property is currently occupied, so please do not disturb the existing tenant.

• CAP approach

  CAP return

  Valuation

  6%

  $14,860,486

  6.5%

  $13,717,372

  7%

  $12,737,560

• Comparable approach

  Method

  Valuation

  Relative Method

  $24,158,604

  Geo Method

  $24,158,604

• Alternative Use

  Use

  Valuation

  Residential

  $11,571,116

  Hospitality

  $10,599,080

  Educational

  $8,818,310

  Medical

  $9,121,586

  Retail

  $13,717,372

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.0413

Longitude

-115.117

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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