6889 Eastern AveLas Vegas, NV 89119

Property Details for 6889 Eastern Ave

Year built

2006

Construction

FRAME

Lot size

0.19 AC

Property size (Sq ft)

8,108 SF

Property type

Retail properties

Property subtype

Strip malls

APN

177-02-614-017

APU

17702614017

Description

This exceptional single-story, 3,538 square foot office building, constructed in 2006, presents a unique investment opportunity in Las Vegas' Airport submarket. Located at 6889 S Eastern Ave, Las Vegas, NV 89119 (cross streets: Eastern & Sunset), the property is zoned M-D and boasts a convenient location within the Airport submarket cluster. The entire building, encompassing three individual suites, is currently vacant and available for lease. This presents a rare chance to acquire a fully customizable space tailored to your specific business needs. The building's total square footage is 3,538 square feet, distributed across three separate suites, offering flexibility for various configurations. The property's single-story design provides easy accessibility and efficient use of space. Its prime location in the Airport submarket offers excellent visibility and convenient access to major transportation routes. The APN is 177-02-614-017. This property is ideal for executive office or medical office uses, offering a blend of functionality and prime location. Don't miss this opportunity to secure a prominent presence in a thriving Las Vegas business district.

• CAP approach

  CAP return

  Valuation

  6%

  $2,356,649

  6.5%

  $2,175,368

  7%

  $2,019,985

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,093,583

  Geo Method

  $4,093,583

• Alternative Use

  Use

  Valuation

  Residential

  $1,835,005

  Hospitality

  $1,680,854

  Educational

  $1,398,451

  Medical

  $1,446,546

  Retail

  $2,175,368

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.0647

Longitude

-115.119

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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