9701 Eastern AveParadise, NV 89183

Property Details for 9701 Eastern Ave

Year built

2002

Construction

FRAME

Lot size

25.59 AC

Property size (Sq ft)

32,750 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

177-26-512-001

APU

17726512001

Description

Silverado Ranch Plaza, a Class A power center in Las Vegas, Nevada, presents a unique investment opportunity. Located at 9701 S Eastern Ave, at the southwest corner of Silverado Ranch Boulevard and Eastern Avenue (APN 177-26-512-001), this vibrant commercial hub offers 7 available retail spaces ranging from 1,000 to 15,560 square feet. The property is zoned Commercial General (CG) and boasts a prime location within a thriving community, providing convenient access from major thoroughfares with ample parking to accommodate a high volume of visitors. Silverado Ranch Plaza is a bustling destination serving the local community with a diverse mix of retail stores, restaurants, and essential services, creating a one-stop shopping and leisure experience. The well-maintained plaza features a thoughtfully designed layout for easy navigation, with clear signage and convenient walkways. This power center is an integral part of the Henderson and Las Vegas retail landscape, offering a comprehensive shopping experience in a highly accessible location. The available spaces are ideal for a variety of retail and restaurant uses, presenting a compelling opportunity for businesses seeking a high-traffic location in a rapidly growing area. This property is situated in Paradise, NV, zip code 89183.

• CAP approach

  CAP return

  Valuation

  6%

  $12,103,800

  6.5%

  $11,172,700

  7%

  $10,374,700

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,823,920

  Geo Method

  $6,823,920

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $21,437,900

  Mixed-Use / Specialty

  $11,274,300

  Hospitality / Lodging

  $8,455,720

  Office

  $11,354,600

  Institutional / Educational

  $11,771,300

  Residential Income

  $13,772,400

  Multifamily

  $15,733,800

  Automotive / Energy

  $10,089,700

  Parking / Income-Based Land

  $3,342,090

  Restaurant / Food Service

  $6,165,680

  Healthcare / Senior Housing

  $11,416,600

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.0111

Longitude

-115.121

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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