2980 Jones BlvdLas Vegas, NV 89146

Property Details for 2980 Jones Blvd

Year built

2005

Construction

FRAME

Lot size

1.95 AC

Property size (Sq ft)

19,651 SF

Property type

Office buildings

APN

163-12-301-006

APU

16312301006

Description

This exceptional 5,381-square-foot medical office building, located at 2980 S. Jones Blvd. #A in Las Vegas, Nevada, presents a unique investment opportunity. Built in 2005, the single-tenant property sits on a spacious 1.95-acre lot and is zoned C-1, offering flexibility for various office uses. The building boasts a well-designed layout, previously occupied by an optometrist, featuring a large, open reception and waiting area with potential for retail space or additional offices. Multiple private exam and treatment rooms are complemented by four restrooms (one conveniently located within a private office) and ample open workspaces. The entire 5,381 square feet is currently vacant and available for immediate occupancy. This property is ideal for medical professionals seeking a move-in ready space or for investors looking for a strong return in a thriving Las Vegas market. The property's convenient location and ample space make it an attractive option for a variety of medical or office-related businesses. The building's modern design and functional layout provide a comfortable and efficient workspace. This is a rare opportunity to acquire a substantial, well-maintained medical office building in a prime Las Vegas location. The property is ready for immediate occupancy, offering a seamless transition for new tenants.

• CAP approach

  CAP return

  Valuation

  6%

  $4,269,090

  6.5%

  $3,940,698

  7%

  $3,659,220

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,937,078

  Geo Method

  $3,937,078

• Alternative Use

  Use

  Valuation

  Residential

  $4,886,466

  Hospitality

  $4,475,977

  Educational

  $3,723,960

  Medical

  $3,852,033

  Retail

  $5,792,827

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.1352

Longitude

-115.224

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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