3650 Jones BlvdLas Vegas, NV 89103

Property Details for 3650 Jones Blvd

Year built

1997

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.43 AC

Property size (Sq ft)

18,340 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

163-13-215-002

APU

16313215002

Description

This exceptional retail property, located at 3650 S Jones Blvd in Las Vegas, Nevada, offers a fantastic opportunity for a single tenant. Situated in Clark County, this property boasts a total building size of 23,300 square feet and sits on a generous 2.4 acres of land. The space currently being offered is a combined unit, resulting from the merger of units 6 and 7. Unit 6 comprises 400 square feet, while unit 7 offers 1,200 square feet, creating a combined total of 1,600 square feet of usable retail space. The property is categorized as retail, with previous uses including a nail salon and office space, demonstrating its versatility and adaptability to a range of businesses. The property's location in Las Vegas, within the 89103 zip code, provides excellent access to a thriving consumer base and significant foot traffic. This single-tenant occupancy presents a unique opportunity for a business seeking a well-positioned, sizable retail space in a dynamic and rapidly growing market. The property's size and location make it ideal for a variety of retail ventures. This is a rare chance to acquire a substantial retail space in a prime Las Vegas location. Further details are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $5,856,894

  6.5%

  $5,406,364

  7%

  $5,020,194

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,259,536

  Geo Method

  $9,259,536

• Alternative Use

  Use

  Valuation

  Residential

  $4,560,470

  Hospitality

  $4,177,366

  Educational

  $3,475,519

  Medical

  $3,595,048

  Retail

  $5,406,364

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.123

Longitude

-115.224

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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