3887 Lake Mead BlvdLas Vegas, NV 89115

Property Details for 3887 Lake Mead Blvd

Year built

2000

Construction

FRAME

Lot size

0.74 AC

Property size (Sq ft)

3,534 SF

Property type

Grocery and convenience stores

APN

140-19-302-010

APU

14019302010

Description

This exceptional 1.11-acre commercial land parcel is ideally situated at 3887 E Lake Mead Blvd, Las Vegas, NV 89115, in Clark County. Zoned for commercial use, this property presents a remarkable opportunity for various businesses. Its prime location offers high visibility and accessibility, benefiting from the surrounding growth and established businesses. The area is experiencing a surge in retail development, with nearby establishments including Taco Bell, McDonald's, O'Reilly Auto Parts, and AutoZone, indicating a thriving and expanding commercial sector. The lot's size makes it suitable for a range of commercial ventures, such as a car wash, automotive facility, or fast-food restaurant. This property offers significant potential for investors and developers seeking a strategic location within a dynamic and rapidly developing area of Las Vegas. The property's address is easily accessible from Lake Mead Boulevard, providing excellent exposure to high traffic volume. This 1.11-acre lot presents a unique opportunity to establish a successful business in a high-demand area. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

• CAP approach

  CAP return

  Valuation

  6%

  $1,332,132

  6.5%

  $1,229,660

  7%

  $1,141,828

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,784,253

  Geo Method

  $1,784,253

• Alternative Use

  Use

  Valuation

  Residential

  $1,037,264

  Hospitality

  $950,129

  Educational

  $790,496

  Medical

  $817,682

  Retail

  $1,229,660

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.1953

Longitude

-115.09

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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