9620 Las Vegas BlvdLas Vegas, NV 89123

Property Details for 9620 Las Vegas Blvd

Year built

2002

Construction

FRAME

Lot size

3.39 AC

Property size (Sq ft)

33,483 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

177-21-416-001

APU

17721416001

Description

Silverado Junction Center, a vibrant commercial property in Clark County, Nevada, presents a unique investment opportunity. This 33,450 square foot multi-tenant building, constructed in 2002, boasts a prime location at the intersection of Las Vegas Boulevard South and Silverado Ranch Boulevard, offering exceptional visibility and accessibility. The property is zoned C-2 and sits on a generous 188,179 square foot lot. Currently, there is 2,078 square feet of vacant space available, ideal for a variety of uses, including small office spaces, restaurants, or service-oriented retail businesses. The building's strategic location directly across from the Coast Casino and its convenient access to Interstate 15 via the Silverado Interchange provide unparalleled exposure to a high volume of traffic. This is a rare chance to secure a space in a highly desirable Las Vegas Strip location with significant frontage on Las Vegas Boulevard. The available space totals 1,158 square feet, perfect for a business seeking a prominent presence in a thriving commercial area. The South Point Hotel & Casino is also conveniently located nearby. This property offers a compelling combination of location, accessibility, and potential for growth.

• CAP approach

  CAP return

  Valuation

  6%

  $8,720,190

  6.5%

  $8,049,410

  7%

  $7,474,450

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,976,650

  Geo Method

  $6,976,650

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $16,393,300

  Mixed-Use / Specialty

  $7,739,380

  Hospitality / Lodging

  $5,311,850

  Office

  $7,400,370

  Institutional / Educational

  $7,945,290

  Residential Income

  $9,295,990

  Multifamily

  $12,708,800

  Automotive / Energy

  $6,810,250

  Parking / Income-Based Land

  $2,628,090

  Restaurant / Food Service

  $3,424,890

  Healthcare / Senior Housing

  $8,225,090

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.0149

Longitude

-115.171

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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