8690 Maryland PkwyLas Vegas, NV 89123

  • Strip malls
  • 11,460 SF
For Lease
$21.60/SF/YR View listing

Property Details for 8690 Maryland Pkwy

Year built
2008
Construction
FRAME
Lot size
0.80 AC
Property size (Sq ft)
11,460 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
177-14-301-015
APU
17714301015

Description

This exceptional Class A property, located at 8690 S Maryland Pkwy, Las Vegas, NV 89123, offers 11,385 square feet of meticulously maintained retail and office space in a two-story building. Built in 2008, the building features a total of two suites, with 2,800 square feet currently vacant and available for lease. Units range from a minimum of 800 square feet to a maximum contiguous space of 2,000 square feet, making it ideal for a variety of businesses. The property boasts a 12-foot ceiling height and ample parking with 42 spaces available. Its prime location in the Airport submarket, near the intersection of Maryland Parkway and Pebble Road, ensures excellent visibility and accessibility. The building benefits from prominent building and monument signage. The property is zoned CG and has an APN of 17714301015. An elevator provides convenient access to the second floor. This is a rare opportunity to secure high-quality space in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,559,063
    6.5%
    $3,285,289
    7%
    $3,050,626
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,785,948
    Geo Method
    $5,785,948
  • Alternative Use

    Use
    Valuation
    Residential
    $2,771,264
    Hospitality
    $2,538,463
    Educational
    $2,111,972
    Medical
    $2,184,606
    Retail
    $3,285,289
8690 Maryland Pkwy, Las Vegas, Nevada

Location Insight

City
Las Vegas
County
Clark
State
Nevada
Latitude
36.0321
Longitude
-115.136
CBSA code
29820
CBSA name
LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,426
$170,755
$574,034
$744,789
-
$487,871
$1,640,097
$2,127,968

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