Diamond Plaza, a Class A retail center built in 2023, offers exceptional opportunities for businesses seeking high-visibility locations. This 31,000 square foot center is situated on an 8.24-acre lot at the southeast corner of Blue Diamond Road and Rainbow Boulevard, directly across from a major Walmart. The property features three single-story buildings with a total of 6.75 parking spaces per 1,000 square feet. Currently, 7,000 square feet of retail space is available, divisible into units as small as 1,200 square feet, with a maximum contiguous space of 7,000 square feet. The zoning is commercial, and the APN is 176-23-210-001. The property's strategic location and existing tenant mix provide a strong foundation for success. Current tenants include established businesses such as Bojangles, America First Credit Union, Freddy's Steakburgers, Ultra Express Car Wash, Whitbey's Breakfast, Togo's, Cookie Plug, Mr. Moto Pizza, a general dentist, Boba Foxy, Roberto's, SMoK Lounge, UPS Store, an Italian restaurant, and On Demand Sushi. This vibrant center offers a diverse range of options for potential tenants, making it an ideal location for banks, fast food restaurants, service retail, emergent healthcare, convenience stores, or quasi-retail and office spaces. The property's modern design and prime location make it a highly desirable investment opportunity.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Industrial / Distribution
$210,434,000
Retail / Commercial
$109,671,000
Mixed-Use / Specialty
$110,668,000
Hospitality / Lodging
$83,001,100
Office
$111,457,000
Institutional / Educational
$115,546,000
Residential Income
$135,189,000
Multifamily
$154,443,000
Automotive / Energy
$99,039,800
Parking / Income-Based Land
$32,805,900
Restaurant / Food Service
$60,522,100
Healthcare / Senior Housing
$112,065,000
Location Insight
City
Las Vegas
County
Clark
State
Nevada
Latitude
36.0233
Longitude
-115.242
CBSA code
29820
CBSA name
LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
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Rainbow Blvd Las Vegas, NV 89139
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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