9250 Rainbow BlvdLas Vegas, NV 89139

  • Commercial land
  • 7.38 AC
For Lease
$42/SF/YR View listing

Property Details for 9250 Rainbow Blvd

Lot size
7.38 AC
Property type
Commercial land
APN
176-23-210-002
APU
17623210002

Description

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

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
2022
$63,360
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-
-
-
-
-
-

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