5960 Rainbow BlvdLas Vegas, NV 89118

Property Details for 5960 Rainbow Blvd

Year built

2005

Construction

FRAME

Lot size

0.44 AC

Property size (Sq ft)

4,956 SF

Property type

Office properties

Property subtype

Office buildings

APN

163-35-201-006

APU

16335201006

Description

This exceptional Las Vegas office opportunity is located at 5960 S Rainbow Blvd, near S Rainbow Blvd & Ponderosa Way, in the Southwest Business Park. The property, a Class B building constructed in 2005, offers a total of 5,000 square feet across two suites within a single, one-story structure. Currently, a 2,000 square foot space is immediately available for lease. This second-generation space boasts excellent street visibility and is situated just blocks from the 215 freeway, providing convenient access for employees and clients. The 0.34-acre lot includes ample parking with 20 spaces available. The building is zoned C-1 and features no elevators. Ideal for businesses seeking a high-quality, conveniently located office space in a thriving Las Vegas commercial area. The property's APN is 163-35-201-006. This listing is for a traditional or creative office space, depending on tenant needs.

• CAP approach

  CAP return

  Valuation

  6%

  $1,076,668

  6.5%

  $993,848

  7%

  $922,859

• Comparable approach

  Method

  Valuation

  Relative Method

  $992,935

  Geo Method

  $992,935

• Alternative Use

  Use

  Valuation

  Residential

  $1,232,371

  Hospitality

  $1,128,845

  Educational

  $939,186

  Medical

  $971,486

  Retail

  $1,460,956

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.0804

Longitude

-115.242

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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