4601 Sahara AveLas Vegas, NV 89102

  • Strip malls
  • 29,430 SF
For Lease
$15/SF/YR View listing

Property Details for 4601 Sahara Ave

Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.29 AC
Property size (Sq ft)
29,430 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
162-07-101-004
APU
16207101004

Description

Sahara West Plaza, located at 4601 W Sahara Ave in Las Vegas, Nevada, presents a unique opportunity for retail businesses seeking a prime location in Clark County. This 5,200 square foot retail plaza offers flexible space options, with a minimum divisible unit of 1,000 square feet and a maximum contiguous space of 3,000 square feet. Currently, the entire 5,200 square feet is available for lease, making it ideal for a single large tenant or multiple smaller businesses. The property's "Plaza" subtype suggests an open-air or easily accessible layout, potentially enhancing visibility and customer traffic. The address, 4601 W Sahara Ave, places the property within the vibrant Las Vegas market, offering excellent access to major roadways and a high volume of potential customers. The zip code is 89102. This is the last remaining space available in this particular plaza, representing a rare opportunity to establish a presence in a desirable location. The property is categorized as retail and is suitable for a variety of commercial uses. Interested parties should inquire about lease terms and conditions.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,398,494
    6.5%
    $8,675,533
    7%
    $8,055,852
  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,858,677
    Geo Method
    $14,858,677
  • Alternative Use

    Use
    Valuation
    Residential
    $7,318,136
    Hospitality
    $6,703,374
    Educational
    $5,577,128
    Medical
    $5,768,934
    Retail
    $8,675,533

Location Insight

City
Las Vegas
County
Clark
State
Nevada
Latitude
36.1438
Longitude
-115.204
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
$29,714
$593,524
$381,025
$974,549
-
$1,695,783
$1,088,643
$2,784,426

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