5661 Sahara AveLas Vegas, NV 89146
- Strip malls
- 15,822 SF
Property Details for 5661 Sahara Ave
- Year built
- 1995
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.55 AC
- Property size (Sq ft)
- 15,822 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 163-12-102-008
- APU
- 16312102008
Description
Westview Plaza, located at 5661 W Sahara Ave, Las Vegas, NV 89146, presents a prime retail opportunity. This 19,392 square foot neighborhood center, built in 1995, consists of four single-story buildings with twelve suites. Currently, 2,160 square feet of retail space is available, divisible into units as small as 1,080 square feet and up to a contiguous 2,160 square feet. The property enjoys a central location just west of Las Vegas' core, surrounded by residential areas and schools, ensuring a strong customer base. Situated on the south side of West Sahara Avenue, a major thoroughfare, the center benefits from high visibility and significant vehicular traffic. Its convenient location offers easy freeway access, being only 3.5 miles from I-15 and 2.5 miles from US-95. The property is zoned C2, Las Vegas, and offers excellent exposure for various retail concepts. This is an exceptional opportunity to establish or expand your business in a thriving Las Vegas location. The cross streets are W Sahara Ave & Westwind Rd.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,052,768
- 6.5%
- $4,664,094
- 7%
- $4,330,944
-
Comparable approach
- Method
- Valuation
- Relative Method
- $7,988,243
- Geo Method
- $7,988,243
-
Alternative Use
- Use
- Valuation
- Residential
- $3,934,338
- Hospitality
- $3,603,832
- Educational
- $2,998,346
- Medical
- $3,101,464
- Retail
- $4,664,094
Location Insight
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Latitude
- 36.1436
- Longitude
- -115.22
- CBSA code
- 29820
- CBSA name
- LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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