934 Sahara AveLas Vegas, NV 89104

  • Office buildings
  • 2,452 SF
For Lease
$19.56/SF/YR View listing

Property Details for 934 Sahara Ave

Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.12 AC
Property size (Sq ft)
2,452 SF
Property type
Office buildings
APN
162-03-801-064
APU
16203801064

Description

This single-tenant, 2,452-square-foot building at 934 E Sahara Ave, Las Vegas, NV 89104, offers a unique blend of traditional and creative office space, also suitable for retail or special purpose uses. Built in 1963, this one-story structure sits on 0.12 acres and boasts a beautifully remodeled interior. Features include two customer restrooms, a secure vault-style storage room, and ample on-site parking (6 spaces) with a gated entrance for enhanced security. The property enjoys a high-traffic location near the intersection of Sahara Ave and Maryland Parkway, providing excellent visibility and accessibility. 24/7 access is available. Utilities (electric, water, and trash) are the tenant's responsibility. The building is zoned C and is conveniently located minutes from the Las Vegas Strip. This standalone building presents a compelling opportunity for businesses seeking a prominent Las Vegas location. Clark County location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $578,595
    6.5%
    $534,088
    7%
    $495,939
  • Comparable approach

    Method
    Valuation
    Relative Method
    $491,258
    Geo Method
    $491,258
  • Alternative Use

    Use
    Valuation
    Residential
    $662,269
    Hospitality
    $606,635
    Educational
    $504,713
    Medical
    $522,071
    Retail
    $785,109

Location Insight

City
Las Vegas
County
Clark
State
Nevada
Latitude
36.1454
Longitude
-115.142
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
$1,690
$24,698
$37,581
$62,279
-
$70,566
$107,374
$177,940

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