990 Sierra Vista DrLas Vegas, NV 89169

Property Details for 990 Sierra Vista Dr

Year built

2005

Construction

FRAME

Lot size

0.42 AC

Property size (Sq ft)

4,400 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

162-15-501-025

APU

16215501025

Description

This exceptional 1,100 square foot commercial space is part of the Aashi Center, a 4,400 square foot single-story shopping center built in 2005. Located at 990 Sierra Vista Drive in Las Vegas, Nevada (zip code 89169), this property boasts a highly desirable C-1 (Local Business) zoning designation within Clark County. The building features ample customer parking and a prominent pylon sign for enhanced visibility. Ideal for medical or traditional office use, this space is part of a multi-tenant building and offers excellent accessibility. Its strategic location provides convenient proximity to the Las Vegas Strip (within two miles), the Las Vegas Convention Center, numerous hotels, apartments, and other amenities, ensuring high foot traffic and visibility. The property's APN is 162-15-501-025. This is a rare opportunity to secure a well-situated commercial space in a thriving Las Vegas location. The space is ready for immediate occupancy. Don't miss this chance to establish your business in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,278,892

  6.5%

  $1,180,516

  7%

  $1,096,193

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,221,481

  Geo Method

  $2,221,481

• Alternative Use

  Use

  Valuation

  Residential

  $995,809

  Hospitality

  $912,156

  Educational

  $758,903

  Medical

  $785,003

  Retail

  $1,180,516

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.1272

Longitude

-115.142

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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