8936 Spanish Ridge AveLas Vegas, NV 89148

Property Details for 8936 Spanish Ridge Ave

Year built

2006

Construction

FRAME

Lot size

0.56 AC

Property size (Sq ft)

6,022 SF

Property type

Office buildings

APN

163-29-711-007

APU

16329711007

Description

This exceptional single-tenant office space, totaling 6,012 square feet, is located at 8936 Spanish Ridge Ave, Las Vegas, NV 89148, within Clark County. Built in 2006, this one-story building is zoned C-2 and features a thoughtfully designed layout perfect for immediate occupancy. The property's APN is 163-29-711-007. The interior boasts a blend of private offices, open work areas, and a dedicated conference room, minimizing the time and expense associated with setting up a new business. This turnkey solution offers immediate productivity, eliminating the need for extensive renovations or build-outs. The property's efficient design and ready-to-use condition make it an ideal choice for businesses seeking a seamless transition into a functional and professional workspace. The property is situated in a convenient location within Las Vegas, offering easy access to major transportation routes and amenities. This is a rare opportunity to acquire a fully functional, move-in ready office space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,308,252

  6.5%

  $1,207,617

  7%

  $1,121,359

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,206,508

  Geo Method

  $1,206,508

• Alternative Use

  Use

  Valuation

  Residential

  $1,497,445

  Hospitality

  $1,371,652

  Educational

  $1,141,198

  Medical

  $1,180,446

  Retail

  $1,775,197

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.0919

Longitude

-115.288

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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