1155 Twain AveParadise, NV 89169

Property Details for 1155 Twain Ave

Year built

1978

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

6.85 AC

Property size (Sq ft)

61,452 SF

Property type

Grocery and convenience stores

APN

162-15-704-004

APU

16215704004

Description

This exceptional retail property, Maryland Park Place, located at 1155 E Twain Ave, Las Vegas, NV 89169, offers four available suites ranging from 570 to 6,014 square feet. Situated at the southwest corner of Maryland Parkway and Twain Avenue in Paradise, Clark County, this center boasts unparalleled visibility and convenient access, with over 45,000 vehicles passing daily. The property's CG zoning provides flexibility for various retail uses. With a total of 9,268 square feet currently vacant, this presents a significant opportunity for businesses seeking high foot traffic and exposure. The location benefits from a robust residential population of 156,000 within a three-mile radius, and its proximity to the Las Vegas Strip, UNLV, and Harry Reid International Airport ensures a large customer base. The property's APN is 16215704004. This is a multi-tenant retail center with excellent ingress and egress, making it an ideal location for a variety of businesses. Don't miss this chance to establish your business in a prime location with exceptional visibility and high traffic volume.

• CAP approach

  CAP return

  Valuation

  6%

  $17,861,472

  6.5%

  $16,487,512

  7%

  $15,309,832

• Comparable approach

  Method

  Valuation

  Relative Method

  $31,026,008

  Geo Method

  $31,026,008

• Alternative Use

  Use

  Valuation

  Residential

  $13,907,833

  Hospitality

  $12,739,500

  Educational

  $10,599,115

  Medical

  $10,963,635

  Retail

  $16,487,512

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.1212

Longitude

-115.139

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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