5130 Valley View BlvdLas Vegas, NV 89118

Property Details for 5130 Valley View Blvd

Year built

1989

Construction

CONCRETE

Lot size

1.06 AC

Property size (Sq ft)

13,332 SF

Property type

Industrial properties

APN

162-29-201-003

APU

16229201003

Description

The Valley View Commerce Center, located at 5130, 5160, 5190 & 5230 S Valley View Blvd, Las Vegas, NV 89118, offers a unique blend of executive office and warehouse space. This multi-tenant property boasts a total of 73,429 square feet situated on a 4.84-acre lot in Clark County. Built in 1989, the building features a desirable 15'6" ceiling height in the warehouse area, ideal for various industrial uses. Currently, there is 1,776 square feet of vacant office space available. The property is zoned M-1, providing flexibility for a range of businesses. Its prime location provides convenient access to major transportation arteries, including Las Vegas Boulevard, I-15 freeway, US-95 freeway, and W Tropicana Avenue, ensuring easy commutes throughout the Las Vegas valley. This strategic location offers excellent visibility and accessibility for businesses seeking a prominent presence in the area. The property presents a compelling opportunity for businesses requiring both office and warehouse space in a well-connected and established location. Serious inquiries are encouraged to explore this exceptional commercial real estate offering.

• CAP approach

  CAP return

  Valuation

  6%

  $6,831,770

  6.5%

  $6,306,250

  7%

  $5,855,810

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,273,710

  Geo Method

  $4,273,710

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $3,167,080

  Mixed-Use / Specialty

  $3,103,200

  Hospitality / Lodging

  $2,208,250

  Office

  $3,029,990

  Institutional / Educational

  $3,207,280

  Residential Income

  $3,752,520

  Multifamily

  $4,792,110

  Automotive / Energy

  $2,749,100

  Parking / Income-Based Land

  $1,000,640

  Restaurant / Food Service

  $1,501,770

  Healthcare / Senior Housing

  $3,236,200

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.0966

Longitude

-115.189

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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