6660 Vegas DrLas Vegas, NV 89108

Property Details for 6660 Vegas Dr

Year built

2000

Construction

FRAME

Lot size

0.95 AC

Property size (Sq ft)

5,056 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

138-23-401-005

APU

13823401005

Description

This exceptional 5,070 square-foot medical office building, formerly a thriving after-hours veterinary clinic, presents a unique investment opportunity. Located in Horne's Plaza at the high-traffic intersection of Sycamore Dairy Road and Bragg Boulevard in Cumberland County, this single-tenant property offers immediate occupancy. Built in 1990 and renovated in 2008, the building features a spacious waiting/reception area, multiple exam rooms, a procedure room, surgical rooms, a pharmacy, and a kennel area. The 0.38-acre lot provides ample parking with 20 spaces. The property is zoned LC (Limited Commercial), offering flexibility for various medical uses. This prime location boasts strong demographics, with 62,181 residents and 27,333 households within a three-mile radius, and a notable 45.8% pet ownership rate. The average household income within this radius is $58,394. The surrounding area includes a mix of commercial businesses, retail establishments, and restaurants, including a new Dunkin'. The property is available for purchase at $565,000 or for lease at a gross rate of $12.00 per square foot. This is an ideal opportunity for medical professionals seeking a well-equipped, conveniently located space in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $1,588,143

  6.5%

  $1,465,978

  7%

  $1,361,265

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,552,684

  Geo Method

  $2,552,684

• Alternative Use

  Use

  Valuation

  Residential

  $1,236,607

  Hospitality

  $1,132,726

  Educational

  $942,414

  Medical

  $974,826

  Retail

  $1,465,978

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.1889

Longitude

-115.242

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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