4636 Wynn RdLas Vegas, NV 89103

Property Details for 4636 Wynn Rd

Year built

2007

Construction

FRAME

Lot size

1.13 AC

Property size (Sq ft)

12,406 SF

Property type

Bars

APN

162-19-702-010

APU

16219702010

Description

This exceptional two-story nightclub, situated on a 1.13-acre lot at 4636 S Wynn Rd, Las Vegas, NV 89103, presents a lucrative investment opportunity. Boasting 12,240 square feet of net rentable space, this 2007-built establishment is ideally located near the Las Vegas Strip, Allegiant Stadium, T-Mobile Arena, and the future Las Vegas A's stadium. The property underwent extensive renovations, featuring state-of-the-art lighting, sound, and stage equipment, along with two full-service bars, one on each level. It's fully permitted for cabaret, gaming, liquor service, restaurant operations, and hookah, offering significant operational flexibility. The substantial lot size provides ample room for future expansion or development. The property has a 9.68/1000 parking ratio. Seller financing may be available, subject to terms and conditions and buyer qualification. This is a turnkey operation in a high-demand entertainment district, offering significant potential for growth and return on investment. The property is zoned IL (Industrial Light).

• CAP approach

  CAP return

  Valuation

  6%

  $3,192,700

  6.5%

  $2,947,100

  7%

  $2,736,600

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,584,960

  Geo Method

  $2,584,960

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $5,868,240

  Mixed-Use / Specialty

  $2,887,660

  Hospitality / Lodging

  $2,054,870

  Office

  $2,819,540

  Institutional / Educational

  $2,984,520

  Residential Income

  $3,491,880

  Multifamily

  $4,459,260

  Automotive / Energy

  $2,558,160

  Parking / Income-Based Land

  $931,136

  Restaurant / Food Service

  $1,397,460

  Healthcare / Senior Housing

  $3,011,430

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.1057

Longitude

-115.194

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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