5686 N Rainbow Blvd - Medical FOR SALE


Las Vegas, NV 89130
$695,000 USD
702-580-9198
5686 N Rainbow Blvd, Las Vegas, NV for Sale
$695,000 USD
Medical - FOR SALE
1/13
null | Request Cap Rate

5686 N Rainbow Blvd
Las Vegas, NV 89130


HIGHLIGHTS

  • Located Near 7-11 and Walgreens
  • The comps for the land Value justifies the price but there is also a 3495 sq ft 1 story structure on the land.
  • Best price and value for office and land
  • Incredible freeway access to the whole city: 1/2 Mile to Ann and I-215, 1 Mile to Jones and I-215
  • High Visibility: 25,000 ADT passes Ann Rd and Rainbow.
  • Zone C-1 : Very flexible zoning - multitude of permited uses.

OVERVIEW

***PRICE BREAK*** SUPER VALUE! Great Location! Great Price Break! .82 Acres (35,719 SF Lot) with high traffic visibility. 130 sq ft of Rainbow frontage. Utilities right at the property. Located in the North West Las Vegas. Plus a 3495 Sq ft 1 story structure. Near I-95/ Ann - PARCEL # 191-05-801-008 Prime Commercial Property for Sale in Northwest Las Vegas Exceptional Location with High Traffic Visibility! * Lot Size: 0.82 Acres (35,719 SF) * Frontage: 130 sq ft on Rainbow Blvd * Utilities: Municipal water, power, and sewage available on-site * Location: Northwest Las Vegas, 1 mile from I-215/Jones and ½ mile from I-95/Ann Rd * Demographics: Affluent area with an average income of $80,000 within a 1-mile radius This prime commercial property features a 3,495 sq ft one-story structure with solid construction, ready for a complete remodel to suit your business needs. The current structure is on well and septic, however all utilities are available at the property. See below the comps, as just the land value alone supports the purchase price, offering a significant investment opportunity. Great visible location near 7-11 and Walgreens. Access and Visibility * Dual Access: Gated easement provides access from both Ann Rd and El Campo Grande Ave Potential Uses (Zoning Approved): * Healthcare: Dental or Medical Office, Individual Rehabilitation and Medication Assistance & Care Center * Food & Beverage: Restaurant (including fast food), Catering Services like ‘Ghost Kitchens’ * Retail: Retail Shopping Center, General Retail Store * Fitness & Recreation: Health Club, Martial Arts Studio, Indoor Commercial Recreation/Amusement * Financial Services: Bank, Savings and Loan Association, Savings Bank, Mortgage Bank, Thrift Company, Credit Union * Professional Services: General Office, Employment Agency * Residential Care: Convalescent Care Facility/Nursing Home * Religious Facilities: Church, Temple, House of Worship * Convenience Services: Self-Service Laundry The property’s strategic location, combined with its visibility and accessibility, makes it an ideal choice for a variety of commercial ventures. SOLD LAND COMP: NE Cnr W Ann Rd & Rio Vista St - Ann & Rio Vista +-0.85 acres Sold Price $1,000,000 ($1,176,471/AC - $27.01/SF) Date Feb 2022 Las Vegas, NV 89130 0.85 AC Lot 37,026 SF Lot P-R Zoning $1M Sale Price $1.2M Price/AC Don’t miss out on this exceptional investment opportunity in a thriving, high-income neighborhood.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$199 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Day Care Center, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

C-1

APN/PARCEL ID

125-26-410-004

ASK ABOUT THIS PROPERTY

Phil ScheinmanUrban Nest Realty - Commercial DivisionMore Info
702-580-9198

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Phil ScheinmanUrban Nest Realty - Commercial DivisionMore Info
702-580-9198

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.