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5686 N Rainbow Blvd

3,495 SF Office Building Las Vegas, NV 89130 £547,451 (£157/SF)

Investment Highlights

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

Executive Summary

***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.

Property Facts In Escrow

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
3,495 SF
Building Class
C
Year Built
1977
Price
£547,451
Price Per SF
£157
Tenancy
Single
Number of Floors
1
Typical Floor Size
3,495 SF
Building FAR
0.10
Lot Size
0.82 AC
Zoning
C-1 - Excellent Zoning with many different use options, IE: Dental office, Restaurant, Office, Retail, Shopping Center, Church/Temple/house of worship...
  • Listing ID: 32137619

  • Date on Market: 14/06/2024

  • Last Updated:

  • Address: 5686 N Rainbow Blvd, Las Vegas, NV 89130

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