1955 TropicanaLas Vegas, NV 89119

  • Retail properties
  • 10,781 SF
For Lease
$21/SF/YR View listing

Property Details for 1955 Tropicana

Year built
1993
Construction
FRAME
Lot size
0.85 AC
Property size (Sq ft)
10,781 SF
Property type
Retail properties
Property subtype
Strip malls
APN
162-26-510-001
APU
16226510001

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,133,576
    6.5%
    $2,892,532
    7%
    $2,685,922
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,443,133
    Geo Method
    $5,443,133
  • Alternative Use

    Use
    Valuation
    Residential
    $2,439,959
    Hospitality
    $2,234,989
    Educational
    $1,859,485
    Medical
    $1,923,435
    Retail
    $2,892,532
1955 Tropicana, Las Vegas, Nevada

Location Insight

City
Las Vegas
County
Clark
State
Nevada
Latitude
36.1005
Longitude
-115.126
CBSA code
29820
CBSA name
LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $299,388
  • Assessed land value
    $155,509
  • Assessed value
    $454,897
  • Tax year
    2023
  • Tax bill
    $11,429

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