400 S Maryland Pky
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400 S Maryland Pky
2,828 SF Office Building Las Vegas, NV 89101 $1,250,000 ($442/SF)
Investment Highlights
- Located in Downtown Submarket, property is in proximity to the Federal Justice Center and Clark County Just from the Federal and State Justice Courts
- Easy access to I-15 and US-95 Freeways
- Three (3) land parcels totalling 0.55 acres
- Perfect site for a multi-family development
- One (1) ±2,828 SF professional office building
- Property is located on the corner of Lewis Ave. & Maryland Pkwy.
Executive Summary
The property features a ±2,828 square foot professional office building situated on three land parcels totaling 0.55 acres. Constructed in 1953, the building offers ample parking and is prominently located at the corner of Lewis Avenue and Maryland Parkway. The zoning classifications for the site include R-4 (Apartment Residence District) and P-R (Professional Office), making it an ideal candidate for multi-family development. Positioned in the Downtown Submarket, the property is conveniently close to the Federal Justice Center and the Clark County Justice Courts, as well as providing easy access to the I-15 and US-95 Freeways.
Property Facts
Sale Type
Owner User
Sale Condition
Build to Suit
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,828 SF
Building Class
C
Year Built
1953
Price
$1,250,000
Price Per SF
$442
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,828 SF
Building FAR
0.12
Lot Size
0.55 AC
Opportunity Zone
Yes
Zoning
P-R, Las Vegas & R-4 - Professional offices and paring and R-4.
Parking
18 Spaces (6.36 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Signage
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Walk Score®
Very Walkable (88)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $34,780 | |
| Land Assessment | $113,198 | Total Assessment | $147,978 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$113,198
Improvements Assessment
$34,780
Total Assessment
$147,978
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400 S Maryland Pky
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