4885 W Tropicana Ave, Las Vegas, NV 89103 - Valuation report, cap rates, free data
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4885 W Tropicana Ave, Las Vegas, NV 89103

Indicative value *
$1.4M - $1.8M
* This indicative valuation is based on sales of other properties in the area, where data is available (see interactive map in the Sales Transactions tab below). For more accurate valuation, please request
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C
Overall location
score
76
Value decline
risk score
71
Value growth
potential score
  • Residential district area with 72% of people residing in the area and 28% commuting here for work
  • Popular area with foot traffic score of 93 (out of 100)
  • Gentrifying area
  • Many amenities within walking distance, including restaurants McMullan's Irish Pub, Parsley Modern Mediterranean, International Marketplace, Wingstop, Yum Cha
  • Neighbors include: Redbox, Carl's Jr.
  • Medium household income of $40,222/year in 0.3mi and $42,103/year in 3mi
  • Medium population density of 4,980/sq.mi. in 0.3mi and 4,104/sq.mi. in 3mi
  • Not on higway, but relatively close, highway score is 65 (out of 100)
  • Medium-sized business tenants in the area, including Alan Waxler Group Llc, AGS Inc, Nevada Beverage Company, Silver Lake Construction Compa, Las Vegas Paving Corporation, Advanced Training Institute, Inc., F & S Corporation Dba Nevada Linen Supply, Fortunet Inc, Creative Kids, Roberts Communications Network, Stonescape Pavers Llc
  • Low retail growth
  • Limited public transit with transit score of 7 (out of 100)
  • Limited business growth
  • Population has low level of education with 17% of people with bachelor degrees
  • USA / Nevada / 89103 / 4885 W Tropicana Ave, Las Vegas, NV 89103, USA Sign up for free property alerts
    Size
    Price
    $/SF
    Estimated
    cap rate
    Date
    Type
    2600
    653
    1.34
    12/10/19
    Retail
    1853
    1203
    0.45
    03/01/19
    Retail
    3369
    837
    1.6
    12/22/17
    Retail
    2437
    383
    2.15
    08/09/17
    Retail
    2440
    928
    1.42
    06/02/17
    Retail
    2600
    447
    1.96
    01/20/17
    Retail
    Estimated cap rates are calculated assuming current average market rents, market vacancy, and average costs for each property. Actual cap rates may differ substantially if the property had lower or higher rents than average for the market, or had a higher or lower than market vacancy, or costs
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    Retail Landscape

    Foot traffic

    Population Density

    Income

    Business Density

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