Office Space
531 South 7th Street Las Vegas, NV 89101
Details & Description
Price: $759,800
    531 S. 7th Street is located in the Founders District, one of twelve districts in downtown Las Vegas. The site will benefit greatly with Project Neon’s completion with easy freeway access from a number of access points. The Property is in proximity to the Federal Justice Center and Clark County Justice Center. New developments continue to be constructed around the Property.The interior is Built out with reception/lobby, 6 private offices, conference room, kitchen, file/copy area, partial basement, and 2 restrooms. 531 S. 7th Street is located in the Founders District, one of twelve districts in downtown Las Vegas. The site will benefit greatly with Project Neon’s completion with easy freeway access from a number of access points. The Property is in proximity to the Federal Justice Center and Clark County Justice Center. New developments continue to be constructed around the Property.
    Property Highlights
    Listing Agents
    Hayim Mizrachi

    M: 702-340-9600
    hmizrachi@mdlgroup.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    531 South 7th Street

    Las Vegas, NV 89101

    Listing ID: 259264
    • 531 South 7th Street Las Vegas, NV 89101 | for Sale | Photo 1
    • 531 South 7th Street Las Vegas, NV 89101 | for Sale | Photo 2
    • 531 South 7th Street Las Vegas, NV 89101 | for Sale | Photo 3
    531 South 7th Street | for Sale | Thumbnail 1
    531 South 7th Street | for Sale | Thumbnail 2
    531 South 7th Street | for Sale | Thumbnail 3
    Building Size: 2,620 SF
    Lot Size: 0.220 AC
    Land Size: 9,583 SF
    Building $/SF: $290.00
    Land $/SF: $79.29
    Price
    $759,800
    Property Highlights
    2,620 SF Single-story garden style office building
    Lot Size 0.22 acres
    Year built 1991
    Year renovated 2017
    Located in Downtown Submarket two blocks from the Federal and State Justice Courts
    Parcel 139-34-810-018
    Building is currently leased on a month to month basis. Do not disturb tenants
    Sale Price $759,800 $290PSF
    Description

    531 S. 7th Street is located in the Founders District, one of twelve districts in downtown Las Vegas. The site will benefit greatly with Project Neon’s completion with easy freeway access from a number of access points. The Property is in proximity to the Federal Justice Center and Clark County Justice Center. New developments continue to be constructed around the Property.

    The interior is Built out with reception/lobby, 6 private offices, conference room, kitchen, file/copy area, partial basement, and 2 restrooms. 

    531 S. 7th Street is located in the Founders District, one of twelve districts in downtown Las Vegas. The site will benefit greatly with Project Neon’s completion with easy freeway access from a number of access points. The Property is in proximity to the Federal Justice Center and Clark County Justice Center. New developments continue to be constructed around the Property.

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    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Las Vegas History of Office Space for Sale

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    Las Vegas Area Market Trends

    Listing Demographics for 531 South 7th Street Las Vegas, NV 89101

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population18,305170,090507,663
    Population Median Age413736
    Population by Age0-9 Yrs1455 (7%)23047 (13%)71103 (14%)
    10-19 Yrs1345 (7%)22226 (13%)71153 (14%)
    20-29 Yrs2882 (15%)25422 (14%)77872 (15%)
    30-39 Yrs3237 (17%)23655 (13%)70953 (13%)
    40-49 Yrs2587 (14%)22369 (13%)67833 (13%)
    50-59 Yrs2747 (15%)22205 (13%)61860 (12%)
    60-69 Yrs2411 (13%)17564 (10%)47151 (9%)
    70+ Yrs1639 (8%)13603 (7%)39738 (7%)
    Median HH Income$25,514$32,227$37,330
    Total Household Income< 24K3812 (49%)25027 (40%)59819 (33%)
    25-49K1788 (23%)17203 (27%)53965 (30%)
    50-74K886 (11%)8850 (14%)30466 (17%)
    75-99K410 (5%)4737 (7%)16158 (9%)
    100-199K672 (8%)5125 (8%)15922 (8%)
    200K+144 (1%)1320 (2%)2858 (1%)
    Highest Education LevelNo Diploma30923284592476
    Diploma or GED462835319106822
    Some College34752363268878
    Assoc. Degree815573217562
    Bachelors Degree16931039229961
    Higher Degree612442012246
    Total Housing Units9,65376,651216,825
    --Owner-Occupied1,52819,26660,771
    --Renter-Occupied6,18442,995118,416
    Owner-Occupied Values< 100K269448413023
    100-199K573759225831
    200-299K422421214627
    300-399K13111213580
    400-499K716571500
    500K+6312012210
    Total Working Age Population16,057132,908392,285
    In Work Force7,34778,220244,302
    Not In Work Force8,71154,689147,983
    Workforce Employed6,52170,791222,339
    Workforce Unemployed8077,37021,639
    Civlian Workforce7,32878,161243,977
    Military Workforce1958324
    Total Households7,71262,262179,187
    Family Households2,46232,137100,684
    Non-Family Households5,24930,12478,504
    Married Couple1,32016,91454,231
    Other Family1,14215,22346,453
    Married w/Child4607,03423,759
    Single Male w/Child1072,0806,345
    Single Female w/Child3465,98617,691

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Nevada1,998,257+352,700,551+173,149,234+103,460,728
    Clark County1,375,765+421,951,269+192,318,174+102,550,048
    Nye County32,485+3543,946+1148,864+852,587

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 531 South 7th Street in Las Vegas?
    The asking price for 531 South 7th Street is $759,800
    What is the building size of this Office property in Las Vegas, NV?
    The size of the building/unit at 531 South 7th Street in Las Vegas is 2,620 square feet
    How much land does the Las Vegas, NV property at 531 South 7th Street include?
    531 South 7th Street in Las Vegas includes 0.220 acres of land
    What kind of Office is the propery at 531 South 7th Street?
    The property at 531 South 7th Street Las Vegas, NV 89101 is listed as a Professional Office property
    What is the population within 1 mile of 531 South 7th Street in Las Vegas?
    The population within 1 mile of 531 South 7th Street Las Vegas, NV 89101 is 18,305 people.
    Who do I contact for questions about 531 South 7th Street?
    You should contact the listing agent, Hayim Mizrachi, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    McCarran International Airport (LAS) 6
    Ontario International Airport (ONT) 201
    John Wayne Airport-Orange County Airport (SNA) 231
    Price
    $759,800
    Listing Agent
    More listings from Hayim Mizrachi
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