OFFERING MEMORANDUM ±0.26 ACRES OF VACANT LAND · 1014 E. Sahara Avenue, Las Vegas, Nevada 89104...

1014 E. Sahara Avenue, Las Vegas, Nevada 89104±0.26 ACRES OF VACANT LANDOFFERING MEMORANDUM

1014 E. Sahara Avenue, Las Vegas, NV 89104

SUN COMMERCIAL REAL ESTATE, INC. (the “Broker”) has been retained on an exclusive basis to market the property described herein (the “Property”). Broker has been authorized by the Seller of the Property (the “Seller”) to prepare and distribute the enclosed information (the “Material”) for the purpose of soliciting offers to purchase from interested parties. More detailed financial, title and tenant lease information may be made available upon request following the mutual execution of a letter of intent or contract to purchase between the Seller and a prospective purchaser. You are invited to review this opportunity and make an offer to purchase based upon your analysis. If your offer results in the Seller choosing to open negotiations with you, you will be asked to provide financial references. The eventual purchaser will be chosen based upon an assessment of price, terms, ability to close the transaction and such other matters as the Seller deems appropriate.

The Material is intended solely for the purpose of soliciting expressions of interest from qualified investors for the acquisition of the Property. The Material is not to be copied and/or used for any other purpose or made available to any other person without the express written consent of Broker or Seller. The Material does not purport to be all-inclusive or to contain all of the information that a prospective buyer may require. The information contained in the Material has been obtained from the Seller and other sources and has not been verified by the Seller or its affiliates. The pro forma is delivered only as an accommodation and neither the Seller, Broker , nor any of their respective affiliates, agents, representatives, employees, parents, subsidiaries, members, managers, partners, shareholders, directors, or officers, makes any representation or warranty regarding such pro forma. Purchaser must make its own investigation of the Property and any existing or available financing, and must independently confirm the accuracy of the projections contained in the pro forma.

Seller reserves the right, for any reason, to withdraw the Property from the market. Seller has no obligation, express or implied, to accept any offer. Further, Seller has no obligation to sell the Property unless and until the Seller executes and delivers a signed agreement of purchase and sale on terms acceptable to the Seller, in its sole discretion. By submitting an offer, a purchaser will be deemed to have acknowledged the foregoing and agreed to release Seller and Broker from any liability with respect thereto.

Property walk-throughs are to be conducted by appointment only. Contact Broker for additional information.

Paul ChaffeeSenior Vice [email protected]

Wil ChaffeeSenior Vice [email protected]

CONFIDENTIALITY & DISCLOSURE

The information contained herein was obtained from sources believed reliable, however, Sun Commercial Real Estate, Inc. any of its agents or employees make no guaranty, warranty or representation as to the completeness and/or accuracy thereof, inclusive of any current and future projected returns. Anyone utilizing this analysis does so at their own risk and agrees to hold Sun Commercial Real Estate, Inc., its agents and employees harmless. The presentation of this property is subject to error, omissions change of price or conditions prior to sale, or withdrawal without notice.

6140 Brent Thurman Way, Suite 140, Las Vegas, Nevada 89148 ♦ 702 | 968 | 7300 Ph • 702 | 968 | 7301 Fax ♦ www.SunCommercialRE.com

TABLE OF CONTENTS

Offering HighlightsLas Vegas Valley Location MapAssessor Parcel MapSurrounding Aerial Map

Market Overview Section 2

Area Demographics

Property Overview Section 1


THE OFFERINGSun Commercial Real Estate, Inc. is pleased to offer an exceptional opportunity to purchase two partially improved, vacant land parcels totaling ±0.26 acres available for purchase together or separately at $100,000 per parcel. This availability provides an excellent development opportunity within The City of Las Vegas Redevelopment District. The nearby intersection boasts a daily average traffic count of over 73,000 CPD, 50,000 of which travel directly in front of the project. It is centrally located within close proximity to major points of interest as well as providing convenient access to and from the entire Las Vegas Valley.

OFFERING HIGHLIGHTS• Partially Improved Land• Two separate parcels of equal size available together or separately• Well-established location

PROPERTY LOCATIONThe subject property is located just off of the high traffic street of E. Sahara Avenue just West of Maryland Parkway within The City of Las Vegas Redevelopment District. Well-situated within close proximity of the “The Strip” and “Downtown” with convenient access to the I-15 as well as a short drive to U.S. 95. This subject offers an opportunity to develop a location that addresses approximately 50,0000 CPD that travel on E. Sahara Avenue and over 73,000 CPD at the intersection of E. Sahara Avenue and Maryland Parkway. The subject’s area demographics offers a strong profile for the property’s zoning with tremendous support from a diverse mix of retail and office/medical offices in the surrounding area.

PROPERTY DESCRIPTIONAvailable for sale are two equal-sized, partially improved vacant land parcels; available to purchase either together or separately.

OFFERING HIGHLIGHTS

SUMMARY Building Asking Price: Site Size:

Zoning: Parcel Numbers:

$200,000

162-03-801-067 & 068 ±0.26 Acres

The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness.

C-1 (Limited Commercial District)

Paul ChaffeeSenior Vice [email protected]

Wil ChaffeeSenior Vice [email protected]

John [email protected]

CONTACT TEAM


LAS VEGAS VALLEY LOCATION MAP


ASSESSOR PARCEL MAP

>

>

801

810

802

401

ALHAMBRA DR

ALH

AMBR

A

SAN

TIAG

O S

T

CO

RD

OVA

ST

CIR

006

004

018

021

005

004

012

014

042

008

200212

MAR

YLAN

D P

KWY

ST LOUIS AVE

SIXT

H S

T

ALM

ON

D T

REE

LN

SAHARA AVE

PB 5-61

PB 5-44

1

36

1

18

1

1

13

14

42

39

38

37

36

35

34

33

32

31

1 3 4 5 6

1212 10 7 6

3

4

6

7

1112

1

7

10

891

12

13

56

2

3

7

1

2

2

1

1

2

3

4

5

10

18

1

2

1

A

4040

64.5

110.

66

64.5

90.3

2

44.1

60

64.5

64.5

110.

66

43.84

90.5

911

1.51

3030

6012

524

2.06

50.0

190

.32

40

60.3

60.3

60.3

96.37

55.0

8

109.98 67.3

6

4040

99.53

60.3

60.3

60.3

60.3

60.3

60.3

60.3

60.3

60.3

60.3

60.3

60.3

47

65

111

20

72

80125.7

206.

63

431.43

5050

200

200

90

466.

7

100

114.76

115

100

184.

39

81.82

114.

08

107.

79

111.

19

110.

43

40

103.

17

6670

103.

94

60

104.

75

105.

45

7066

106.

26

50.08

101.

57

107.

83

83.4 70

107.

03

60

102.

47

70

101.

66

66

100.

89

100.

12

66 75.01

92.6

2

103.

63

175.

63

181

150

156.

63

115

114.76150

177 45.5

912

0

197

108.

66

108.

49

40

286R=20

150

330

150

195.22

97.1

368.

96

16

50

16

180.

67

471.97

600.

5

40

102.

93

223.55

222.75

194.

07

600.

02

276

580

72 72 71.21

94.3

3

81.180.38

110.

32 110 110

114.94 110.16

86.5

949

.8

91.83

114.

98

120.03

78.7

4

110

84.6

975

75113.

76

104.72

75.2

95.2

2

80.2

2

115.06

93.6

7

75.9

4

95.95 94.33

110 110

110 110

100.96

115

82.3

875

.84 96

8086

8092

.26

9692

.26

82.3

880

8680

75.8

4

71.9

3

67.3

776

7690

92.3

6

76767676

115

106.89

76.88145.24

140.

9

89.57

90.889.7285.01127.

47

64.16

76 76

115

108.21

135.62

111.11

95.78 130.06

47.8148

.15

51

95.9594.33

53.7

714

5

99.85

95

102.

58

99.51

779595

77

191.07

112

99.51

80 80

112.83

87.8

150

.13

55.1

4

112.19 112.19 109.46 114.93

198.

08

205.

0920

5.88

214.

5587

.78

45.4

245

.42

112.09

113.35

113.23

112.34

114.76110.555

100

75 75

150

150

171.

17

177.

08

54.1

6

50.4

7

97.2

9

104.

59

50

93.85

114.76114.7644.6

150

5050

50

50.8

149

.55

5050

5050

50

5060

62.5

67

179.

1

55.7

650

108.65

108.65

108.81

108.6550

5010

0

100

5050

350

114.15

253.

13

243.

6316

3.06

243.

51

146.

25

149.

89

150

201.

33

199.

71 250.

98

197.

96

114.76

100 114.76 114.76

301.14 114.7

150.

53

150.

57

115

114.76

163.

02

114.15

113.8

244.

82

244.

75

114.7 114.7 114.37

200

205.

43

200.

1

50

54.1

6

112.89 50.4

9

96.6

2

108.67

99.0

7

1444.77

55.98

56.111525115

160

303

330

225

64

5050

5019

1.85

200.

42

200.

4215

0

37.75 71

37.75

150

115115

114.92

15090

114.92

56.2

150

5050

5050 14

9.58

149.

5850

5050

100

60

120

127.

04

222.26

119.

9815

3.31

5050

149.

92

15

30.06

15

49.9

8106.23 91.62

152.

11

80.32401.66

102

112

51.68

103.5528.53

93.7

9

345.

17

44.0526.5

126.

734

0

110.08

214.

3

132.08

167.

56

277.85

114.76

25.0

4

30

30

125.7

60.07

30

7251

110

115

51

5151

51

112.68

111.85

114.76

60.07

47.6

5

230

86.5

9

53.8

7

99.53

158.

81

R=2576.97

293.

11

264.46

115

62.0

8

76.0

7

41.8

6

114.77

114.750

40

6040

20

586.52218.73

389.98

63.5

63.5

83.63

99.53

99.53

61.1

7

52.5

260

.360

.3

65.99 12 48 30 35 60.99 5 77.06

9424125411868.3159 56 11 20 28 31 30 37 39

"A"

PB 56-95

811

1

PM 86-68

PM 96-88

PM 108-80

PM 94-91

PARADISE

PLAZA

TRACT 1

ALTA VISTA ADD TR NO 4

108.

4

108.

39

48

SOUTHRIDGE TRACT NO 6

PM35-15

TOWN AND COUNTRY ESTATES112

PM 97-79

PM 25-86

1PM

88-26108.78

108.78

SAHARA COURTYARDS CONDOMINIUMS

108.66

PM 114-40

007

801

112.5

112.77

PT PT15 14PT 1316

34 34

PT16 15

PT

18

40.0

6

17 30131725

14 1250 59 911PT 8 396 3 21

10 11987

2654321

43

1PT PT PT PT

PT 2 PT 4

PT5

715723

421

41

40

1 2 3

343

166.

15

PB 7-65 51

111098765

2

38

9

14

15

16

17

2

2

4

214

200 214

214

114.93

114.76

114.76

135

0.01

356.

22

PM123-52

003

011

006

013

007

002

001

009

010

024

023

001

018

003

008

015

009016

007

002

005

0058004

70081

1130.1

1120.2

1260.4

0280.4

0010.6

0610.2

0860.4

0080.4

1180.5116

0.8

1400.93

1381.06

0430.130440.13

1140.44111

0.13

1090.11

0910.12

1240.131250.13

0970.35

0060.36

0580.55

0071.46

0033.09

0021.13

1342.27

1350.69

1220.61010

0.490090.23

1311.18

1270.37

1300.97

0110.22

1362.08

0310.15029

0.27

0230.14

0220.12

0210.46

0200.44

0190.26

0180.52

0320.13024

0.130250.13013

0.17 0540.26

0500.24

0510.26

0260.13

1330.39045

0.390140.18

0470.19

0490.12 004

0.310030.37

0020.27

0670.13046

0.190600.46

0640.12063

0.15 0710.13

0680.13

0750.12

0730.13

1290.84

0050.54

0590.26

1051.06

0740.16

0870.13057

0.23

0850.13

0070.56

0560.66

0720.13 080

0.27 0950.27

0940.13081

0.170930.13

0920.13

0992.59

0790.13078

0.26

0770.14

0880.42

0980.13

0060.58

0960.13090

0.24

1080.55

1100.65

0090.71

0890.14

1170.53

1190.49104

0.641070.53

1060.51137

0.391000.39

See Condo List Page

012

003 004

037

028

027

026

025

024

023

032

031

030

029

035

034

036

037

014013012011010009008007006005002001040

001

031032041004003002001036

030040 033005

011029034039

006

010028

035038007

013027

036037014 008009

026

033

025024023022016

021020 073019018017

0150.01

90-001

NO

TES

This map is for assessment use only and does NOT represent a survey.

No liability is assumed for the accuracy of the data deliniated herein. Information on roads and other non-assessed parcels may be obtained from the Road Document Listing in the Assessor's Office.

This map is compiled from official records, including surveys and deeds, but only contains the information required for assessment. See the recorded documents for more detailed legal information.

MA

P LE

GE

ND

USE THIS SCALE(FEET) WHEN MAP REDUCED FROM 11X17 ORIGINAL

ASSESSOR'S PARCELS - CLARK CO., NV.

Scale: 1" = 200' 6/26/2018

T21S R61E 3 S 2 SE 4 162-03-8

31

30

19

1

1314

121110987

6 5 4 3 2

3635343332

29 28 27 26

24

25

23222120

18 17 16 15

BO

OK

SEC

.

MA

P

2

3

4

5

6

7

8

1

2

3

4

51

8

7

5

6

4 8

212,200,214

PARCEL BOUNDARYSUB BOUNDARY

ROAD EASEMENTPM/LD BOUNDARY

HISTORIC LOT LINEMATCH / LEADER LINE

ROAD PARCEL NUMBERPARCEL NUMERACREAGE

PARCEL SUB/SEQ NUMBER

PLAT RECORDING NUMBERBLOCK NUMBERLOT NUMBERGOV. LOT NUMBER

10010011.00

202PB 24-45

55

GL5

HISTORIC SUB BOUNDARYHISTORIC PM/LD BOUNDARY

15

8 4

Rev:

TAX DIST

0 200 400 600 800100 SECTION LINE

CONDOMINIUM UNITAIR SPACE PCLRIGHT OF WAY PCLSUB-SURFACE PCL

139

162 161

140138

163

177 178176

124 123125Michele W. Shafe - Assessor

>

>

801

810

802

401

ALHAMBRA DR

ALH

AMBR

A

SAN

TIAG

O S

T

CO

RD

OVA

ST

CIR

006

004

018

021

005

004

012

014

042

008

200212

MAR

YLAN

D P

KWY

ST LOUIS AVE

SIXT

H S

T

ALM

ON

D T

REE

LN

SAHARA AVE

PB 5-61

PB 5-44

1

36

1

18

1

1

13

14

42

39

38

37

36

35

34

33

32

31

1 3 4 5 6

1212 10 7 6

3

4

6

7

1112

1

7

10

891

12

13

56

2

3

7

1

2

2

1

1

2

3

4

5

10

18

1

2

1

A

4040

64.5

110.

66

64.5

90.3

2

44.1

60

64.5

64.5

110.

66

43.84

90.5

911

1.51

3030

6012

524

2.06

50.0

190

.32

40

60.3

60.3

60.3

96.37

55.0

8

109.98 67.3

6

4040

99.53

60.3

60.3

60.3

60.3

60.3

60.3

60.3

60.3

60.3

60.3

60.3

60.3

47

65

111

20

72

80125.7

206.

63

431.43

5050

200

200

90

466.

7

100

114.76

115

100

184.

39

81.82

114.

08

107.

79

111.

19

110.

43

40

103.

17

6670

103.

94

60

104.

75

105.

45

7066

106.

26

50.08

101.

57

107.

83

83.4 70

107.

03

60

102.

47

70

101.

66

66

100.

89

100.

12

66 75.01

92.6

2

103.

63

175.

63

181

150

156.

63

115

114.76150

177 45.5

912

0

197

108.

66

108.

49

40

286R=20

150

330

150

195.22

97.1

368.

96

16

50

16

180.

67

471.97

600.

5

40

102.

93

223.55

222.75

194.

07

600.

02

276

580

72 72 71.21

94.3

3

81.180.38

110.

32 110 110

114.94 110.16

86.5

949

.8

91.83

114.

98

120.03

78.7

4

110

84.6

975

75113.

76

104.72

75.2

95.2

2

80.2

2

115.06

93.6

7

75.9

4

95.95 94.33

110 110

110 110

100.96

11582

.38

75.8

4 9680

8680

92.2

696

92.2

6

82.3

880

8680

75.8

4

71.9

3

67.3

776

7690

92.3

6

76767676

115

106.89

76.88145.24

140.

9

89.57

90.889.7285.01127.

47

64.16

76 76

115

108.21

135.62

111.11

95.78 130.06

47.81

48.1

5

5195.9594.33

53.7

714

5

99.85

95

102.

58

99.51

779595

77

191.07

112

99.51

80 80

112.83

87.8

150

.13

55.1

4

112.19 112.19 109.46 114.93

198.

08

205.

0920

5.88

214.

5587

.78

45.4

245

.42

112.09

113.35

113.23

112.34

114.76110.555

100

75 75

150

150

171.

17

177.

08

54.1

6

50.4

7

97.2

9

104.

59

50

93.85

114.76114.7644.6

150

5050

50

50.8

149

.55

5050

5050

50

5060

62.5

67

179.

1

55.7

650

108.65

108.65

108.81

108.65

5050

100

100

5050

350

114.15

253.

13

243.

6316

3.06

243.

51

146.

25

149.

89

150

201.

33

199.

71 250.

98

197.

96

114.76

100 114.76 114.76

301.14 114.7

150.

53

150.

57

115

114.76

163.

02

114.15

113.8

244.

82

244.

75

114.7 114.7 114.37

200

205.

43

200.

1

50

54.1

6

112.89 50.4

9

96.6

2

108.67

99.0

7

1444.77

55.98

56.111525115

160

303

330

225

64

5050

5019

1.85

200.

42

200.

4215

0

37.75 71

37.75

150

115115

114.92

15090

114.92

56.2

150

5050

5050 14

9.58

149.

5850

5050

100

60

120

127.

04

222.26

119.

9815

3.31

5050

149.

92

15

30.06

15

49.9

8

106.23 91.62

152.

11

80.32401.66

102

112

51.68

103.5528.53

93.7

9

345.

17

44.0526.5

126.

734

0

110.08

214.

3

132.08

167.

56

277.85

114.76

25.0

4

30

30

125.7

60.07

30

7251

110

115

51

5151

51

112.68

111.85

114.76

60.07

47.6

5

230

86.5

9

53.8

799.53

158.

81

R=2576.97

293.

11

264.46

115

62.0

8

76.0

7

41.8

6

114.77

114.750

40

6040

20

586.52218.73

389.98

63.5

63.5

83.63

99.53

99.53

61.1

7

52.5

260

.360

.3

65.99 12 48 30 35 60.99 5 77.06

9424125411868.3159 56 11 20 28 31 30 37 39

"A"

PB 56-95

811

1

PM 86-68

PM 96-88

PM 108-80

PM 94-91

PARADISE

PLAZA

TRACT 1

ALTA VISTA ADD TR NO 4

108.

4

108.

39

48

SOUTHRIDGE TRACT NO 6

PM35-15

TOWN AND COUNTRY ESTATES112

PM 97-79

PM 25-86

1PM

88-26108.78

108.78

SAHARA COURTYARDS CONDOMINIUMS

108.66

PM 114-40

007

801

112.5

112.77

PT PT15 14PT 1316

34 34

PT16 15

PT

18

40.0

6

17 30131725

14 1250 59 911PT 8 396 3 21

10 11987

2654321

43

1PT PT PT PT

PT 2 PT 4

PT5

715723

421

41

40

1 2 3

343

166.

15

PB 7-65 51

111098765

2

38

9

14

15

16

17

2

2

4

214

200 214

214

114.93

114.76

114.76

1

350.

01

356.

22

PM123-52

003

011

006

013

007

002

001

009

010

024

023

001

018

003

008

015

009016

007

002

005

0058004

70081

1130.1

1120.2

1260.4

0280.4

0010.6

0610.2

0860.4

0080.4

1180.5116

0.8

1400.93

1381.06

0430.130440.13

1140.44111

0.13

1090.11

0910.12

1240.131250.13

0970.35

0060.36

0580.55

0071.46

0033.09

0021.13

1342.27

1350.69

1220.61010

0.490090.23

1311.18

1270.37

1300.97

0110.22

1362.08

0310.15029

0.27

0230.14

0220.12

0210.46

0200.44

0190.26

0180.52

0320.13024

0.130250.13013

0.17 0540.26

0500.24

0510.26

0260.13

1330.39045

0.390140.18

0470.19

0490.12 004

0.310030.37

0020.27

0670.13046

0.190600.46

0640.12063

0.15 0710.13

0680.13

0750.12

0730.13

1290.84

0050.54

0590.26

1051.06

0740.16

0870.13057

0.23

0850.13

0070.56

0560.66

0720.13 080

0.27 0950.27

0940.13081

0.170930.13

0920.13

0992.59

0790.13078

0.26

0770.14

0880.42

0980.13

0060.58

0960.13090

0.24

1080.55

1100.65

0090.71

0890.14

1170.53

1190.49104

0.641070.53

1060.51137

0.391000.39

See Condo List Page

012

003 004

037

028

027

026

025

024

023

032

031

030

029

035

034

036

037

014013012011010009008007006005002001040

001

031032041004003002001036

030040 033005

011029034039

006

010028

035038007

013027

036037014 008009

026

033

025024023022016

021020 073019018017

0150.01

90-001

NO

TES

This map is for assessment use only and does NOT represent a survey.

No liability is assumed for the accuracy of the data deliniated herein. Information on roads and other non-assessed parcels may be obtained from the Road Document Listing in the Assessor's Office.

This map is compiled from official records, including surveys and deeds, but only contains the information required for assessment. See the recorded documents for more detailed legal information.

MA

P LE

GE

ND

USE THIS SCALE(FEET) WHEN MAP REDUCED FROM 11X17 ORIGINAL

ASSESSOR'S PARCELS - CLARK CO., NV.

Scale: 1" = 200' 6/26/2018

T21S R61E 3 S 2 SE 4 162-03-8

31

30

19

1

1314

121110987

6 5 4 3 2

3635343332

29 28 27 26

24

25

23222120

18 17 16 15

BO

OK

SEC

.

MA

P

2

3

4

5

6

7

8

1

2

3

4

51

8

7

5

6

4 8

212,200,214

PARCEL BOUNDARYSUB BOUNDARY

ROAD EASEMENTPM/LD BOUNDARY

HISTORIC LOT LINEMATCH / LEADER LINE

ROAD PARCEL NUMBERPARCEL NUMERACREAGE

PARCEL SUB/SEQ NUMBER

PLAT RECORDING NUMBERBLOCK NUMBERLOT NUMBERGOV. LOT NUMBER

10010011.00

202PB 24-45

55

GL5

HISTORIC SUB BOUNDARYHISTORIC PM/LD BOUNDARY

15

8 4

Rev:

TAX DIST

0 200 400 600 800100 SECTION LINE

CONDOMINIUM UNITAIR SPACE PCLRIGHT OF WAY PCLSUB-SURFACE PCL

139

162 161

140138

163

177 178176

124 123125Michele W. Shafe - Assessor


SURROUNDING AERIAL MAP

E. S

AHAR

A AV

E. ±

50,0

00 C

PDSUBJECT PROPERTY

MARYLAND PKWY. ±27,000 CPD

E. KAREN AVE.


AREA DEMOGRAPHICS (1 MILE RADIUS)Demographic and Income Profile1014 E Sahara Ave, Las Vegas, Nevada, 89104 Prepared by EsriRing: 1 mile radius Latitude: 36.14530

Longitude: -115.14052

Summary Census 2010 2018 2023Population 21,464 23,124 24,655Households 8,129 8,668 9,225Families 4,386 4,563 4,812Average Household Size 2.62 2.65 2.65Owner Occupied Housing Units 3,030 2,890 3,216Renter Occupied Housing Units 5,099 5,777 6,009Median Age 36.8 38.2 38.3

Trends: 2018 - 2023 Annual Rate Area State NationalPopulation 1.29% 1.59% 0.83%Households 1.25% 1.48% 0.79%Families 1.07% 1.44% 0.71%Owner HHs 2.16% 2.06% 1.16%Median Household Income 2.82% 2.45% 2.50%

2018 2023 Households by Income Number Percent Number Percent

<$15,000 1,630 18.8% 1,399 15.2%$15,000 - $24,999 1,268 14.6% 1,176 12.7%$25,000 - $34,999 1,299 15.0% 1,325 14.4%$35,000 - $49,999 1,285 14.8% 1,372 14.9%$50,000 - $74,999 1,313 15.1% 1,483 16.1%$75,000 - $99,999 676 7.8% 874 9.5%$100,000 - $149,999 754 8.7% 1,063 11.5%$150,000 - $199,999 202 2.3% 239 2.6%$200,000+ 240 2.8% 293 3.2%

Median Household Income $36,161 $41,562Average Household Income $54,129 $63,355Per Capita Income $21,436 $24,842

Census 2010 2018 2023 Population by Age Number Percent Number Percent Number Percent

0 - 4 1,535 7.2% 1,520 6.6% 1,633 6.6%5 - 9 1,351 6.3% 1,443 6.2% 1,513 6.1%10 - 14 1,242 5.8% 1,319 5.7% 1,401 5.7%15 - 19 1,334 6.2% 1,321 5.7% 1,380 5.6%20 - 24 1,459 6.8% 1,649 7.1% 1,724 7.0%25 - 34 3,253 15.2% 3,324 14.4% 3,649 14.8%35 - 44 3,087 14.4% 3,064 13.3% 3,131 12.7%45 - 54 3,120 14.5% 3,060 13.2% 3,068 12.4%55 - 64 2,526 11.8% 2,871 12.4% 2,973 12.1%65 - 74 1,405 6.5% 2,094 9.1% 2,392 9.7%75 - 84 830 3.9% 1,039 4.5% 1,338 5.4%

85+ 320 1.5% 420 1.8% 453 1.8%Census 2010 2018 2023

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 11,706 54.5% 11,616 50.2% 11,575 46.9%Black Alone 1,713 8.0% 2,082 9.0% 2,336 9.5%American Indian Alone 241 1.1% 252 1.1% 261 1.1%Asian Alone 1,735 8.1% 1,983 8.6% 2,265 9.2%Pacific Islander Alone 130 0.6% 144 0.6% 159 0.6%Some Other Race Alone 4,976 23.2% 5,924 25.6% 6,811 27.6%Two or More Races 962 4.5% 1,122 4.9% 1,248 5.1%

Hispanic Origin (Any Race) 10,740 50.0% 12,459 53.9% 13,901 56.4%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2018 and 2023.

October 04, 2018

©2018 Esri Page 1 of 6

Demographic and Income Profile1014 E Sahara Ave, Las Vegas, Nevada, 89104 Prepared by EsriRing: 1 mile radius Latitude: 36.14530


AreaStateUSA

Trends 2018-2023Trends 2018-2023

Ann

ual R

ate

(in

perc

ent) 2.5

2

1.5

1

0.5

0Population Households Families Owner HHs Median HH Income

20182023

Population by AgePopulation by Age

Perc

ent

14

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

2018 Household Income 2018 Household Income

<$15K18.8%

$15K - $24K14.6%

$25K - $34K15.0%

$35K - $49K14.8%

$50K - $74K15.1%

$75K - $99K7.8%

$100K - $149K8.7%

$150K - $199K2.3%

$200K+2.8%

2018 Population by Race2018 Population by Race

Perc

ent

50

45

40

35

30

25

20

15

10

5

0White Black Am. Ind. Asian Pacific Other Two+

2018 Percent Hispanic Origin: 53.9%


October 04, 2018








<$15,000 14,592 21.7% 13,048 18.3%$15,000 - $24,999 11,295 16.8% 11,095 15.5%$25,000 - $34,999 10,054 14.9% 10,471 14.7%$35,000 - $49,999 10,665 15.8% 11,409 16.0%$50,000 - $74,999 9,626 14.3% 10,923 15.3%$75,000 - $99,999 4,543 6.7% 5,825 8.2%$100,000 - $149,999 3,973 5.9% 5,559 7.8%$150,000 - $199,999 1,299 1.9% 1,502 2.1%$200,000+ 1,321 2.0% 1,567 2.2%



0 - 4 11,525 7.0% 11,020 6.4% 11,680 6.4%5 - 9 9,944 6.0% 10,073 5.8% 10,328 5.6%10 - 14 8,828 5.3% 9,179 5.3% 9,528 5.2%15 - 19 10,271 6.2% 9,916 5.7% 10,396 5.7%20 - 24 12,619 7.6% 12,897 7.4% 13,182 7.2%25 - 34 25,092 15.2% 25,937 15.0% 26,900 14.7%35 - 44 23,124 14.0% 22,433 13.0% 23,827 13.0%45 - 54 23,657 14.3% 22,262 12.9% 22,046 12.0%55 - 64 19,762 12.0% 22,490 13.0% 23,087 12.6%65 - 74 11,669 7.1% 16,538 9.5% 19,398 10.6%75 - 84 6,467 3.9% 7,719 4.5% 9,899 5.4%

85+ 2,081 1.3% 2,756 1.6% 3,032 1.7%Census 2010 2018 2023

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 85,894 52.0% 82,094 47.4% 80,860 44.1%Black Alone 20,636 12.5% 24,363 14.1% 27,125 14.8%American Indian Alone 1,682 1.0% 1,730 1.0% 1,775 1.0%Asian Alone 10,939 6.6% 12,438 7.2% 14,288 7.8%Pacific Islander Alone 995 0.6% 1,072 0.6% 1,169 0.6%Some Other Race Alone 37,257 22.6% 42,750 24.7% 48,339 26.4%Two or More Races 7,634 4.6% 8,775 5.1% 9,747 5.3%



October 04, 2018




AreaStateUSA

Trends 2018-2023Trends 2018-2023

Ann

ual R

ate

(in

perc

ent)

2.42.2

21.81.61.41.2

10.80.60.40.2


20182023


Perc

ent

14

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+


<$15K21.7%

$15K - $24K16.8%

$25K - $34K14.9%

$35K - $49K15.8%

$50K - $74K14.3%

$75K - $99K6.7%

$100K - $149K5.9%

$150K - $199K1.9%

$200K+2.0%


Perc

ent

45

40

35

30

25

20

15

10

5




October 04, 2018


AREA DEMOGRAPHICS (3 MILE RADIUS)


AREA DEMOGRAPHICS (5 MILE RADIUS)Demographic and Income Profile1014 E Sahara Ave, Las Vegas, Nevada, 89104 Prepared by EsriRing: 5 mile radius Latitude: 36.14530





<$15,000 31,536 17.5% 27,608 14.5%$15,000 - $24,999 27,959 15.5% 26,534 13.9%$25,000 - $34,999 26,556 14.7% 26,857 14.1%$35,000 - $49,999 29,940 16.6% 31,054 16.3%$50,000 - $74,999 30,583 16.9% 33,892 17.8%$75,000 - $99,999 15,724 8.7% 20,110 10.5%$100,000 - $149,999 12,034 6.7% 17,030 8.9%$150,000 - $199,999 3,309 1.8% 3,924 2.1%$200,000+ 2,961 1.6% 3,641 1.9%



0 - 4 39,010 8.0% 38,108 7.4% 40,471 7.4%5 - 9 35,327 7.2% 35,728 6.9% 37,015 6.8%10 - 14 32,286 6.6% 33,144 6.4% 34,665 6.3%15 - 19 34,468 7.1% 33,057 6.4% 34,572 6.3%20 - 24 36,646 7.5% 38,553 7.5% 39,109 7.2%25 - 34 73,559 15.1% 79,029 15.3% 82,388 15.1%35 - 44 68,346 14.0% 66,185 12.8% 71,374 13.1%45 - 54 63,801 13.1% 62,242 12.1% 61,969 11.3%55 - 64 50,452 10.3% 57,932 11.2% 60,260 11.0%65 - 74 31,638 6.5% 43,535 8.4% 49,883 9.1%75 - 84 17,108 3.5% 20,849 4.0% 26,282 4.8%

85+ 5,444 1.1% 7,229 1.4% 8,016 1.5%Census 2010 2018 2023

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 243,347 49.9% 234,496 45.5% 231,361 42.4%Black Alone 61,973 12.7% 71,955 14.0% 79,280 14.5%American Indian Alone 4,337 0.9% 4,470 0.9% 4,582 0.8%Asian Alone 27,582 5.7% 31,281 6.1% 35,695 6.5%Pacific Islander Alone 2,967 0.6% 3,176 0.6% 3,434 0.6%Some Other Race Alone 124,772 25.6% 143,810 27.9% 162,513 29.8%Two or More Races 23,107 4.7% 26,403 5.1% 29,139 5.3%



October 04, 2018




AreaStateUSA

Trends 2018-2023Trends 2018-2023

Ann

ual R

ate

(in

perc

ent)

2.42.2

21.81.61.41.2

10.80.60.40.2


20182023


Perc

ent

14

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+


<$15K17.5%

$15K - $24K15.5%

$25K - $34K14.7%

$35K - $49K16.6%

$50K - $74K16.9%

$75K - $99K8.7%

$100K - $149K6.7%

$150K - $199K1.8%

$200K+1.6%


Perc

ent

45

40

35

30

25

20

15

10

5




October 04, 2018


OFFERING MEMORANDUM ±0.26 ACRES OF VACANT LAND · 1014 E. Sahara Avenue, Las Vegas, Nevada 89104...

Documents

Transcript of OFFERING MEMORANDUM ±0.26 ACRES OF VACANT LAND · 1014 E. Sahara Avenue, Las Vegas, Nevada 89104...