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Las Vegas Strip

Las Vegas Strip Valuations

by Administrator on Apr 18, 2016 Las Vegas Strip 513 Views

I have discussed the valuation of Las Vegas Strip properties in the past and how that market stands alone unto itself. The Strip has its ups and downs over time as anyone who follows the news well knows, but those swings are not always in sync with the local Las Vegas / Clark County commercial real estate market. Land values on the Las Vegas Strip often run at least ten times higher than the prices being paid for the most well located off-strip parcels. Valuing land is straight-forward, you can usually find out what was paid and discover the upward or downward trend line and conclude a credible value.

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AVM's and Commercial AVM's 2013 Update

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