3825 Raymert Drive, Las Vegas, NV 89121, Las Vegas, 89121 - 7 bed, 3 bath
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Las Vegas, NV 89121
This Mixed-Use Commercial Asset is a Strong Value Opportunity, listed at $559,999—positioned well above the $522,056 Fair Market Value. While the list price exceeds the current estimation, the property’s C-P Zoning and 27-space parking capacity provide significant utility for high-traffic businesses. Featuring a Good Condition Rating with recent interior renovations, the layout offers a unique dual-income stream via five office spaces and a private residential unit. This versatile property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a functional, income-generating workspace.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3825 Raymert Drive Subject | $549,888* List Price | 7 | 3 | 2,154 | $239 | - |
A 3719 Cherokee Avenue Active | $530,000 List Price | 5 | 5 | 2,776 | $191 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was originally built in 1973, the interior has undergone significant recent renovations. The office spaces and living areas feature modern luxury vinyl plank flooring, updated recessed lighting, fresh neutral paint, and contemporary interior doors. The property appears move-in ready with well-maintained systems, though the exterior asphalt and building shell reflect its original age, placing it firmly in the 'good' category rather than 'excellent'.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14375, living area = 2154.
The unique configuration of five front office spaces combined with a private two-bedroom apartment offers exceptional flexibility for owner-users or investors seeking dual income streams.
With approximately 27 total parking spaces, the property provides a rare and significant advantage for high-traffic businesses such as daycares, medical clinics, or professional services.
Built in 1973, the property likely requires modernization of major systems and cosmetic updates to meet the standards of contemporary commercial tenants.
The hybrid residential and commercial nature of the property may complicate traditional financing options, potentially limiting the pool of qualified buyers to those with commercial or cash resources.
Rare mixed-use commercial opportunity in a high-demand Las Vegas corridor. Approx. 2,200 sq ft featuring 5 front office spaces, 2 restrooms, and a private 2-bedroom/1-bath rear unit. Ample on-site parking with flexibility for professional office, daycare, service-based business, or owner-user occupancy. Zoned Commercial Professional (C-P) with multiple potential permitted uses. Excellent value-add potential in a prime location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,154 | - |
| Lot Size | 14,375 | - |
| Price | $549.9K | $474.8K |
| Price per sq ft | $255 | $257 |
| Built year | 1973 | 0 |
| HOA | $0 | $0 |
| Days on market | 127 | 526 |
Jul 16, 2026
$549,888
$579,999
-5% Price Drop
Initial Listing
Jul 14, 2026
$579,999
$549,888
+5% Price Increase
Initial Listing
Jun 27, 2026
$549,888
$559,999
-2% Price Drop
Initial Listing
Jun 18, 2026
$559,999
$579,998
-3% Price Drop
Initial Listing
May 29, 2026
$579,998
$579,999
+0% Price Increase
Initial Listing
May 22, 2026
$579,999
$584,999
-1% Price Drop
Initial Listing
Apr 15, 2026
$584,999
$599,900
-2% Price Drop
Initial Listing
Mar 17, 2026
$599,900
Initial Listing
Oct 4, 1996
$190,000
Public Record