Not at all. You had one example of one club that is folded into an upscale business area. Not the norm at all. Drive around and see where all the strip clubs are located. If the areas aren't already seedy and full of human 'vermin', drive around again in 6 months. 99.9% of them will have a negative impact on the neighborhoods they are in or around.
Like I've said, if you want one in your neighborhood, have at it. But not in MY neighborhood.
I am NOT a supporter of strip joints....I only stated a fact. If you want more examples, the Houston Chronicle has 9 more high volume men's clubs in todays edition....
They generate a total of $260,144,341 in liquore sales, $36,420,208 in State Taxes, and $3,902,170 in local taxes annually....
Guess who will replace this revenue when they are shut down?
None of the neighborhoods associated suffer property value problems...unless, and I say unless.....they are very close to the building or parking lot. These places normally have lot security that tolerate no mischief....It's bad for business!!!!!
I believe the real culprit of property devaluations is the low-budget, back-street barrooms, and drug dens that dot city landscapes everywhere....