Listing Agency: Clea's Moapa Valley Realty LLC

Listed By: Clea Whitney · License #B.0145120 Show Phone

Added: Sep 21 Last Checked: Oct 8 at 11:06AM

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MLS# 2820668

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Investment Insights

Based on property information with market context.

This commercial storefront building contains approximately 770 square feet and was built in 1972. The property occupies a 0.22-acre parcel and is located at 156 N Moapa Valley Boulevard in Overton, Nevada.

Available site services include electricity and public sewer, supporting the property's existing commercial use. The building’s boulevard address provides a clearly identified location within the Moapa Valley area.

Key Highlights

• Approximately 770 square feet of commercial building area
• Built in 1972
• 0.22‑acre parcel

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$10,949

Cap Rate

4.23%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$218,980 $219.0K

Cap Rate 7%

$156,414 $156.4K

Cap Rate 9%

$121,656 $121.7K

Market Conditions

NOI Build-Up for 770 SF

Gross rent

$17.1K $22.20/SF

− Vacancy

−$1.5K −$1.89/SF

EGI

$15.6K $20.31/SF

− OpEx

−$4.7K −$6.09/SF

NOI

$10.9K $14.22/SF

Area

Clark County, NV

Vacancy

8.50%

Lease Rate

$22.20 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$218,980

Cap Rate 7%

$156,414

Cap Rate 9%

$121,656

Alternative Uses

Best Use

Retail

$156.4K

$136.9K – $182.5K (±1% cap)

NOI $10,949 @ 7.0% cap · market cap 4.23%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$199.8K

$174.8K – $233.1K (±1% cap)

NOI $13,987 @ 7.0% cap · market cap 5.40%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Storefront properties

Location Intelligence

Trade Area within ½ mile

191

Businesses Nearby

34k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 48% Dining 29% Home Improvements & Furnishings 23%

McDonald's Dining

7,665 visits/mo 0.3 miles

Maverik Adventures First Stop Shops & Services

6,685 visits/mo 0.2 miles

Family Dollar Shops & Services

4,439 visits/mo 0.4 miles

True Value Home Improvements & Furnishings

4,124 visits/mo 0.4 miles

Overton Ace Hardware Home Improvements & Furnishings

3,715 visits/mo 0.2 miles

Demographics for 89040, NV

3,265

Population

1,828

Households

1.8

Avg Household Size

44

Median Age

17%

College-Educated

90%

High-School Grad

498.4 sq mi

ZIP Area

7

Density / Sq Mi

$75,714

Median Household Income

$46,917

Median Earnings

$1,076

Median Rent

$282,400

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Questions? Ask Rey

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What type of property is this? Where is this storefront properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Storefront property - Commercial storefront with electricity available and public sewer service.

Where is this storefront property located?

The property is located at 156 N Moapa Valley Boulevard Overton, NV.

What is the asking price?

The asking price for this property is $259,000.

What are key features of this property?

This property features: Approximately 770 square feet of commercial building area; Built in 1972; 0.22‑acre parcel