Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    941 E Simkins Road Pahrump, NV 89060

    View on Map
    For Sale
    $2,000,000

    Land - Pahrump, NV

    Lot size:
    14.99 Acres
    Added:
    Dec 2, 2025
    Days on Market:
    119
    Last Refresh:
    Mar 31 at 9:06 pm

    Property Features for 941 E Simkins Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Commercial
    Standard status
    Active
    APN
    33-041-02
    Lot size
    14.99 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    970
    Expense value
    500
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Utilities

    Sewer type
    None
    Water source
    None

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Sarah Chapman
    Sarah Chapman

    Listing agent Sarah Chapman License #S.0190718

    Listing office Nevada Realty 1771 S Hwy 160, Pahrump, NV

    Listing date Dec 2, 2025

    MLS# 2738787 Listing URL

    Copyright © 2026 Las Vegas REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pahrump Land with Aviation Features

    This nearly 15-acre property, zoned General Commercial, is located at the airport and is ideally suited for aviation-related uses. The property features a power pedestal, a 5,000-gallon fuel tank, taxiway access, turbo prop parking, and a dedicated helipad. Approximately 300 feet of cable is available for aircraft tie-downs. This property offers a strategic location with existing infrastructure, presenting a prime opportunity for commercial ventures requiring direct airport access. The property is located in Pahrump, Nye County, Nevada.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Aviation real estate

    Suggested Use

    Restaurant Law Firm Skin Care Clinic Shopping Center & Mall (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pahrump
    County
    Nye
    State
    Nevada
    Longitude
    -115.998965
    Latitude
    36.277139

    Nearby Similar for Sale

    • $485,000

      Pahrump Farm with Water Rights

      Farm property with water rights, improvements, and agricultural infrastructure.
      3171 Tillman Street, Pahrump, NV 89061
      View Details
    • $338,900

      Commercial Property in Pahrump, Nevada

      1.8 acre commercial property with building and RV hook-ups.
      621 W Mesquite Avenue, Pahrump, NV 89060
      View Details
    • $398,000

      Pahrump Land with Water Rights

      19.56 acre parcel with water rights and farmhouse.
      2351 Bond Street, Pahrump, NV 89048
      View Details
    • $398,000

      Airplane Hangar with Runway Access

      Airplane hangar with direct runway access and off-grid capabilities.
      1180 E Airplane Place, Pahrump, NV 89060
      View Details
    • $600,000

      Aircraft Hangar in Pahrump, Nevada

      60x60 aircraft hangar with flexible interior configuration.
      1321 E Biplane Place, Pahrump, NV 89060
      View Details
    • $175,000

      Pahrump Land with Mountain Views

      Five-acre farm/home site with utilities and mountain views.
      350 Valerio Street, Pahrump, NV 89048
      View Details
    • $973,399
      7,160 SF

      7,160 SF A Fully Occupied Commercial Property For Sale

      Commercial property with immediate cash flow and value-add potential.
      2281 East Postal Drive, Pahrump, NV 89048
      View Details
    • $1,900,000
      10,000 SF

      Pahrump Retail/Office/Medical Building For Sale

      10,000 SF building in prime Pahrump location.
      1541 East Basin Avenue, Pahrump, NV 89060
      View Details
    • $750,000
      10,800 SF

      Commercial Buildings on Two Acres

      Two commercial buildings on two acres near Highway 372.
      1620 W Charleston Park Ave, Pahrump, NV
      View Details
    • $1,900,000
      10,000 SF

      Pahrump Retail/Office/Medical Building For Sale

      10,000 SF building in prime Pahrump location.
      1541 East Basin Avenue, Pahrump, NV 89060
      View Details
    • $899,999

      Pahrump Industrial/Transportation Opportunity

      Versatile 4.6 AC property suitable for industrial and transportation uses.
      2721 -2781 W Bell Vista Ave, Pahrump, NV 89060
      View Details
    • $23,990

      Pahrump Land Investment Opportunity

      Multi-family investment opportunity in desirable Calvada Valley, Pahrump.
      2460 S Old West Avenue, Pahrump, NV 89048
      View Details

    FAQs

    What type of property is this?
    Aviation real estate - 15-acre commercial land with aviation infrastructure and taxiway access.
    Where is this aviation real estate located?
    The property is located at 941 E Simkins Road Pahrump, NV.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: Zoned General Commercial and ideal for aviation use.; Direct taxiway access and dedicated helipad.; Includes a 5,000‑gallon fuel tank.
    (702) 327-8170
    We can help!
    Listing Contact
    Sarah Chapman
    Sarah Chapman
    Real Estate License ID: S.0190718
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!