Downtown
10 East Bonanza Road, Las Vegas, NV 89101
For Sale
$549,000
Annual leases are in place, with property management maintaining the building.
Property Size2,381 SF
Price / SF$230.58
Days on Market565
Property Features for 10 East Bonanza Road
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Road Access
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Desert Realty
Listed By:
Liz Thompson · License #S.0016018
(702) 368-4445
Source:
Marionrealestateservices
Added: Apr 23, 2025
Changed: Nov 7
Last Checked: Nov 7 at 7:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Desert Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains 2,381 square feet and was built in 1946. The building is maintained through property management, and its units are leased on annual terms.
At 10 East Bonanza Road in Las Vegas, the property faces East Bonanza Road and sits half a block from North Main Street.
At 10 East Bonanza Road in Las Vegas, the property faces East Bonanza Road and sits half a block from North Main Street.
Key Highlights
- 2,381‑square‑foot duplex built in 1946
- Annual lease terms
- Faces East Bonanza Road, half a block from North Main Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,406
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$548,120
$548.1K
Cap Rate 7%
$391,514
$391.5K
Cap Rate 9%
$304,511
$304.5K
Market Conditions
NOI Build-Up for 2,381 SF
Gross rent
$41.4K $17.40/SF
− Vacancy
−$2.3K −$0.96/SF
EGI
$39.2K $16.44/SF
− OpEx
−$11.7K −$4.93/SF
NOI
$27.4K $11.51/SF
Area
Las Vegas, NV
Vacancy
5.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$548,120
Cap Rate 7%
$391,514
Cap Rate 9%
$304,511
Alternative Uses
Best Use
Multifamily LT 5
$391.5K
$342.6K – $456.8K
NOI $27,406 @ 7.0% cap · market cap 4.99%
Second Best
Apartment 5plus
$361.8K
$316.6K – $422.1K
NOI $25,326 @ 7.0% cap · market cap 4.61%
Theoretical Best
Specialty Retail
$822.7K
$719.9K – $959.9K
NOI $57,592 @ 7.0% cap · market cap 10.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,133
Businesses Nearby
Explore this area
Business Placement
Demographics for 89101, NV
42,465
Population
18,258
Households
2.3
Avg Household Size
35
Median Age
11%
College-Educated
66%
High-School Grad
5.4 sq mi
ZIP Area
7,864
Density / Sq Mi
$38,653
Median Household Income
$29,471
Median Earnings
$1,008
Median Rent
$258,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Las Vegas, NV
Properties on Market for Duplexes in Las Vegas
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Annual leases are in place, with property management maintaining the building.
Where is this duplex located?
The property is located at 10 East Bonanza Road Las Vegas, NV.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 2,381‑square‑foot duplex built in 1946; Annual lease terms; Faces East Bonanza Road, half a block from North Main Street
