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    950 Grier Dr Las Vegas, NV 89119

    For Sale
    $7,118,400

    Single-story flex building near Harry Reid International Airport.

    Property size:
    26,862 SF
    Lot size:
    1.34 Acres

    Property Features for 950 Grier Dr

    General Information

    Size
    26,862 SF
    Lot size
    1.34 Acres

    Source: Logic Commercial Real Estate | Las Vegas Agent Cathy Jones

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office/Industrial Flex Building For Sale

    The property at 950 Grier Drive is a single-story office/industrial flex building totaling approximately 26,862 square feet on approximately 1.34 acres. Constructed in 1989, the building is located within the Hughes Airport Center master-planned business park, adjacent to Harry Reid International Airport. It offers excellent access to Interstate 15, Interstate 215, and the Las Vegas Strip, facilitating commutes across the Las Vegas metropolitan area. The building is currently leased to Cirque Du Soleil (S&P B+) through August 31, 2026, with possible early occupancy for an owner-user. The property can also be subdivided into two condos, offering multiple owner-user opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Wholesale Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.1419
    Latitude
    36.069073

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    FAQs

    What type of property is this?
    Flex space - Single-story flex building near Harry Reid International Airport.
    Where is this flex space located?
    The property is located at 950 Grier Dr Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $7,118,400.
    What are key features of this property?
    This property features: - Leased to Cirque Du Soleil (S&P B+) through August 31, 2026, providing stable income.; - Single-story office/industrial flex building totaling approximately ± 26,862 SF on ± 1.34 acres.; - Located in Hughes Airport Center, a master-planned business park adjacent to Harry Reid International Airport.
    (702) 595-8765
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    950 Grier Dr Las Vegas, NV 89119
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    Las Vegas, NV 89119
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    Realmo Value Estimation

    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.

    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.

    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
    950 Grier Dr Las Vegas, NV 89119
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