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$1,175,000

2220 Nevada W Boulevard, Pahrump, NV 89048

Residential, Pahrump, NV

Property Size3,069 SF
Lot Size0.89 Acres
Price / SF$382.86
Days on Market6

Property Features for 2220 Nevada W Boulevard

General Information

Property type Residential Multi Family
Property subtype Other
Interior features Ceiling Fan(s)
Subdivision Nv West Com Cntr U1
Elementary school ,
Directions From Highway 160 coming from Las Vegas. Left onto Nevada West BLVD. You'll see a large NEVADA WEST PLAZA monument sign on the corner. Building is on the right, Second home is just past the large building, the vacant land on the right to the end of the Cul De Sac is all apart of the listing!
Standard status Active
APN 35-441-01
Size 3,069 SF
Lot size 0.89 Acres

Taxes and HOA fees

Tax Annual Amount 3770

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central, Zoned
Cooling system Central Air
Water source Public

Building Details

Year built 1990
Floors in Building 1
Number of units 2
Flooring type Vinyl
Building materials Stucco
Roof type Shingle, Composition
Architectural style Other
Listing Agency: Access Realty
Listed By: Christina M. Cummins · License #S.0194519
Added: Oct 1 Last Checked: Oct 6 at 10:06AM
MLS# 2817011

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.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$40,511
Cap Rate
3.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$810,220 $810.2K
Cap Rate 7%
$578,729 $578.7K
Cap Rate 9%
$450,122 $450.1K
Market Conditions
NOI Build-Up for 3,069 SF
Gross rent
$73.7K $24.00/SF
− Vacancy
−$8.8K −$2.88/SF
EGI
$64.8K $21.12/SF
− OpEx
−$24.3K −$7.92/SF
NOI
$40.5K $13.20/SF
Area
Nye County, NV
Vacancy
12.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$810,220
Cap Rate 7%
$578,729
Cap Rate 9%
$450,122

Alternative Uses

Best Use
Mixed Use
$578.7K
$506.4K – $675.2K (±1% cap)
NOI $40,511 @ 7.0% cap · market cap 3.45%
Second Best
Retail
$450.2K
$394.0K – $525.3K (±1% cap)
NOI $31,516 @ 7.0% cap · market cap 2.68%
Theoretical Best
Office A
$975.2K
$853.3K – $1.14M (±1% cap)
NOI $68,265 @ 7.0% cap · market cap 5.81%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Shopping centers

Location Intelligence

Trade Area within ½ mile

591
Businesses Nearby
24k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 54% Hotels & Casinos 24% Shops & Services 22%
Goodwill Apparel
7,917 visits/mo 0.2 miles
Best Western Pahrump Oasis Hotels & Casinos
5,764 visits/mo 0.3 miles
AutoZone Shops & Services
5,368 visits/mo 0.4 miles
Big 5 Sporting Goods Apparel
5,123 visits/mo 0.1 miles

Demographics for 89048, NV

25,166
Population
11,571
Households
2.2
Avg Household Size
54
Median Age
13%
College-Educated
87%
High-School Grad
86.0 sq mi
ZIP Area
293
Density / Sq Mi
$55,747
Median Household Income
$35,405
Median Earnings
$1,162
Median Rent
$292,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

Where is this mixed-use property located?
The property is located at 2220 Nevada W Boulevard Pahrump, NV.
What is the asking price?
The asking price for this property is $1,175,000.
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