Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Las Vegas Retail Space Available Title is generated by Realmo AI

    2420 E Desert Inn Rd, Las Vegas, NV 89121

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Retail space for sale in Las Vegas, 31,086 SqFt.

    Type:Retail
    Property size:
    31,086 SF
    Price / SF:
    $219/SF
    Added:
    Mar 24, 2026
    Days on Market:
    50
    Last Refresh:
    Mar 25 at 8:52 pm

    Property Features for 2420 E Desert Inn Rd

    General Information

    Standard status
    Active
    Size
    31,086 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1970

    We can help!

    Listing Contact
    Patrick R. Luther, CCIM
    Patrick R. Luther, CCIM

    Listing agent Patrick R. Luther, CCIM License #CA License No. 01912215

    Listing office SRS Real Estate Partners Newport Beach

    Listing date Mar 24, 2026

    Source Crexi

    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 SRS Real Estate Partners Newport Beach

    HighLights

    • 6.00% CAP Rate
    • 31,086 SqFt Retail Space
    • Retail Property Type
    • Built in 1970

    Overview

    This retail space, located in Las Vegas, Nevada, offers 31,086 square feet of space. The property is being offered for sale and has a capitalization rate of 6.00%.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ross Dress for Less Men'S Clothing Store Amazon Locker - Arithmetic Postal Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.1178585
    Latitude
    36.1307047

    Nearby Similar for Sale

    • $390,000

      Luxurious Motorcoach Living Site

      Impeccable site built for year-round comfort and entertainment.
      8175 Arville Street, Las Vegas, NV 89139
      View Details
    • $319,900

      Las Vegas Motorcoach Resort Land

      Land with structures in Las Vegas Motorcoach Resort.
      8175 Arville Street, Las Vegas, NV 89139
      View Details
    • $380,000

      Las Vegas Motorcoach Resort Site

      Fully loaded site with rare privacy and luxury amenities.
      8175 Arville Street, Las Vegas, NV 89139
      View Details
    • $950,000
      860 SF

      Upgraded Resort-Style Living in Las Vegas

      Upgraded, fully enclosed structure in Las Vegas Motorcoach Resort.
      8175 Arville Street, Las Vegas, NV 89139
      View Details
    • $305,000

      Luxury Motorcoach Resort Lot

      Guard-gated resort lot with outdoor living and amenities.
      8175 Arville Street, Las Vegas, NV 89139
      View Details
    • $435,000

      Land with Outdoor Living Features

      Landscaped property with outdoor kitchen, lounge, and comfort station.
      8175 Arville Street, Las Vegas, NV 89139
      View Details
    • $699,000
      2,694 SF

      Renovated 4-Plex in Downtown Las Vegas

      Remodeled four-unit property near downtown Las Vegas with strong cashflow.
      1812 Lewis Ave, Las Vegas, NV 89101
      View Details
    • $329,500

      Las Vegas Motorcoach Resort Land

      Corner lot in Las Vegas Motorcoach Resort with premium amenities.
      8175 Arville Street, Las Vegas, NV 89139
      View Details
    • $399,900

      Las Vegas Motorcoach Resort Land

      Oversized lot with extensive amenities in Las Vegas resort.
      8175 Arville Street, Las Vegas, NV 89139
      View Details
    • $420,000

      Corner Lot with Parking

      Corner lot with structures, kitchen, and parking in Las Vegas.
      8175 Arville Street, Las Vegas, NV 89139
      View Details
    • $389,900

      Las Vegas Motorcoach Resort Site

      Luxury resort lot with full kitchen and private bathroom.
      8175 Arville Street, Las Vegas, NV 89139
      View Details
    • $280,000

      Outdoor Living Space in Las Vegas

      Outdoor kitchen, BBQ, fireplace, and TV niche in Las Vegas.
      8175 Arville Street, Las Vegas, NV 89139
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space for sale in Las Vegas, 31,086 SqFt.
    Where is this retail space located?
    The property is located at 2420 E Desert Inn Rd Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $6,814,000.
    What are key features of this property?
    This property features: 6.00% CAP Rate; 31,086 SqFt Retail Space; Retail Property Type
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Patrick R. Luther, CCIM
    Patrick R. Luther, CCIM
    Real Estate License ID: CA License No. 01912215
    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

    Thank You for Inquiry
    2420 E Desert Inn Rd, Las Vegas, NV 89121
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!