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

    2601 W Nevada Hwy 372 Pahrump, NV

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Commercial land available on Highway 372 in Pahrump, Nevada.

    Lot size:
    25.13 Acres

    Property Features for 2601 W Nevada Hwy 372

    General Information

    Lot size
    25.13 Acres

    We can help!

    Listing Contact
    Kenneth M Ledene
    Source: Moodyscre

    Listing Agency: Access Realty LLC Listing Agent: Kenneth M Ledene

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

    Learn more

    Overview

    Commercial Land on Highway 372

    Located on Highway 372 and Woodchips, this commercial land is situated on the west entrance to Pahrump. The property is located headed east on Highway 372. The owner also has another property on Highway 160 and Calvada. The owner is open to selling both properties simultaneously but is also willing to sell them individually. This land offers a commercial location.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Pahrump
    County
    Nye
    State
    Nevada
    Longitude
    -116.0177448
    Latitude
    36.1740487

    Nearby Similar for Sale

    • $399,000
      3,000 SF

      Airplane Hangar with Runway Access

      Airplane hangar with direct runway access and off-grid potential.
      1180 E Airplane Pl, Pahrump, NV 89060
      View Details
    • $338,900
      960 SF

      Commercial Property in Pahrump, Nevada

      1.8 acre commercial property with building and RV hook-ups.
      621 W Mesquite Ave, Pahrump, NV 89060
      View Details
    • $485,000
      13.58 Acres

      Pahrump Farm Property with Water

      13. 58-acre farm with water rights and improvements.
      3171 Tillman St, Pahrump, NV 89061
      View Details
    • $398,000
      19.56 Acres

      Pahrump Land with Water Rights

      19.56 acre parcel with water rights and farmhouse.
      2351 Bond St, Pahrump, NV 89048
      View Details
    • $2,000,000
      14.99 Acres

      Pahrump Land with Aviation Features

      15-acre commercial land with aviation infrastructure and taxiway access.
      941 E Simkins Rd, Pahrump, NV 89060
      View Details
    • Contact for pricing
      0.46 Acres

      Pahrump Land Investment Opportunity

      Multi-family investment opportunity in desirable Calvada Valley, Pahrump.
      2460 S Old West Ave, Pahrump, NV 89048
      View Details
    • $1,900,000

      Pahrump Retail/Office/Medical Building For Sale

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

      Pahrump Industrial/Transportation Opportunity

      Versatile 4.6 AC property suitable for industrial and transportation uses.
      2721 W Bell Vista Ave, Pahrump, NV 89060
      View Details
    • Contact for pricing
      0.36 Acres

      Pahrump Land Zoned Multi-Family

      Land in Pahrump, NV, zoned for multi-family or single-family use.
      2221 E Ironhorse St, Pahrump, NV 89048
      View Details
    • $890,000

      High-Yielding 4-Plex Investment Opportunity

      Fully leased 4-plex with 11.55% cap rate and strong cashflow.
      610 San Lorenzo St, Pahrump, NV 89048
      View Details
    • $1,900,000

      Pahrump Retail/Office/Medical Building For Sale

      10,000 SF building in prime Pahrump location.
      1541 East Basin Ave, Pahrump, NV 89060
      View Details
    • $79,000
      1.15 Acres

      Land in Pahrump, Nevada

      1.15 acre lot suitable for a mini ranch.
      2020 N David St, Pahrump, NV 89060
      View Details

    FAQs

    What type of property is this?
    Land - Commercial land available on Highway 372 in Pahrump, Nevada.
    Where is this land located?
    The property is located at 2601 W Nevada Hwy 372 Pahrump, NV.
    What is the asking price?
    The asking price for this property is $360,000.
    What are key features of this property?
    This property features: - High visibility location on Hwy 372 and Woodchips.; - Great commercial location.; - Opportunity to purchase a second property owned by the same owner.
    (702) 289-0055 Call to check price and availability
    Request Owner's contact information
    2601 W Nevada Hwy 372 Pahrump, NV
    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.
    2601 W Nevada Hwy 372
    Pahrump, NV
    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
    2601 W Nevada Hwy 372 Pahrump, NV
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Kenneth M Ledene
    Real Estate License ID: S.0063720
    (702) 289-0055 (775) 727-2332 (775) 751-2253
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!