Warehouse with Secure
New
For Sale
$1,625,000
2775 Marion Dr, Las Vegas, NV 89115
A flexible industrial property pairs functional interior space with outdoor yard area for storage or operations.
Property Size5,000 SF
Price / SF$325
Days on Market7
Property Features for 2775 Marion Dr
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Vacant-User
Amenities
Corner lot allowing for easy egress/ingress.
Generous and secure outdoor storage lot totaling 1.2 acres.
Ample visiting parking not shared with neighbors or other buildings.
Good clearance and high interior ceiling allows for creative use to owner user.
Building Details
Building Size
5,000 SF
Year Built
2000
Listing Agency:
Marcus & Millichap | Las Vegas
Listed By:
Ray Germain · License #License(s): NV: S.0168487
(702) 215-7153
Source:
Marcusmillichap
Added: Sep 30
Last Checked: Oct 5 at 3:05PM
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 Marcus & Millichap | Las Vegas
Investment Insights
Based on property information with market context.
At 2775 Marion Drive, the warehouse contains approximately 5,000 square feet and was built in 2000. The 1.2-acre property combines enclosed industrial space with secure outdoor yard area and parking. Its configuration supports warehouse use alongside outdoor storage, with room for separate interior and exterior operations.
The site is in Las Vegas’ North Nellis Industrial Corridor, with access to Cheyenne, Alto, and Carey Avenues.
The site is in Las Vegas’ North Nellis Industrial Corridor, with access to Cheyenne, Alto, and Carey Avenues.
Key Highlights
- Approximately 5,000 square feet of warehouse space
- 1.2‑acre site with secure outdoor yard area
- Built in 2000
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,606
Cap Rate
3.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,072,120
$1.1M
Cap Rate 7%
$765,800
$765.8K
Cap Rate 9%
$595,622
$595.6K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$69.0K $13.80/SF
− Vacancy
−$5.9K −$1.19/SF
EGI
$63.1K $12.61/SF
− OpEx
−$9.5K −$1.89/SF
NOI
$53.6K $10.72/SF
Area
ZIP 89115
Vacancy
8.60%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,072,120
Cap Rate 7%
$765,800
Cap Rate 9%
$595,622
Alternative Uses
Best Use
Warehouse
$765.8K
$670.1K – $893.4K
NOI $53,606 @ 7.0% cap · market cap 3.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.49M
$1.31M – $1.74M
NOI $104,640 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
542
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 89115, NV
67,043
Population
21,670
Households
3.1
Avg Household Size
29
Median Age
9%
College-Educated
70%
High-School Grad
24.9 sq mi
ZIP Area
2,692
Density / Sq Mi
$49,648
Median Household Income
$32,198
Median Earnings
$1,294
Median Rent
$258,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Las Vegas, NV
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Frequently Asked Questions
What type of property is this?
Warehouse - A flexible industrial property pairs functional interior space with outdoor yard area for storage or operations.
Where is this warehouse located?
The property is located at 2775 Marion Dr Las Vegas, NV.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: Approximately 5,000 square feet of warehouse space; 1.2‑acre site with secure outdoor yard area; Built in 2000
