Warehouse with Two-Story
2965 Coleman Street, North Las Vegas, NV 89032
For Sale
$3,570,000
M-1-zoned industrial space combines warehouse capacity with private offices, reception, and a mezzanine.
Property Size13,468 SF
Lot Size0.88 Acres
Price / SF$265.07
Days on Market50
Property Features for 2965 Coleman Street
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Warehouse & Industrial
Clear Height
Warehouse Space
Office Build-Out
Dock-High Doors
Drive-In Doors
Three-Phase Power
Sprinkler System
Additional Details
Asking Price
Building Details
Buildings
Building Size
Listing Agency:
CBRE | Las Vegas
Listed By:
Kyle Kirchmeier · License NV S.0197013
(702) 369-4862
Source:
Cbre
Added: Sep 26
Changed: Nov 3
Last Checked: Nov 12 at 5:48AM
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 CBRE | Las Vegas
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 13,468 SF industrial property sits on 0.88 acres and includes 11,132 SF of warehouse space alongside a 2,336 SF, two-story office. The office area has three private offices, reception, two single-stall restrooms, and a utility closet; a mezzanine adds another functional component. Warehouse features include 24-foot clear height, ESFR fire sprinklers, and 3-phase power. Loading is supported by three dock-high doors and two grade-level doors.
Zoned M-1 (Business Park Industrial), the property is located at 2965 Coleman Street in North Las Vegas. The offering is fee-simple.
Zoned M-1 (Business Park Industrial), the property is located at 2965 Coleman Street in North Las Vegas. The offering is fee-simple.
Key Highlights
- 13,468 SF industrial building on 0.88 acres
- 11,132 SF warehouse and 2,336 SF two‑story office
- Three dock‑high doors and two grade‑level doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$119,281
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,385,620
$2.4M
Cap Rate 7%
$1,704,014
$1.7M
Cap Rate 9%
$1,325,344
$1.3M
Market Conditions
NOI Build-Up for 13,468 SF
Gross rent
$153.5K $11.40/SF
− Vacancy
−$13.2K −$0.98/SF
EGI
$140.3K $10.42/SF
− OpEx
−$21.0K −$1.56/SF
NOI
$119.3K $8.86/SF
Area
North Las Vegas, NV
Vacancy
8.60%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,385,620
Cap Rate 7%
$1,704,014
Cap Rate 9%
$1,325,344
Alternative Uses
Best Use
Warehouse
$1.70M
$1.49M – $1.99M
NOI $119,281 @ 7.0% cap · market cap 3.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.64M
$3.19M – $4.25M
NOI $255,127 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
24 ft
Clear height
3
Dock-high doors
2
Drive-in doors
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
481
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 89032, NV
47,324
Population
16,514
Households
2.9
Avg Household Size
36
Median Age
16%
College-Educated
82%
High-School Grad
10.0 sq mi
ZIP Area
4,732
Density / Sq Mi
$74,661
Median Household Income
$40,155
Median Earnings
$1,646
Median Rent
$346,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Warehouses in Clark County
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- All My Sons Moving & Storage — 2975 Coleman St, North Las Vegas, NV 89032
- Oasis Moving & Storage — 2545 w cheyenne ave, north las vegas, nv 89032
- Gowan Storage Facility — 2237 W Gowan Rd, North Las Vegas, NV 89032
- Affordable Self Storage Unit — 1827 W Gowan Rd, North Las Vegas, NV 89032
- Rancho Self Storage Units — 1827 w gowan rd, north las vegas, nv 89032
Frequently Asked Questions
What type of property is this?
Warehouse - M-1-zoned industrial space combines warehouse capacity with private offices, reception, and a mezzanine.
Where is this warehouse located?
The property is located at 2965 Coleman Street North Las Vegas, NV.
What is the asking price?
The asking price for this property is $3,570,000.
What are key features of this property?
This property features: 13,468 SF industrial building on 0.88 acres; 11,132 SF warehouse and 2,336 SF two‑story office; Three dock‑high doors and two grade‑level doors
