Office-Industrial Flex
For Sale
Contact for pricing
3020 S Valley View Blvd, Las Vegas, NV 89102
Concrete tilt-up flex building with well-appointed office space and four grade-level loading doors.
Property Size19,512 SF
Price / SF$235.75
Days on Market205
Property Features for 3020 S Valley View Blvd
General Information
Standard status
Active
Size
19,512 SF
Property subtype
INDUSTRIAL
Zoning
M
Warehouse & Industrial
Drive-In Doors
4
Heavy Power
Yes
Additional Details
Highway Access
Yes
Amenities
private offices
conference room
reception area
restrooms
Building Details
Construction
concrete tilt-up
Listing Agency:
NAI Vegas
(702) 383-3383
Listed By:
Erik Sexton.. · License ##S.0196453
(702) 383-3383
Source:
Moodyscre
Added: Jan 9
Changed: Jul 25
Last Checked: Aug 1 at 4:44AM
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 NAI Vegas
Investment Insights
Based on property information with market context.
This high-end office-industrial flex building includes well-appointed office space with multiple private offices, a conference room, a reception area, and three restrooms. The facility is supported by concrete tilt-up construction and features four grade-level loading doors.
The property is positioned in the Southwest submarket with access to the Las Vegas Strip, I-15, and I-215.
With M-zoned industrial use and robust electrical service provided by 3,000 amps of 277/480V three-phase power, the building is designed to support a range of industrial and office-related operations for an owner-user or investor.
The property is positioned in the Southwest submarket with access to the Las Vegas Strip, I-15, and I-215.
With M-zoned industrial use and robust electrical service provided by 3,000 amps of 277/480V three-phase power, the building is designed to support a range of industrial and office-related operations for an owner-user or investor.
Key Highlights
- Concrete tilt‑up flex building with well‑appointed office space plus four grade‑level loading doors
- Office features include multiple private offices, a conference room, reception area, and three restrooms
- Power infrastructure includes 3,000 amps of 277/480V three‑phase power
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $468.3k | $24.00 |
| − Vacancy | −$67.9k | −$3.48 |
| EGI | $400.4k | $20.52 |
| − OpEx | −$100.1k | −$5.13 |
| NOI | $300.3k | $15.39 |
19,512 SF · lease $24.00/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.29M
$3.75M – $5.00M
NOI $300,290 @ 7.0% cap · market cap 6.53%
Second Best
Warehouse
$2.01M
$1.76M – $2.35M
NOI $140,749 @ 7.0% cap · market cap 3.06%
Theoretical Best
Specialty Retail
$6.74M
$5.90M – $7.87M
NOI $471,955 @ 7.0% cap · market cap 10.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Drive-in doors
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,242
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 89102, NV
36,035
Population
16,964
Households
2.1
Avg Household Size
36
Median Age
18%
College-Educated
75%
High-School Grad
5.3 sq mi
ZIP Area
6,799
Density / Sq Mi
$48,518
Median Household Income
$30,703
Median Earnings
$1,206
Median Rent
$363,200
Median Home Value
Market
Vacancy Rate% for Office in Las Vegas, NV
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Osaka Catering — 4211 W Sahara Ave, Las Vegas, NV 89102
- Vegas King Co — 4181 W Pioneer Ave, Las Vegas, NV 89102
- V P Catering LLC — 3544 S Wynn Rd., Las Vegas, NV 89103
- Diamond Events — 3185 S Highland Dr Suite 1, Las Vegas, NV 89109
Frequently Asked Questions
What type of property is this?
Flex space - Concrete tilt-up flex building with well-appointed office space and four grade-level loading doors.
Where is this flex space located?
The property is located at 3020 S Valley View Blvd Las Vegas, NV.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: Concrete tilt‑up flex building with well‑appointed office space plus four grade‑level loading doors; Office features include multiple private offices, a conference room, reception area, and three restrooms; Power infrastructure includes 3,000 amps of 277/480V three‑phase power
