Fenced Retail
3200 S Valley View Blvd, Las Vegas, NV 89102
For Sale
Contact for pricing
A vacant commercial building sits on a secured corner parcel with paved road access and site utilities.
Property Size13,278 SF
Lot Size0.85 Acres
Price / SF$338.91
Days on Market41
Property Features for 3200 S Valley View Blvd
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Corner Location
Utilities to Site
Amenities
sidewalks
curbs
street lights
fenced lot
Listing Agency:
ERA Brokers Consolidated
Listed By:
Mark Anthony Rua · License NV #26655
(702) 992-7534
Source:
Crexi
Added: Oct 2
Changed: Nov 8
Last Checked: Nov 10 at 8:59AM
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 ERA Brokers Consolidated
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The vacant retail building contains 13,278 square feet and occupies a fenced parcel of approximately 0.85 acres. Site improvements include utilities, sidewalks, curbs, street lighting, and improved roads. The property is zoned C-1/Limited Commercial.
The parcel is positioned at the intersection of S Valley View Blvd and Regulus Avenue in Las Vegas, near the Strip.
The parcel is positioned at the intersection of S Valley View Blvd and Regulus Avenue in Las Vegas, near the Strip.
Key Highlights
- 13,278‑square‑foot vacant retail building
- 0.85 +/- Acres at the corner of S Valley View Blvd and Regulus Avenue
- Zoning: C‑1/ Limited Commercial
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$299,756
Cap Rate
6.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,995,120
$6.0M
Cap Rate 7%
$4,282,229
$4.3M
Cap Rate 9%
$3,330,622
$3.3M
Market Conditions
NOI Build-Up for 13,278 SF
Gross rent
$454.1K $34.20/SF
− Vacancy
−$25.9K −$1.95/SF
EGI
$428.2K $32.25/SF
− OpEx
−$128.5K −$9.68/SF
NOI
$299.8K $22.58/SF
Area
Las Vegas, NV
Vacancy
5.70%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,995,120
Cap Rate 7%
$4,282,229
Cap Rate 9%
$3,330,622
Alternative Uses
Best Use
Retail
$4.28M
$3.75M – $5.00M
NOI $299,756 @ 7.0% cap · market cap 6.66%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.59M
$4.01M – $5.35M
NOI $321,168 @ 7.0% cap · market cap 7.14%
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
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,860
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Retail space in Las Vegas
Vacancy Rate% for Retail in Las Vegas, NV
Frequently Asked Questions
What type of property is this?
Retail space - A vacant commercial building sits on a secured corner parcel with paved road access and site utilities.
Where is this retail space located?
The property is located at 3200 S Valley View Blvd Las Vegas, NV.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 13,278‑square‑foot vacant retail building; 0.85 +/- Acres at the corner of S Valley View Blvd and Regulus Avenue; Zoning: C‑1/ Limited Commercial
