Standalone Warehouse with Fenced
For Sale
$5,340,000
3250 Palm Pkwy Las, Las Vegas, NV 89104
Office, loading, and secured outdoor space support a range of industrial owner-user operations.
Property Size22,750 SF
Days on Market250
Property Features for 3250 Palm Pkwy Las
General Information
Standard status
Active
Size
22,750 SF
Property subtype
Warehouse
Site & Location
Neighborhood
Showboat
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Drive-In Doors
2
Building Details
Building Size
22,750 SF
Year Built
1976
Buildings
1
Properties For Sale
at 3250 Palm Pkwy Las
3250 Palm Pkwy
Size
22,750 SF
Lease Type
NNN
Listing Agency:
SVN | The Equity Group
Listed By:
Layne McDonald · License ##S.0189805.LLC
(702) 527-7837
Source:
Thebrokerlist
Added: Feb 18
Changed: Oct 25
Last Checked: Oct 24 at 1:32PM
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 SVN | The Equity Group
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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.
This standalone warehouse property, built in 1976, combines dedicated office space with functional industrial improvements. The office component includes four private offices, one large open office, and two restrooms. Warehouse support areas include a breakroom with an additional restroom, a multi-stall dock apron, and two oversized grade-level doors.
The property also includes over 1 acre of fenced yard space. Access to I-11 is available via E Charleston Blvd, providing a transportation connection within and beyond the Las Vegas metro area. The combination of warehouse, office, loading, and secured yard areas accommodates industrial operations such as trucking, distribution, and warehousing.
The property also includes over 1 acre of fenced yard space. Access to I-11 is available via E Charleston Blvd, providing a transportation connection within and beyond the Las Vegas metro area. The combination of warehouse, office, loading, and secured yard areas accommodates industrial operations such as trucking, distribution, and warehousing.
Key Highlights
- Over 1 acre of fenced yard space
- Two oversized grade high doors serving the warehouse
- Multi‑stall dock apron
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$164,106
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,282,120
$3.3M
Cap Rate 7%
$2,344,371
$2.3M
Cap Rate 9%
$1,823,400
$1.8M
Market Conditions
NOI Build-Up for 22,750 SF
Gross rent
$218.4K $9.60/SF
− Vacancy
−$25.3K −$1.11/SF
EGI
$193.1K $8.49/SF
− OpEx
−$29.0K −$1.27/SF
NOI
$164.1K $7.21/SF
Area
Las Vegas, NV
Vacancy
11.60%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,282,120
Cap Rate 7%
$2,344,371
Cap Rate 9%
$1,823,400
Alternative Uses
Best Use
Warehouse
$2.34M
$2.05M – $2.74M
NOI $164,106 @ 7.0% cap · market cap 3.07%
Second Best
Industrial
$1.93M
$1.69M – $2.25M
NOI $135,146 @ 7.0% cap · market cap 2.53%
Theoretical Best
Specialty Retail
$7.86M
$6.88M – $9.17M
NOI $550,276 @ 7.0% cap · market cap 10.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
693
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 89104, NV
41,662
Population
16,704
Households
2.5
Avg Household Size
38
Median Age
15%
College-Educated
72%
High-School Grad
5.7 sq mi
ZIP Area
7,309
Density / Sq Mi
$50,945
Median Household Income
$34,278
Median Earnings
$1,138
Median Rent
$298,700
Median Home Value
Market
Vacancy Rate% for Industrial in Las Vegas, NV
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Frequently Asked Questions
What type of property is this?
Warehouse - Office, loading, and secured outdoor space support a range of industrial owner-user operations.
Where is this warehouse located?
The property is located at 3250 Palm Pkwy Las Las Vegas, NV.
What is the asking price?
The asking price for this property is $5,340,000.
What are key features of this property?
This property features: Over 1 acre of fenced yard space; Two oversized grade high doors serving the warehouse; Multi‑stall dock apron
