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Pahrump Industrial Warehouse on Land
For Sale
$350,000

3600 Nv Hwy # 372, Pahrump, NV 89048

Pahrump Industrial Warehouse on 2.47a of land a few miles from the California

Property Size3,800 SF
Lot Size2.47 Acres
Price / SF$92.11
Days on Market305

Property Features for 3600 Nv Hwy # 372

General Information

Standard status Active
Property type Warehouses, Commercial land, Industrial land, Industrial properties, Land
Size 3,800 SF
Net Rentable 3,800 SF
Class C
Lot size 2.47 Acres

Building Details

Year Built 2007
Buildings 1
Stories 1
Units 1
Listing Agency: Coldwell Banker - Premier Realty | Las Vegas (Sky)
Listed By: Nick Till
Added: Dec 12, 2025 Changed: Mar 16

Investment Insights

Based on property information with market context.

Located in Pahrump, Nevada, this industrial property features a 3,800 square foot building constructed in 2007. Situated on a 2.47-acre lot, the property is zoned Visitor Commercial with a Grandfathered Zoning of GC and HC, and a Land Use designation of GC, offering flexibility for various industrial uses. The property is suited for warehouse and distribution purposes. Its location provides convenient access to key transportation routes, enhancing logistical efficiency. The current price has been significantly reduced from the last sale price of $429,000. The owner is motivated to sell due to retirement and relocation.

Key Highlights

  • Current Price has been dropped significantly from $429k which is the price for the last sale, Owner is motivated to get this sold as they are retiring and leaving the state.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,418
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$608,360 $608.4K
Cap Rate 7%
$434,543 $434.5K
Cap Rate 9%
$337,978 $338.0K
Market Conditions
NOI Build-Up for 3,800 SF
Gross rent
$48.3K $12.72/SF
− Vacancy
−$4.9K −$1.28/SF
EGI
$43.5K $11.44/SF
− OpEx
−$13.0K −$3.43/SF
NOI
$30.4K $8.00/SF
Area
Nye County, NV
Vacancy
10.10%
Lease Rate
$12.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$608,360
Cap Rate 7%
$434,543
Cap Rate 9%
$337,978

Alternative Uses

Best Use
Warehouse
$527.7K
$461.7K – $615.6K (±1% cap)
NOI $36,936 @ 7.0% cap · market cap 10.55%
Second Best
Industrial
$434.5K
$380.2K – $507.0K (±1% cap)
NOI $30,418 @ 7.0% cap · market cap 8.69%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,525 @ 7.0% cap · market cap 24.15%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby
Well-served
Demand for This Use

Demographics for 89048, NV

25,166
Population
11,571
Households
2.2
Avg Household Size
54
Median Age
13%
College-Educated
87%
High-School Grad
86.0 sq mi
ZIP Area
293
Density / Sq Mi
$55,747
Median Household Income
$35,405
Median Earnings
$1,162
Median Rent
$292,400
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Pahrump Industrial Warehouse on 2.47a of land a few miles from the California
Where is this warehouse located?
The property is located at 3600 Nv Hwy # 372 Pahrump, NV.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Current Price has been dropped significantly from $429k which is the price for the last sale, Owner is motivated to get this sold as they are retiring and leaving the state.
More about this property
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