3704 E Owens Ave, North Las Vegas, NV 89030

Building Details

Year Built 1963 More

Buildings 1 More

Stories 1 More

Listing Agency: First United Management Group

Listed By: Arik Raiter · License NV B.0014298 Show Phone

Source: Crexi

Added: Feb 6 Changed: Oct 26 Last Checked: Nov 12 at 6:51AM

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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 First United Management Group

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Investment Insights

Based on property information with market context.

This free-standing commercial building, currently operating as a bar, is situated on a 0.5-acre lot. The property offers ample parking space. The building has a size of 2400 square feet and is suitable for bars, pubs, restaurants, and other commercial real estate ventures.

Key Highlights

• Free‑standing building
• Situated on a 1/2 acre lot
• Ample parking available

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$33,178

Cap Rate

4.15%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$663,560 $663.6K

Cap Rate 7%

$473,971 $474.0K

Cap Rate 9%

$368,644 $368.6K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,400 SF

Gross rent

$46.1K $19.20/SF

− Vacancy

−$1.8K −$0.77/SF

EGI

$44.2K $18.43/SF

− OpEx

−$11.1K −$4.61/SF

NOI

$33.2K $13.82/SF

Area

North Las Vegas, NV

Vacancy

4.00%

Lease Rate

$19.20 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$663,560

Cap Rate 7%

$473,971

Cap Rate 9%

$368,644

Alternative Uses

Best Use

Specialty Retail

$474.0K

$414.7K – $553.0K (±1% cap)

NOI $33,178 @ 7.0% cap · market cap 4.15%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$649.5K

$568.3K – $757.7K (±1% cap)

NOI $45,464 @ 7.0% cap · market cap 5.69%

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

Cardtronics ATM Atm ATM Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Skin Care Clinic Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

483

Businesses Nearby

61k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 78% Groceries 21% Electronics 1%

Dollar Tree Shops & Services

23,600 visits/mo 0.1 miles

Dollar General Market Groceries

12,704 visits/mo 0.5 miles

7-Eleven Shops & Services

11,166 visits/mo 0.5 miles

7-Eleven Shops & Services

6,539 visits/mo 0.1 miles

Family Dollar Shops & Services

6,209 visits/mo 0.5 miles

Demographics for 89030, NV

56,399

Population

16,632

Households

3.4

Avg Household Size

30

Median Age

5%

College-Educated

58%

High-School Grad

9.5 sq mi

ZIP Area

5,937

Density / Sq Mi

$46,204

Median Household Income

$31,787

Median Earnings

$1,139

Median Rent

$237,300

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

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Similar Off Market Nearby

• Big League Dreams Las Vegas — 3151 E Washington Ave, Las Vegas, NV 89101
• Flowing Tide Pub — s decatur blvd, las vegas, nv 89110
• El Rincon de Los Remedios — 923 N Pecos Rd, Las Vegas, NV 89101
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• Dylan's Cantina — 3508 E Lake Mead Blvd, North Las Vegas, NV 89030

Frequently Asked Questions

What type of property is this?

Bar & Pub - Free-standing commercial building, currently a bar, with ample parking.

Where is this bar & pub located?

The property is located at 3704 E Owens Ave North Las Vegas, NV.

What is the asking price?

The asking price for this property is $799,000.

What are key features of this property?

This property features: Free‑standing building; Situated on a 1/2 acre lot; Ample parking available