Flex Building with Surrounding
4650 E Judson Ave, Las Vegas, NV 89115
For Sale
Contact for pricing
The offering combines a flex facility with a separate parcel containing its parking and drive aisles.
Property Size10,000 SF
Lot Size1.33 Acres
Price / SF$240
Days on Market35
Property Features for 4650 E Judson Ave
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Property Use
Building Details
Buildings
Building Size
Listing Agency:
Viking REI LLC
Listed By:
Nathan Elser · License NV B.1003054
(775) 303-6614
Source:
Crexi
Added: Oct 10
Changed: Nov 10
Last Checked: Nov 12 at 5:12AM
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 Viking REI LLC
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Investment Insights
Based on property information with market context.
The offering includes an approximately 10,000-square-foot flex building at 4650 E Judson Ave and a separate 1.33-acre parcel. The additional land contains parking, drive aisles, and landscaping serving the complex.
Buildings next door are under separate ownership and are not part of the sale.
Buildings next door are under separate ownership and are not part of the sale.
Key Highlights
- Approximately 10,000 SF flex building included in the offering
- Separate 1.33‑acre parcel contains parking, drive aisles, and landscaping
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,885
Cap Rate
4.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,017,700
$2.0M
Cap Rate 7%
$1,441,214
$1.4M
Cap Rate 9%
$1,120,944
$1.1M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$174.0K $17.40/SF
− Vacancy
−$18.8K −$1.88/SF
EGI
$155.2K $15.52/SF
− OpEx
−$54.3K −$5.43/SF
NOI
$100.9K $10.09/SF
Area
ZIP 89115
Vacancy
10.80%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,017,700
Cap Rate 7%
$1,441,214
Cap Rate 9%
$1,120,944
Alternative Uses
Best Use
Flex RnD
$1.44M
$1.26M – $1.68M
NOI $100,885 @ 7.0% cap · market cap 4.20%
Second Best
Industrial
$1.10M
$963.6K – $1.28M
NOI $77,087 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$2.99M
$2.62M – $3.49M
NOI $209,280 @ 7.0% cap · market cap 8.72%
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
Location Intelligence
Trade Area within ½ mile
589
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 89115, NV
67,043
Population
21,670
Households
3.1
Avg Household Size
29
Median Age
9%
College-Educated
70%
High-School Grad
24.9 sq mi
ZIP Area
2,692
Density / Sq Mi
$49,648
Median Household Income
$32,198
Median Earnings
$1,294
Median Rent
$258,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Flex space in Las Vegas
Vacancy Rate% for Industrial in Las Vegas, NV
Frequently Asked Questions
What type of property is this?
Flex space - The offering combines a flex facility with a separate parcel containing its parking and drive aisles.
Where is this flex space located?
The property is located at 4650 E Judson Ave Las Vegas, NV.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Approximately 10,000 SF flex building included in the offering; Separate 1.33‑acre parcel contains parking, drive aisles, and landscaping
