Single-Story Office Building For
For Sale
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5852 S Pecos Rd, Las Vegas, NV 89120
6,025 SF office building near Harry Reid International Airport.
Property Size6,025 SF
Lot Size0.62 Acres
Price / SF$248.96
Days on Market217
Property Features for 5852 S Pecos Rd
General Information
Standard status
Active
Size
6,025 SF
Class
B
Lot size
0.62 Acres
Property subtype
Office
Zoning
C-P
Building Details
Year Built
1998
Buildings
1
Stories
1
Listing Agency:
LOGIC Commercial Real Estate
Listed By:
Adrian Pak · License #NV 0200217
(702) 538-6802
Source:
Crexi
Added: Mar 11
Changed: Oct 11
Last Checked: Oct 12 at 7:01PM
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 LOGIC Commercial Real Estate
Investment Insights
Based on property information with market context.
The property at 5852 South Pecos Road is a single-story office building with approximately 6,025 square feet of space. Constructed in 1998, it is located within the Parc Place Professional Center in the Las Vegas Airport submarket. The building is situated on a parcel of approximately 0.62 acres. Its location east of Harry Reid International Airport provides convenient access to I-215 and I-15, as well as proximity to various retail amenities. The property is zoned C-P (Commercial Professional) and is suitable for owner/users.
Key Highlights
- Ideal for owner/users with C‑P (Commercial Professional) zoning
- Convenient access to I‑215 and I‑15 highways
- Proximity to Harry Reid International Airport
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,725
Cap Rate
6.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,854,500
$1.9M
Cap Rate 7%
$1,324,643
$1.3M
Cap Rate 9%
$1,030,278
$1.0M
Market Conditions
NOI Build-Up for 6,025 SF
Gross rent
$144.6K $24.00/SF
− Vacancy
−$21.0K −$3.48/SF
EGI
$123.6K $20.52/SF
− OpEx
−$30.9K −$5.13/SF
NOI
$92.7K $15.39/SF
Area
Las Vegas, NV
Vacancy
14.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,854,500
Cap Rate 7%
$1,324,643
Cap Rate 9%
$1,030,278
Alternative Uses
Best Use
Office B
$1.32M
$1.16M – $1.55M
NOI $92,725 @ 7.0% cap · market cap 6.18%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.08M
$1.82M – $2.43M
NOI $145,732 @ 7.0% cap · market cap 9.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,657
Businesses Nearby
Explore this area
Business Placement
Demographics for 89120, NV
24,813
Population
9,861
Households
2.5
Avg Household Size
40
Median Age
26%
College-Educated
88%
High-School Grad
7.1 sq mi
ZIP Area
3,495
Density / Sq Mi
$75,813
Median Household Income
$38,774
Median Earnings
$1,467
Median Rent
$364,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Las Vegas, NV
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 6,025 SF office building near Harry Reid International Airport.
Where is this office building located?
The property is located at 5852 S Pecos Rd Las Vegas, NV.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Ideal for owner/users with C‑P (Commercial Professional) zoning; Convenient access to I‑215 and I‑15 highways; Proximity to Harry Reid International Airport
