P-R Zoned Office
For Sale
Contact for pricing
619 South 6th Street, Las Vegas, NV 89101
Office property at 619 South 6th Street with P-R zoning and a 1950 construction date.
Property Size2,261 SF
Price / SF$331.71
Days on Market169
Property Features for 619 South 6th Street
General Information
Standard status
Active
Size
2,261 SF
Class
C
Total Parking Spaces
10
Property subtype
Office
Zoning
P-R
Building Details
Year Built
1950
Year Renovated
2023
Units
2
Listing Agency:
Michaels Follmer Real Estate
Listed By:
Grant Bergdoll · License #NV. S.0204379
Source:
Crexi
Added: May 4
Changed: Oct 17
Last Checked: Oct 19 at 5:58AM
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 Michaels Follmer Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office-unit property is located at 619 South 6th Street in Las Vegas, Nevada. The building was constructed in 1950 and carries P-R zoning. The listed property size is 2261, providing a defined basis for evaluating the asset’s physical scale.
Key Highlights
- 619 South 6th Street, Las Vegas, NV 89101
- P‑R zoning
- Constructed in 1950
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,797
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$695,940
$695.9K
Cap Rate 7%
$497,100
$497.1K
Cap Rate 9%
$386,633
$386.6K
Market Conditions
NOI Build-Up for 2,261 SF
Gross rent
$54.3K $24.00/SF
− Vacancy
−$7.9K −$3.48/SF
EGI
$46.4K $20.52/SF
− OpEx
−$11.6K −$5.13/SF
NOI
$34.8K $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%
$695,940
Cap Rate 7%
$497,100
Cap Rate 9%
$386,633
Alternative Uses
Best Use
Office B
$497.1K
$435.0K – $580.0K
NOI $34,797 @ 7.0% cap · market cap 4.64%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$781.3K
$683.6K – $911.5K
NOI $54,689 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,997
Businesses Nearby
Explore this area
Business Placement
Demographics for 89101, NV
42,465
Population
18,258
Households
2.3
Avg Household Size
35
Median Age
11%
College-Educated
66%
High-School Grad
5.4 sq mi
ZIP Area
7,864
Density / Sq Mi
$38,653
Median Household Income
$29,471
Median Earnings
$1,008
Median Rent
$258,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Las Vegas, NV
Frequently Asked Questions
What type of property is this?
Office unit - Office property at 619 South 6th Street with P-R zoning and a 1950 construction date.
Where is this office unit located?
The property is located at 619 South 6th Street Las Vegas, NV.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 619 South 6th Street, Las Vegas, NV 89101; P‑R zoning; Constructed in 1950
