Two-Level Flex Warehouse with
680 Hardy Way Mesquite, NV 89027
For Sale
$795,000
Two-level facility with upstairs offices and downstairs open warehouse area featuring 12-foot ceilings and two overhead doors.
Property Size3,967 SF
Price / SF$200.40
Days on Market38
Property Features for 680 Hardy Way
General Information
Standard status
Active
Size
3,967 SF
Listing Agency:
RE/MAX Ridge Realty
(702) 575-9815
Listed By:
Mark Brackelsberg · License #S.0170253
(702) 575-9815
Source:
Exprealty
Added: Jun 21
Changed: Jul 26
Last Checked: Jul 26 at 3:26AM
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 RE/MAX Ridge Realty
Investment Insights
Based on property information with market context.
This two-level flex warehouse totals nearly 4,000 square feet. The upstairs is configured with five office spaces, a reception area, a conference room, a kitchen, and a bathroom. Downstairs is mostly open and includes 220 plugs, a 400-amp service, a bathroom, storage closet, an additional office, and a washer-dryer. Ceiling height is 12 feet, and the space is served by two overhead doors—10’ x 18’ and 10’ x 10’—with panels that allow for abundant natural light.
The property is located at 680 Hardy Way in Mesquite, NV. Outdoors, there is a storage unit and a security gate that provides access to and from Hardy Way. Buyer to verify all information.
The property is located at 680 Hardy Way in Mesquite, NV. Outdoors, there is a storage unit and a security gate that provides access to and from Hardy Way. Buyer to verify all information.
Key Highlights
- Nearly 4,000 SF on two levels with upstairs office space and a downstairs open warehouse area
- Upstairs layout includes 5 office spaces, reception, conference room, kitchen, and bathroom
- Downstairs is wide open with 12‑foot ceilings, 220 plugs, and 400‑amp service
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $107.1k | $27.00 |
| − Vacancy | −$15.5k | −$3.92 |
| EGI | $91.6k | $23.09 |
| − OpEx | −$22.9k | −$5.77 |
| NOI | $68.7k | $17.31 |
3,967 SF · lease $27.00/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$981.2K
$858.6K – $1.14M
NOI $68,684 @ 7.0% cap · market cap 8.64%
Second Best
Flex RnD
$747.5K
$654.1K – $872.1K
NOI $52,324 @ 7.0% cap · market cap 6.58%
Theoretical Best
Office A
$1.03M
$900.8K – $1.20M
NOI $72,063 @ 7.0% cap · market cap 9.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Two-level facility with upstairs offices and downstairs open warehouse area featuring 12-foot ceilings and two overhead doors.
Where is this flex space located?
The property is located at 680 Hardy Way Mesquite, NV.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Nearly 4,000 SF on two levels with upstairs office space and a downstairs open warehouse area; Upstairs layout includes 5 office spaces, reception, conference room, kitchen, and bathroom; Downstairs is wide open with 12‑foot ceilings, 220 plugs, and 400‑amp service
