Listing Agency: ERA Brokers Consolidated t***@tanyamurray.com Show Phone

Listed By: Tanya J. Murray · License #S.0051142 Show Phone

Source: Vicerealtygroup

Added: Feb 2, 2024 Changed: Aug 23 Last Checked: Aug 24 at 3:26PM

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Investment Insights

Based on property information with market context.

Located at the intersection of Bonneville and Main in the Downtown Civic & Business District, this property is suitable for mixed-use, industrial, office, and retail development. The site consists of two contiguous parcels totaling 6.5 acres. It features dedicated access from Main St. and Commerce St. Zoned Industrial District (M), the property has utilities available.

Key Highlights

• Prime location in the Downtown Civic & Business District at the intersection of Bonneville and Main.
• Suited for Mixed Use, Industrial, Office, and Retail development.
• Two contiguous parcels totaling 6.5 acres.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Veterinary Clinic Auto Parts Store Butcher Locksmith

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

4,255

Businesses Nearby

Explore this area Business Placement

Demographics for 89106, NV

27,695

Population

10,906

Households

2.5

Avg Household Size

33

Median Age

11%

College-Educated

73%

High-School Grad

5.1 sq mi

ZIP Area

5,430

Density / Sq Mi

$38,848

Median Household Income

$31,265

Median Earnings

$1,169

Median Rent

$263,100

Median Home Value

Market

Vacancy Rate% for Industrial in Las Vegas, NV

5.6% 2019

6.2% 2020

2.1% 2021

2.1% 2022

3.3% 2023

10.3% 2024

11.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Land - 6.5 acres in Downtown Civic & Business District.

Where is this land located?

The property is located at 840 South Commerce Street Las Vegas, NV.

What is the asking price?

The asking price for this property is $19,800,000.

What are key features of this property?

This property features: Prime location in the Downtown Civic & Business District at the intersection of Bonneville and Main.; Suited for Mixed Use, Industrial, Office, and Retail development.; Two contiguous parcels totaling 6.5 acres.