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Pahrump Commercial Investment Opportunity

1210 E Basin Ave Pahrump, NV 89060

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Contact for pricing

Commercial property in growing Pahrump, near Las Vegas.

Type:Office, Retail
Property size:
6,510 SF
Price / SF:
$152/SF
Added:
Sep 14, 2024
Days on Market:
668
Last Refresh:
Jul 5 at 5:26 am

Property Features for 1210 E Basin Ave

General Information

Standard status
Active
Size
6,510 SF
Property subtype
Office, Retail

Building Details

Year Built
1997

Listing office SVN | The Equity Group

Listing date Sep 14, 2024

Source Crexi

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 SVN | The Equity Group


Investment Insights

Based on property information with market context.

This commercial property, located at 1210 E Basin Avenue in Pahrump, NV, presents an investment opportunity. The property is strategically positioned adjacent to Highway 160, which serves as the main thoroughfare connecting Las Vegas to Pahrump. Pahrump combines small-town charm with increasing commercial activity and is known for wineries, casinos, RV resorts, golf courses, and outdoor recreation. The surrounding area features high-traffic retail and entertainment venues, including Walmart Supercenter, Albertson’s, Smith’s Food & Drug, The Home Depot, and Pahrump Nugget and Gold Town Casinos. Situated 60 miles west of Las Vegas, Pahrump is experiencing population and economic growth. The property has a size of 6510 square feet.

Key Highlights

  • Strategic location adjacent to Highway 160, the main thoroughfare.
  • Surrounded by high‑traffic retail and entertainment anchors including Walmart and Home Depot.
  • Located in Pahrump, a growing town.

Local Financial Insights For Retail

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 $97.7k $15.00
− Vacancy −$2.1k −$0.33
EGI $95.5k $14.67
− OpEx −$28.7k −$4.40
NOI $66.9k $10.27
6,510 SF · lease $15.00/SF/yr · vacancy 2.20% · expense 30.00%

Alternative Uses

Best Use
Office B
$1.55M
$1.35M – $1.80M (±1% cap)
NOI $108,274 @ 7.0% cap · market cap 10.94%
Second Best
Retail
$955.0K
$835.6K – $1.11M (±1% cap)
NOI $66,851 @ 7.0% cap · market cap 6.75%
Theoretical Best
Office A
$2.07M
$1.81M – $2.41M (±1% cap)
NOI $144,805 @ 7.0% cap · market cap 14.63%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Nevada Counseling Services Counselor Wild West RV ... Auto Repair Shop Delivery available Bob's ... (Bike/Boat/Book/etc) Store A3D Jiu Jitsu Training Center Paul & Sons Pool ... General Contractor

Suggested Use

HVAC Service (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store Home Appliance Store Locksmith Tech Support Center Fish Market Veterinary Clinic Barber Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Commercial property in growing Pahrump, near Las Vegas.
Where is this retail space located?
The property is located at 1210 E Basin Ave Pahrump, NV.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Strategic location adjacent to Highway 160, the main thoroughfare.; Surrounded by high‑traffic retail and entertainment anchors including Walmart and Home Depot.; Located in Pahrump, a growing town.
Contact an agent
(702) 358-5166 Call to check price and availability
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