Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1210 Basin Ave Pahrump, NV 89060

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $15 SF/Yr ($8,137 /Mo)

    High-traffic retail space, 3 units available

    Lot size:
    6,510 SF

    Property Features for 1210 Basin Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,510 SF
    Total Rate
    8137.5

    Building Details

    Buildings
    1
    Stories
    1

    Spaces For Lease

    at 1210 Basin Ave, Pahrump, NV 89060 Contact us
    Unit Suite 1 - 2

    $18 /Mo

    Size
    2,740 SF
    Contact us
    Unit Suite 3

    $21 /Mo

    Size
    2,740 SF
    Contact us
    Unit Suite 6

    $18 /Mo

    Size
    1,950 SF
    Contact us

    We can help!

    Listing Contact
    Zechariah Levi, Ccim
    Zechariah Levi, Ccim

    Listing Agency: SVN The Equity Group Listing Agent: Zechariah Levi, Ccim

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This single-story, 6,510 square foot retail building in Pahrump, Nevada, offers multiple leasing opportunities. Located at 1210 E Basin Ave, near the intersection of Emery St, this property boasts six suites, with 3,770 square feet currently vacant. Available spaces range from 910 to 2,740 square feet, providing flexibility for various business needs. The building is situated on a major thoroughfare, Highway 160, connecting Las Vegas to Pahrump, ensuring high visibility and accessibility. The area features strong demographics, with nearby major retailers including Walmart, Albertsons, Smith's Food and Drug, The Home Depot, and several casinos. The property's GC zoning allows for a variety of commercial uses. The building's address is 1210 E Basin Ave, Pahrump, NV 89060, and its Nye County APN is 035-232-18. This prime location offers excellent potential for businesses seeking high visibility and access to a thriving community. The property is conveniently located approximately 60 miles west of Las Vegas.
    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

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office Building Supply Big Box & Wholesale Store Hotel & Motel Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Pahrump
    County
    Nye
    State
    Nevada
    Longitude
    -115.99207170286
    Latitude
    36.219669495734

    Nearby Similar for Lease

    • Contact for pricing

      Pahrump Nevada Commercial Opportunity

      Commercial spaces available adjacent to Spring Mountain Motor Resort.
      4639 S Nevada Hwy, Pahrump, NV 89048
      View Details
    • $1.50 SF/Yr
      6,510 SF

      Retail Space Near Highway 160

      Retail space available adjacent to Highway 160 in Pahrump, Nevada.
      1210 E Basin Ave, Pahrump, NV 89060
      View Details
    • Contact for pricing

      Pahrump Nevada Commercial Opportunity

      Commercial spaces available near Spring Mountain Motor Resort and Country Club.
      4639 S Nevada Hwy, Pahrump, NV 89048
      View Details
    • $26 SF/Yr
      425 SF

      Gamebird Plaza Retail Space

      Pahrump retail space, ideal for small business.
      1021 Gamebird Rd, Pahrump, NV 89048
      View Details
    • $24 SF/Yr
      2,560 SF

      Restaurant Space - Blagg Road

      Turnkey Restaurant, 2560 sq ft, 1 acre
      2610 Blagg Rd, Pahrump, NV 89060
      View Details
    • $19 SF/Yr
      29,356 SF

      Pahrump Retail Center Investment

      High-traffic retail space near racetrack
      3610 Nv-160, Pahrump, NV 89048
      View Details

    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, 3 units available
    Where is this retail property located?
    The property is located at 1210 Basin Ave Pahrump, NV.
    What is the lease rate?
    The lease rate is $18-$21 SF/Yr.
    What are key features of this property?
    This property features: Shadow-anchored by The Home Depot; High-traffic location on Highway 160, with 22,400 vehicles per day (VPD); Versatile zoning suitable for retail, medical, or office tenants
    (702) 323-9291
    Request Owner's contact information
    1210 Basin Ave Pahrump, NV 89060
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1210 Basin Ave
    Pahrump, NV 89060
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1210 Basin Ave Pahrump, NV 89060
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Zechariah Levi, Ccim
    Zechariah Levi, Ccim
    Real Estate License ID: S.0189634.LLC
    (702) 323-9291 (702) 527-6280 (702) 369-4300
    Learn more
    Google sign-in failed. Please try again or use another login method.