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    2087 Nellis Blvd Las Vegas, NV 89115

    Sponsored
    For Lease
    $132,000

    2.58 Acres, Warehouse Potential, Las Vegas

    Lot size:
    2 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.58-acre industrial land parcel, located at 2087 N Nellis Blvd in Las Vegas, Nevada, presents a unique investment opportunity. The property boasts 405 feet of frontage on Nellis Blvd, offering excellent visibility and accessibility. Currently zoned for industrial use and featuring a single warehouse space totaling 2 square feet, this site is ideal for various commercial or industrial developments. The land is available for lease under a favorable 50-year term, with an option for an additional 50-year extension, providing long-term security for your investment. A significant advantage is the reciprocal easement with Walgreens, ensuring convenient access to Lake Mead Boulevard. The property is situated in Clark County, Nevada, with a zip code of 89115, and is conveniently located just north of the bustling intersection of Nellis Blvd and Lake Mead Blvd. The monthly lease rate is $11,000. This prime location and flexible lease terms make this property an attractive proposition for businesses seeking a strategic foothold in the Las Vegas market. The existing 2 sq ft warehouse space offers immediate occupancy potential, while the expansive acreage allows for significant future expansion or redevelopment. Don't miss this chance to secure a substantial industrial property in a high-growth area.

    Property Features for 2087 Nellis Blvd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2 SF
    Total Rate
    132000

    Unit(s) available at that property

    Space
    Size
    2 SF
    Rate per SF
    $132,000

    HighLights

    • 2.58‑acre industrial land parcel at 2087 N Nellis Blvd, Las Vegas, NV.
    • 405 feet of Nellis Blvd frontage provides excellent visibility and accessibility.
    • Currently zoned industrial; includes a 2 sq ft warehouse.
    • 50‑year lease with a 50‑year extension option.
    • Reciprocal easement with Walgreens for Lake Mead Blvd access.
    • Located in Clark County, NV (zip code 89115), near Nellis Blvd and Lake Mead Blvd intersection.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.062734
    Latitude
    36.197843

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    FAQs

    What type of property is this?
    Distribution property - 2.58 Acres, Warehouse Potential, Las Vegas
    Where is this distribution property located?
    The property is located at 2087 Nellis Blvd Las Vegas, NV.
    What is the lease rate?
    The lease rate is $132,000.
    What are key features of this property?
    This property features: 2.58-acre industrial land parcel at 2087 N Nellis Blvd, Las Vegas, NV.; 405 feet of Nellis Blvd frontage provides excellent visibility and accessibility.; Currently zoned industrial; includes a 2 sq ft warehouse.
    Request Owner's contact information
    2087 Nellis Blvd Las Vegas, NV 89115
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    Las Vegas, NV 89115
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    Realmo Value Estimation

    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.

    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.

    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
    2087 Nellis Blvd Las Vegas, NV 89115
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