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    5375 Procyon St Las Vegas, NV 89118

    For Lease
    $13 SF/Yr

    15,525 sq ft Warehouse, Prime Location

    Lot size:
    15,525 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 15,525-square-foot warehouse facility in Las Vegas, Nevada, presents a unique investment opportunity. Located in Clark County, at 5375 S Procyon St, zip code 89118, this single-tenant property boasts a prime southwest location. The building is classified as both office and industrial space and functions as a well-established auto repair business, operational since 2012. The property features nine individual offices, a dedicated break room/lunch area, and two bathrooms, providing ample space for staff and operations. Convenient access is ensured by two grade-level doors and two dock-high doors, facilitating efficient loading and unloading. The business itself is available for acquisition, offering a turnkey operation with a strong reputation and established client base. The asking price for the business is $250,000. This property is ideal for an investor seeking a profitable, established business with significant growth potential in a desirable Las Vegas location. Detailed financial information is available upon request. Please note that direct contact with the current business owners is prohibited.

    Property Features for 5375 Procyon St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,525 SF

    Unit(s) available at that property

    Space
    Size
    15,525 SF
    Rate per SF
    $13

    HighLights

    • 15,525 SF warehouse in Las Vegas, NV (89118).
    • Located at 5375 S Procyon St, Clark County.
    • Single‑tenant, office/industrial building, currently operating as an auto repair business since 2012.
    • Features nine offices, breakroom, two bathrooms, two grade‑level doors, and two dock‑high doors.
    • Turnkey business available for acquisition for $250,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Vegas Valley Fleet ... Auto Repair Shop Alumaline of Nevada Patio Enclosure Supplier Nevada SPCA Animal Shelter Gale Building Products Insulation Contractor XANDRIA COLLECTION Adult Entertainment Store

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Pharmacy Auto Parts Store Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.1883614
    Latitude
    36.0924029

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    FAQs

    What type of property is this?
    Distribution property - 15,525 sq ft Warehouse, Prime Location
    Where is this distribution property located?
    The property is located at 5375 Procyon St Las Vegas, NV.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: 15,525 SF warehouse in Las Vegas, NV (89118).; Located at 5375 S Procyon St, Clark County.; Single-tenant, office/industrial building, currently operating as an auto repair business since 2012.
    Request Owner's contact information
    5375 Procyon St Las Vegas, NV 89118
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    Las Vegas, NV 89118
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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
    5375 Procyon St Las Vegas, NV 89118
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