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    1930 Fremont St Las Vegas, NV 89101

    Sponsored
    For Sale
    $1,450,000

    East Fremont retail, redevelopment opportunity.

    Property size:
    4,362 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,362-square-foot retail property, located at 1930 E Fremont St, Las Vegas, NV 89101, presents a compelling investment opportunity. The single-story, 1964-built building sits on a sizable 0.66-acre lot and is zoned TC-4, allowing for diverse redevelopment possibilities. Currently, the property comprises a vacant 2,800-square-foot space (former Odyssey Bar) in vanilla shell condition and a 1,562-square-foot space occupied by Odyssey Pizza under a month-to-month lease. The asking price is $1,450,000, translating to $332.42 per square foot. This prime location in the burgeoning East Fremont corridor offers proximity to Downtown Las Vegas and significant potential for future growth. The oversized lot provides ample space for expansion or redevelopment, making this an ideal asset for investors seeking a high-return opportunity in a vibrant and rapidly developing area. The property's Class C designation and single-tenancy status offer flexibility for future use. APN: 139-35-803-005.

    Property Features for 1930 Fremont St

    General Information

    Property type
    Restaurants
    Square Feet
    4,362 SF
    Class
    C

    Building Details

    Year Built
    1964
    Buildings
    1
    Stories
    1

    HighLights

    • $1,450,000 asking price.
    • 4,362 square foot retail building.
    • 0.66‑acre lot.
    • 1964 construction.
    • TC‑4 zoning.
    • 2,800 square foot vacant space (vanilla shell).
    Property Profile Location Intelligence

    Current Use by Public Records

    Odyssey Pizza Pizza Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -115.1229076
    Latitude
    36.1613361

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    FAQs

    What type of property is this?
    Restaurant - East Fremont retail, redevelopment opportunity.
    Where is this restaurant located?
    The property is located at 1930 Fremont St Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: $1,450,000 asking price.; 4,362 square foot retail building.; 0.66-acre lot.
    Request Owner's contact information
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    Las Vegas, NV 89101
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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
    1930 Fremont St Las Vegas, NV 89101
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