Commercial Real Estate Market in N Las Vegas, NV
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
294 active listings and 2,184 off-market properties in N Las Vegas, NV. Commercial property asks $177/SF to buy and $21.60/SF/Yr to lease.
Market Trends
N Las Vegas, NV spans 54.8 square miles in Clark County, Nevada. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in N Las Vegas, NV runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in N Las Vegas, NV runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in N Las Vegas, NV runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily space in N Las Vegas, NV asks $211/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Market overview
Demographics & Economy
N Las Vegas, NV has 259,660 residents in 90,775 households. Density runs 4,742 people per square mile. Median household income here is $76,667 and median gross rent $1,652 a month.
259,660
Population
90,775
Households
2.9
Avg Household Size
34
Median Age
17%
College-Educated
82%
High-School Grad
54.8 sq mi
ZIP Area
4,742
Density / Sq Mi
$76,667
Median Household Income
$40,059
Median Earnings
$1,652
Median Rent
$350,494
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in N Las Vegas?
Commercial property in N Las Vegas, NV asks an average of $177 per square foot. The 4 most recent recorded sales traded at a median of $600/SF. Multifamily carries the highest asking price at $211/SF.
How much does it cost to lease commercial space in N Las Vegas?
Asking lease rates in N Las Vegas, NV average $21.60 per square foot per year.
Where does Realmo's N Las Vegas market data come from?
Realmo compiles N Las Vegas, NV figures from 5 recent recorded sales, 177 active sale listings, 117 active lease listings, 2,184 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 177 active for-sale and 117 active for-lease listings in N Las Vegas, NV. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
