Commercial Real Estate Market in North Las Vegas, NV
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
299 active listings and 2,184 off-market properties in North Las Vegas, NV. Commercial property asks $243/SF to buy and $21.60/SF/Yr to lease.
Market Trends
North 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 North 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 North 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 North 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 North 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
North 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 North Las Vegas?
Commercial property in North Las Vegas, NV asks an average of $243 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 North Las Vegas?
Asking lease rates in North Las Vegas, NV average $21.60 per square foot per year.
Where does Realmo's North Las Vegas market data come from?
Realmo compiles North Las Vegas, NV figures from 5 recent recorded sales, 183 active sale listings, 116 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 183 active for-sale and 116 active for-lease listings in North 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
