1210 Basin Ave Pahrump, NV 89060
- Lifestyle centers
- 6,510 SF
- 0.50 lot acres
Current Use by Public Records
- Nevada Counseling Services / Counselor
- Wild West RV Mobile Service / Rv Repair Shop
- Delivery available Bob's Smoke Shop Kratom / Tobacco Shop
- A3D Jiu Jitsu / Martial Arts School
- Paul & Sons Pool Services / Swimming Pool Contractor
Property Details for 1210 Basin Ave
- Year built
- 1997
- Lot size
- 0.50 lot acres
- Property size
- 6,510 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This 6,510 square foot retail center in Pahrump, Nevada, presents a compelling value-add investment opportunity for owner-users or investors. Located at 1210 E Basin Ave, this single-story, 1997-built property sits on a 0.5-acre lot and is zoned General Commercial (GC). Currently featuring six units with two tenants occupying 27.96% of the space, this multi-tenant property offers significant upside potential through increased occupancy. The property benefits from a prime location with high visibility and accessibility, close to Highway 160 and major retailers including Walmart, Albertsons, Smith's, Home Depot, and several casinos. The asking price is $1,200,000 ($184.33/sq ft, $200,000/unit), representing a strong value in a rapidly growing market. Leases are NNN with a minimum 3% annual rent bump. The property's strategic location, approximately 60 miles west of Las Vegas, leverages Southern Nevada's booming economic development. This fee-simple ownership opportunity allows for immediate control and potential for significant return on investment. The property's APN is 035-232-18.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pahrump
- County
- Nye
- State
- Nevada
- Longitude
- -115.992
- Latitude
- 36.2198