302 St Louis Ave Las Vegas, NV 89102
This exceptional 1,040-square-foot flex space, located at 302 W. St. Louis Ave, Las Vegas, NV 89102, presents a rare investment opportunity. Situated on a 0.35-acre parcel in Clark County, this property boasts a highly desirable C-M zoning designation, offering versatility for various commercial uses. Its prime location west of the Las Vegas Strip and within an Opportunity Zone provides significant potential for tax advantages. The single-tenant building, constructed in 1967, is currently occupied on a month-to-month lease. The asking price is $976,760. The property's APN is 162-04-706-005. This unique offering combines the benefits of a strong location near major attractions with the flexibility of C-M zoning, making it an ideal investment for discerning buyers seeking a foothold in the vibrant Las Vegas market. Further details on the C-M zoning can be found on the City of Las Vegas Zoning Code website. This property is offered without tenant credit rating information.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.