Property profile

1801 Western Ave Las Vegas, NV 89102

OFF-MARKET
Warehouses
10,800 SF 1 ac lot Built 1966
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Property summary

AI-generated overview

This exceptional 10,800-square-foot industrial property presents a compelling investment, owner-occupancy, or redevelopment opportunity in Las Vegas, Nevada. Situated on a one-acre lot in the central submarket, this property enjoys a prime location near the Las Vegas Strip, Downtown Las Vegas, and Interstate 15, providing convenient access to major transportation routes. The single-story building, constructed in 1966, features four individual suites, each equipped with a roll-up door, offering versatile leasing options or the potential for owner-user configurations. Currently, one suite is owner-occupied and will be vacant upon closing, while the remaining three suites are occupied by a single tenant. Recent upgrades include four new HVAC units and four new evaporative coolers, enhancing the property's functionality and efficiency. The property also includes approximately 5,000 square feet of gated outdoor storage space. The building boasts an 11-foot ceiling height and is zoned M, suitable for manufacturing, fabrication, warehousing, and storage operations. Surrounded by new construction, this property benefits from a thriving business environment. The property's multi-tenant configuration offers potential for a diverse tenant base, maximizing rental income and investment returns. An adjacent American Builders business is also available for sale

Property profile

Verified
Property type Warehouses
Year built 1966
Total area 10,800 SF
Lot 1 ac (43,560 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Textile Manufacturer Factory

Location

1801 Western Ave Las Vegas, NV 89102
Las Vegas metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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