Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1021 Gamebird Rd Pahrump, NV 89048

    • Retail properties
    For Lease
    View listing
    $26 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Horizons Hypnosis / Alternative Medicine Practice
    • Ink Freaks Tattoo / Tattoo & Piercing Shop
    • Toro Taxes / Tax Preparation
    • Zyng Technologies Financial Services & Bitcoin ATM / Bank / Credit Union
    • Primo Water Refill / Big Box & Wholesale Store

    Property Details for 1021 Gamebird Rd

    Property type
    Retail properties

    Description

    This 425-square-foot retail space is located at 1021 E Gamebird Rd, Unit 7, Pahrump, NV 89048. The property is a single-tenant unit within Gamebird Plaza, a thriving commercial center. The space includes one bathroom and is perfect for a small business seeking a convenient and established location. The plaza boasts a diverse tenant mix, including a Mexican restaurant, liquor store, tax preparer, and dog groomer, ensuring high foot traffic and visibility. Lease terms are flexible, with a minimum three-year lease at $750 per month, or a discounted rate of $700 per month for leases of five years or longer. This presents a fantastic opportunity for entrepreneurs looking to establish or expand their business in a bustling Pahrump commercial area. The property's location offers easy access for customers and employees alike. The space is ready for immediate occupancy and is well-suited for a variety of retail uses. Serious inquiries are encouraged to explore this promising investment opportunity. Contact us to schedule a viewing and discuss lease terms.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pahrump
    County
    Nye
    State
    Nevada
    Longitude
    -115.992
    Latitude
    36.1603

    Comparable in this City

    • Value Estimation by Request
      9,292 SF

      580 Nv-160

      Lifestyle centers • 9,292 SF
      580 Nv-160, Pahrump, NV 89048
      View Details
    • Value Estimation by Request
      37,850 SF

      250 240 & 150 Hwy

      Lifestyle centers • 37,850 SF
      250 240 & 150 Hwy, Pahrump, NV 89048
      View Details
    • Value Estimation by Request
      16,200 SF

      70 Nv-160

      Restaurants • 16,200 SF
      70 Nv-160, Pahrump, NV 89048
      View Details
    • Value Estimation by Request
      29,356 SF

      3610 Nv-160

      Retail properties • 29,356 SF
      3610 Nv-160, Pahrump, NV 89048
      View Details
    • Value Estimation by Request
      35,800 SF

      1141 Nv-160

      Lifestyle centers • 35,800 SF
      1141 Nv-160, Pahrump, NV 89048
      View Details
    • Value Estimation by Request
      24.87 Acres

      1700 Pahrump Vly Blvd, Unit 125

      PARKING GARAGE, PARKING STRUCTURE • 24.87 Acres
      1700 Pahrump Vly Blvd, Pahrump, NV 89048-2764
      View Details

    Similar Nearby for Sale

    • $650,000
      4.86 Acres

      Commercial Land with Shop Buildings

      4.8-acre commercial property with two shop buildings in Pahrump, NV.
      867 S Linda St, Pahrump, NV 89048
      View Details
    • $699,000
      0.33 Acres

      Pahrump Retail Property: Redevelopment Opportunity

      High-yield retail land, 864 sq ft, 100% occupied.
      21 Frontage Rd, Pahrump, NV 89048
      View Details
    • $973,399
      7,160 SF

      7,160 SF A Fully Occupied Commercial Property For Sale

      7,160 SF A Fully Occupied Commercial Property For Sale
      2281 East Postal Drive, Pahrump, NV 89048
      View Details
    • $32,500
      0.48 Acres

      Highway Frontage Commercial Land Opportunity

      Commercial land with highway frontage in Pahrump, Nevada.
      601 W Nevada Hwy 372, Pahrump, NV 89048
      View Details
    • $174,900
      2.26 Acres

      Prime Commercial Land with Water Rights

      2.26-acre commercial parcel in Pahrump with water rights.
      1660 W Charleston Park Ave, Pahrump, NV 89048
      View Details
    • $2,800,000
      9,292 SF

      Pahrump Shopping Center Investment

      High-Yield, 100% Occupied Retail Center
      580 Nv-160, Pahrump, NV 89048
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr
      29,356 SF

      Pahrump Retail Center Investment

      High-traffic retail space near racetrack
      3610 Nv-160, Pahrump, NV 89048
      View Details
    • $26 SF/Yr
      425 SF

      Gamebird Plaza Retail Space

      Pahrump retail space, ideal for small business.
      1021 Gamebird Rd, Pahrump, NV 89048
      View Details
    • Contact for pricing

      Pahrump Nevada Commercial Opportunity

      Commercial spaces available near Spring Mountain Motor Resort and Country Club.
      4639 S Nevada Hwy, Pahrump, NV 89048
      View Details
    • Contact for pricing

      Pahrump Nevada Commercial Opportunity

      Commercial spaces available adjacent to Spring Mountain Motor Resort.
      4639 S Nevada Hwy, Pahrump, NV 89048
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1021 Gamebird Rd
    Pahrump, NV 89048
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.