Property profile

221 Oyster St Pahrump, NV 89048

OFF-MARKET
Warehouses
1,620 SF 20.06 ac lot
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Property summary

AI-generated overview

This exceptional 20.06-acre property in Pahrump, Nevada, presents a unique investment opportunity. Currently encompassing the Pahrump Valley Speedway, this fully occupied industrial site offers significant potential for redevelopment or continued operation as a racetrack. The sale includes all Speedway equipment, multiple trucks, and earthmoving vehicles. The property boasts industrial master zoning, allowing for diverse commercial or industrial uses. Priced at $975,000, this represents a highly competitive price per acre, especially considering the included infrastructure and equipment. The property consists of four parcels (APN: 035-191-60, 035-191-61, 035-191-58, 035-191-59). Located just an hour outside of Las Vegas, this prime location offers excellent accessibility. A well and well tanks are situated on the easternmost parcel. Potential uses beyond the existing Speedway include, but are not limited to, warehouses, manufacturing facilities, or other entertainment ventures. Prospective buyers are responsible for verifying zoning and water availability. This is a truly remarkable opportunity for an owner/user seeking a versatile and well-equipped industrial property. The existing Speedway infrastructure provides a solid foundation for continued operation or creative repurposing.

Property profile

Verified
Property type Warehouses
Total area 1,620 SF
Lot 20.06 ac (873,814 SF)

Cap rate & NOI

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

Location

221 Oyster St Pahrump, NV 89048
Pahrump metro
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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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