21 Frontage Rd Pahrump, NV 89048
- Commercial real estate
- 864 SF
- 0.33 lot acres
Current Use by Public Records
- AAA Mobile/Tech / Motor Vehicle Dealer
Property Details for 21 Frontage Rd
- Year built
- 1990
- Construction
- METAL FRAME
- Lot size
- 0.33 lot acres
- Property size
- 864 SF
- Zone code
- GC
- Property type
- Commercial real estate
- APN
- 038-234-30
- APU
- 3823430
Description
This exceptional redevelopment opportunity presents a 0.33-acre lot in Pahrump, Nevada, ideally suited for a variety of commercial ventures. The existing 864-square-foot retail building, constructed in 1990, sits on a commercially zoned parcel at 21 S Frontage Rd, 89048, and boasts 100% occupancy under a triple-net (NNN) lease. The property offers a compelling 1.00% capitalization rate and is currently priced at $699,000. Its prime location and existing structure make it an attractive investment for those seeking a high-yield, single-tenancy retail asset with significant redevelopment potential. The property's size and zoning provide flexibility for various commercial uses, making it an ideal platform for expansion or repositioning within the thriving Pahrump market. This is a rare chance to acquire a well-located, income-producing property with substantial upside potential in a growing Nevada community. The property's current configuration and strong occupancy rate provide immediate cash flow, while the redevelopment potential allows for long-term value appreciation. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pahrump
- County
- Nye
- State
- Nevada
- Longitude
- -115.993
- Latitude
- 36.2193
- CBSA code
- 37220
- CBSA name
- PAHRUMP, NV MICROPOLITAN STATISTICAL AREA
