4885 Flamingo Rd Las Vegas, NV 89121
- Auto shops
- 5,528 SF
- 0.62 lot acres
Current Use by Public Records
- EVERYTHING Auto Service Center / Auto Repair Shop
- Travel Impression / Bus Charter
- EVERYTHING AUTO SERVICE / Auto Repair Shop
Property Details for 4885 Flamingo Rd
- Year built
- 1977
- Construction
- STEEL FRAME
- Lot size
- 0.62 lot acres
- Property size
- 5,528 SF
- Property type
- Auto shops
- APN
- 161-20-502-005
- APU
- 16120502005
Description
Exceptional investment opportunity: a combined 8,068 square foot auto shop and convenience store located at 4885 E Flamingo Rd, Las Vegas, NV 89121. This fee-simple property sits on a substantial 27,007 square foot lot, zoned C-1, allowing for diverse commercial uses. The existing building, constructed in 1977 and renovated in 2004, comprises three single-story structures. Currently configured as an auto shop, it includes lifts and machinery, which are included in the sale. The asking price is $2,888,000, with a pro-forma NOI of $192,000 and a 6.65% cap rate. The property features a short-term lease expiring May 31, 2025, making it ideal for an owner-user. Its high-traffic location at the intersection of Flamingo Road and Boulder Highway in Clark County provides excellent visibility and accessibility. The property's strategic location benefits from Las Vegas's robust population growth and proximity to major transportation arteries. This turnkey operation presents a rare chance to acquire a well-established business with significant upside potential. The sale includes existing tools, parts, and machinery. Serious inquiries only. Do not disturb the occupant.
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
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.067
- Latitude
- 36.1141
- CBSA code
- 29820
- CBSA name
- LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
