9275 Jones BlvdLas Vegas, NV 89141

Property Details for 9275 Jones Blvd

Year built

1983

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.87 AC

Property size (Sq ft)

2,475 SF

Property type

Retail properties

Property subtype

Auto shops

APN

176-23-601-016

APU

17623601016

Description

This exceptional 5,000 square foot industrial warehouse, located at 9275 S. Jones Blvd in Las Vegas, Nevada, presents a unique owner-user opportunity. The property sits on a 1.87-acre lot and features a two-story, 4,950 square foot office building with multiple offices, a kitchen, a mezzanine area, and bathrooms. A significant advantage is the inclusion of a 2,880 square foot, two-bay service repair garage, perfect for businesses requiring automotive or repair services. The property boasts a fully paved yard, providing ample parking and storage space, complemented by desert landscaping with an automated irrigation system. Built in 1983 and extensively renovated in 2024, this Class B property is currently 100% occupied. The electrical system is a robust 208Y/120 Volt, 400 Amperes, 3-phase, 4-wire setup. Access is easy via entrances from S. Jones Blvd. The property is zoned M1, offering versatility for a range of commercial and industrial uses. The asking price is $5,400,000. This is a turnkey operation in a rapidly growing area of Southwest Las Vegas. The property includes two buildings, two stories, and features manual overhead doors in the repair shop. The APN is 176-23-601-016.

• CAP approach

  CAP return

  Valuation

  6%

  $1,205,753

  6.5%

  $1,113,003

  7%

  $1,033,503

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,249,583

  Geo Method

  $1,249,583

• Alternative Use

  Use

  Valuation

  Residential

  $938,860

  Hospitality

  $859,990

  Educational

  $715,502

  Medical

  $740,109

  Retail

  $1,113,003

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.0211

Longitude

-115.226

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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