1800 Lewis AveLas Vegas, NV 89101

Property Details for 1800 Lewis Ave

Year built

1952

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.16 AC

Property size (Sq ft)

3,154 SF

Property type

Office properties

Property subtype

Office buildings

APN

139-35-814-001

APU

13935814001

Description

This exceptional 3,154 square foot warehouse, located at 1800 Lewis Ave in Las Vegas, Nevada, presents a compelling investment opportunity. Priced at $519,900, this property offers significant potential for various commercial uses. Situated in Clark County, zip code 89101, the property's convenient location provides easy access to major transportation routes, enhancing logistical efficiency. The warehouse is classified as both industrial and commercial, offering flexibility for a range of businesses. The property's size makes it suitable for storage, light manufacturing, or distribution operations. With its strategic location in Las Vegas and its substantial square footage, this warehouse represents a strong investment in a thriving market. The property is categorized as industrial land and offers a blank canvas for a prospective buyer to customize and develop according to their specific business needs. The absence of units indicates a single, expansive warehouse space. This property is ideal for entrepreneurs and businesses seeking a versatile and well-positioned industrial space in the heart of Las Vegas. Its location at 36.159573 latitude and -115.124774 longitude ensures easy navigation and accessibility. Serious inquiries are encouraged to explore this promising investment opportunity further.

• CAP approach

  CAP return

  Valuation

  6%

  $744,245

  6.5%

  $686,995

  7%

  $637,924

• Comparable approach

  Method

  Valuation

  Relative Method

  $631,904

  Geo Method

  $631,904

• Alternative Use

  Use

  Valuation

  Residential

  $851,874

  Hospitality

  $780,312

  Educational

  $649,211

  Medical

  $671,538

  Retail

  $1,009,883

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.1596

Longitude

-115.125

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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