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Property profile & analytics
FOR SALE
Retail space

1214 D St Las Vegas, NV 89106

4,353 SF 0.16 ac lot Built 1953
Entity Owned 18-yr Hold ~ Est. High Equity
Property ID
US62-0321695
1214 D St, Las Vegas, NV 89106 For Sale
$450,000 4,353 SF
1214 D St, Las Vegas, NV 89106
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Property summary
AI-generated overview

This exceptional investment opportunity presents a 4,353-square-foot retail storefront located at 1214 D St, Las Vegas, NV 89106. The property, built in 1953 and renovated in 2015, sits on a 0.16-acre lot (APN 139-27-111-081) and boasts a single-story, concrete block construction. Currently, the building is 100% occupied by a restaurant, Annie's Kitchen, under a lease agreement executed August 1, 2022, for the entire 4,353 square feet. This tenant has occupied a portion of the building since 2008, initially leasing approximately 1,000 square feet. The asking price is $500,000, translating to $109 per square foot. Benefiting from its strategic location at the southeast corner of D Street and Monroe Avenue, this property is zoned R-4 and falls within an Opportunity Zone, presenting significant potential for investors. The property features one building with a permitted R-4 zoning designation.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1953
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,353 SF
Lot 0.16 ac (6,970 SF)
APN 139-27-111-081
UPID US62-0321695
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$830k
Blend (final) Blend
$705k
Owner & transaction history
Jackson Market LLC · 18 yrs held
Jackson Market LLC
since 2008
7 recorded transactions
2008
$287,000
2008
Price N/A
2006
Price N/A
2005
$100,000
2001
Price N/A
2001
Price N/A
1991
$63,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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