Property profile

1540 Industrial Rd Las Vegas, NV 89102

OFF-MARKET
Auto shops
Property ID
US62-0353979
6,743 SF 1.3 ac lot Built 1962
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1962
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,743 SF
Lot 1.3 ac (56,628 SF)
APN 162-04-606-005
UPID US62-0353979

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1540 Industrial Rd Las Vegas, NV 89102
Las Vegas metro Census 1100 LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.11M
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.94M
Blend (final) Blend
$5.15M

Owner & transaction history

since 2021
Last sale
$4.1M
3 recorded transactions
2021
$4.1M
1999
$875,000
1997
$1.0M

Zoning & alternative use

Top alternative use upside
Restaurant $4.9M +29.8%
Commercial (general) $4.3M +13.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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