You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET
Industrial land

1561 Commerce St Las Vegas, NV 89102-2703

0.45 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US62-1265228
Property summary
AI-generated overview

This exceptional commercial property, located in the vibrant Downtown Las Vegas Arts District, offers 5,250 square feet of vacant retail space in a newly planned ground-up development. The property consists of eight stand-alone buildings, each designed to resemble a container but constructed from structural steel for maximized interior space. Units range from a minimum of 300 square feet to a maximum contiguous space of 2,250 square feet, catering to a variety of business needs. The development features a shared common area building with restrooms, eliminating the need for individual tenant bathrooms. A comprehensive umbrella liquor license covers the entire project. The location boasts prime frontage on a main street, directly across from Atomic Golf, and benefits from abundant parking. Attractive tenant improvement allowances and competitive lease terms are available. The development includes string lights, an activated alley with live music and communal seating, fostering a vibrant atmosphere. Its proximity to Brewery Row, casinos, downtown events, and major freeways (I-15 and I-215) and Harry Reid International Airport ensures excellent accessibility. The 0.45-acre lot is zoned Commercial/Industrial (C-M), with the Clark County APN 162-03-201-004. This development presents a unique opportunity to establish a business in a thriving, high-traffic area with a strong sense of community. The property is ideal for a diverse mix of food and beverage concepts, taking advantage of the calendar of weekly and monthly events, including farmers markets and music festivals.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 0.45 ac (19,602 SF)
APN 162-03-201-004
UPID US62-1265228
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
by Request
Blend (final) Blend
by Request
Owner & transaction history
Kla Capital Series LLC · 2 yrs held
Kla Capital Series LLC
since 2023
2 recorded transactions
2026
Price N/A
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1561 Commerce St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message