1775 Nellis Blvd Las Vegas, NV 89115-6605
This exceptional 0.96-acre commercial property in Las Vegas, Nevada, is ideally situated on North Nellis Boulevard, a high-traffic area with approximately 36,000 vehicles passing daily, ensuring excellent visibility and exposure. The property includes two buildings totaling 3,924 square feet on a lot zoned CG (Commercial General). One building is a 1,624 square foot auto repair shop featuring two roll-up doors, a fully fenced and gated yard, and outdoor lift capabilities. The second building is a 2,300 square foot retail/office building divided into three individual suites, each with separate metering. The property also benefits from a grandfathered-in auto sales license. Built in 2008, this vacant property offers significant potential for various commercial uses, including additional retail spaces or fast-food establishments. The asking price is $1,999,999, translating to $509.68 per square foot. The property's address is 1775 N Nellis Blvd, Las Vegas, NV 89115, with APN numbers 14020802010 and 14020802005. The property is currently vacant and available for occupancy on May 1, 2024. This prime location presents a unique opportunity for owner-users or investors seeking a high-visibility commercial property in a thriving Las Vegas market.
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House of Cars Car Dealership
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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