Property profile

1930 E Fremont St Las Vegas, NV 89101

FOR SALE
Turn key restaurants
Property ID
US62-0492614
4,362 SF 0.66 ac lot Built 1964
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 4,362-square-foot retail property, located at 1930 E Fremont St, Las Vegas, NV 89101, presents a compelling investment opportunity. The single-story, 1964-built building sits on a sizable 0.66-acre lot and is zoned TC-4, allowing for diverse redevelopment possibilities. Currently, the property comprises a vacant 2,800-square-foot space (former Odyssey Bar) in vanilla shell condition and a 1,562-square-foot space occupied by Odyssey Pizza under a month-to-month lease. The asking price is $1,450,000, translating to $332.42 per square foot. This prime location in the burgeoning East Fremont corridor offers proximity to Downtown Las Vegas and significant potential for future growth. The oversized lot provides ample space for expansion or redevelopment, making this an ideal asset for investors seeking a high-return opportunity in a vibrant and rapidly developing area. The property's Class C designation and single-tenancy status offer flexibility for future use. APN: 139-35-803-005.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1964
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,362 SF
Lot 0.66 ac (28,750 SF)
APN 139-35-803-005
UPID US62-0492614

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

1930 E Fremont St Las Vegas, NV 89101
Las Vegas metro Census 521 LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$895k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.01M

Owner & transaction history

since 2026
Last sale
$940,000
7 recorded transactions
2026
Price N/A
2023
Price N/A
2022
Price N/A
2022
$940,000
2007
$850,000
2005
$55,671
1969
Price N/A

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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More about this property
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