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Property profile & analytics

2340 Postal Dr, Unit A Pahrump, NV 89048-4793

  • Commercial real estate
  • 5,000 SF
  • 0.90 lot acres
OFF-MARKET
Last Sale
Apr 23, 2025
$875,000
Value Estimations
$875,000
Show details
Cap Rate Potential
7.6%
Commercial real estate
Location Intelligence
Property ID
US62-0379135
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Cutting Edge Designs / (Bike/Boat/Book/etc) Store / Printing Service
  • Redmond Fencing Llc / General Contractor / Construction Company
  • Snowden Designs / General Contractor
  • Quality Auto Repair / Auto Repair Shop

Property Details for 2340 Postal Dr

Year built
2005
Lot size
0.90 lot acres
Property size
5,000 SF
Zone code
GC
Property type
Commercial real estate
APN
035-422-39
APU
3542239

Description

This exceptional 10,000-square-foot industrial property in Pahrump, Nevada, presents a compelling value-add opportunity for investors or owner-users. Located on a 1.05-acre lot at 2340 E Postal Dr, this fee-simple property boasts two single-story buildings, each with four units totaling 10,000 net rentable square feet. Currently 100% occupied with four tenants, the property offers significant upside potential due to three tenants on short-term or month-to-month leases, allowing for immediate rent increases. Built in 2005, the property features four loading docks, four dock-high doors, and ample parking within a secure gated yard. Its convenient location offers direct access to Highway 160, providing excellent visibility and accessibility. The property is zoned General Commercial (GC) in Nye County and benefits from its proximity to downtown Pahrump and its strategic position 60 miles west of Las Vegas, Nevada, within a rapidly growing area experiencing substantial commercial and residential expansion. The asking price is $1,250,000 ($125/sq ft, $312,500/unit), representing a below-market rental rate for the existing tenants, providing a strong foundation for value appreciation. Rent bumps are possible. The property's features and location make it an ideal investment for those seeking immediate income and long-term growth potential.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $870,000
    ML approach
    $880,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,100,000
    6.5%
    $1,015,000
    7%
    $945,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,155,000
    Market price range: $438k - $1.16M
    AI Estimate
    $633,000
    Market price range: $206k - $633k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Pahrump
County
Nye
State
Nevada
Longitude
-115.972
Latitude
36.2039
CBSA code
37220
CBSA name
PAHRUMP, NV MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$9,518
$45,743
$288,819
$334,562
-
$130,693
$825,198
$955,891
More about this property
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