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    2439 Decatur Blvd Las Vegas, NV 89108-2907
    Property profile & analytics

    2439 Decatur Blvd, Las Vegas, NV 89108-2907

    View on Map

    • Auto shops
    • 2,400 SF
    • 0.25 lot acres
    Off-Market
    Last Sale Sep 26, 2024
    $1,100,000
    Property ID
    US62-0463904
    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.

    Value Estimations
    $1,100,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • C & F Automotive / Auto Repair Shop

    Property Details for 2439 Decatur Blvd

    Year built
    1994
    Construction
    STEEL FRAME
    Lot size
    0.25 lot acres
    Property type
    Auto shops
    APN
    138-13-801-082
    APU
    13813801082

    Description

    This exceptional investment opportunity presents a well-established auto repair shop in Las Vegas, Nevada. The property, located at 2439 N Decatur Blvd, boasts 2,880 square feet on a 0.25-acre lot, zoned C-1. The building, constructed in 1994, is a two-story Class B structure with a single tenant currently enjoying 100% occupancy until April 30, 2024. The property features four repair bays, a secure rear yard, a standard office, reception area, and bathroom. High ceilings in the bay area and up-to-date equipment are key features. This family-run business, operating for over 30 years, offers a compelling value-add investment opportunity. The asking price is $1,350,000, representing a price per square foot of $468.75 and a land value of $468.62/SF. The property's strong performance is reflected in its attractive 6.22% cap rate. The net lease structure provides a straightforward investment with minimal management responsibilities. This turnkey operation presents a rare chance to acquire a profitable business and valuable real estate in a desirable Las Vegas location. The property's parcel number is 138-13-801-082.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,100,000
      ML approach
      $1,100,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $950,000
      Market price range: $653k - $2.42M
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $1,335,000
      Current use
      COMMERCIAL (GENERAL)
      $1,520,000
      Change: +14% Conversion: Moderate

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


    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.206
    Latitude
    36.2035
    CBSA code
    29820
    CBSA name
    LAS VEGAS-PARADISE, NV METROPOLITAN 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
    2023
    $2,712
    $36,209
    $60,283
    $96,492
    -
    $103,454
    $172,237
    $275,691
    More about this property
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