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Property profile & analytics
OFF-MARKET Estimated value $16,950,000
Warehouses

249 Elliott Rd Henderson, NV 89011-4180

86,274 SF 4.72 ac lot Built 2001
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US62-1261773
Property summary
AI-generated overview

Desert Canyon Business Center offers a prime opportunity for businesses seeking flexible industrial space in Henderson, Nevada. This exceptional complex comprises five multi-tenant buildings totaling 93,550 square feet, constructed in 2001. The buildings feature a desirable two-story office layout within each unit, providing ample space for administrative functions and operations. Practical features include grade-level loading for efficient material handling, a generous 18-foot clear ceiling height, three-phase power for robust energy needs, and fire sprinklers for enhanced safety. Currently, four spaces ranging from 2,424 to 3,208 square feet are available. The property is zoned IL and boasts an APN of 178-026-01-002. Its strategic location at 249 Elliott Rd, Henderson, NV 89011, provides unparalleled accessibility via the I-95 and Boulder Highway interchanges at E Sunset Road. The convenient proximity to the Galleria Mall, diverse restaurants, and retail establishments adds to its appeal. This makes Desert Canyon Business Center an ideal location for businesses seeking a blend of functionality, accessibility, and a vibrant surrounding environment.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2001
Construction CONCRETE
Total area 86,274 SF
Lot 4.72 ac (205,603 SF)
APN 178-02-601-002
UPID US62-1261773
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
$16.95M
CAP Approach CAP
$13.74M
Comparable Approach Comparable
$15.63M
Blend (final) Blend
$16.95M
Owner & transaction history
Desert Canyon Owner LLC · 2 yrs held
Desert Canyon Owner LLC
since 2024
Last sale
$17.0M
7 recorded transactions
2024
$17.0M
2022
Price N/A
2022
$16.2M
2019
Price N/A
2017
$6.1M
2006
Price N/A
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $27.0M +91.1%
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