3050 Cheyenne Ave North Las Vegas, NV 89032-6025
This exceptional 2,984-square-foot retail property, located at 3050 W Cheyenne Ave in North Las Vegas, NV 89032, presents a compelling owner-user or investment opportunity. Built in 2006 and extensively renovated in 2022, this single-story, Class B shopping center/storefront boasts modern finishes and a versatile layout. The property sits on a 20,038-square-foot lot and includes 30 parking spaces. Currently vacant, this space offers significant potential for a variety of retail uses, having previously been adapted for event hosting and featuring a roll-up drive-through door with warehouse capabilities. Zoned as Planned Unit Development, this property benefits from high visibility due to its prime location off a busy intersection. The asking price is $659,000, representing a price per square foot of $220.84. The property features one unit within a single building. While the current Net Operating Income (NOI) is $0 due to vacancy, the recent renovations and strategic location position this property for strong future returns. This is a rare chance to acquire a premium retail space in a thriving submarket, ideal for long-term growth and high return on investment.
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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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.