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Property profile & analytics
OFF-MARKET Estimated value $675,000
Office buildings

3050 Cheyenne Ave North Las Vegas, NV 89032-6025

2,984 SF 0.46 ac lot Built 2006
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US62-0242501
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 2006
Construction FRAME
Total area 2,984 SF
Lot 0.46 ac (20,038 SF)
APN 139-08-416-008
UPID US62-0242501
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
Current use
Occupant on record · Public records
  • Result City Gym & Fitness Center
  • Financial Wize Mortgage Lenders North Las Vegas NV Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$750k
CAP Approach CAP
$680k
Comparable Approach Comparable
by Request
Blend (final) Blend
$675k
Owner & transaction history
Rdom LLC · 1 yrs held
Rdom LLC
since 2025
Last sale
$600,000
5 recorded transactions
2025
$600,000
2022
$1.5M
2018
$1.1M
2008
$440,540
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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