Property profile

34 Pacific Ave Henderson, NV 89015

OFF-MARKET
Retail properties & Spaces
Property ID
US62-0941551
1,483 SF 0.15 ac lot Built 1942
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 34 W. Pacific Ave., Henderson, NV 89015, presents a unique investment opportunity in the heart of Downtown Henderson's Redevelopment District. The 1,996 square foot building, situated on a lot with a separate garage and fenced yard, boasts a rich history, having served as a successful commercial and residential real estate company for nearly three decades. Completely renovated in 2024, this property offers a versatile space ideal for a variety of uses. The Downtown Mixed-Use (DX) zoning permits a wide range of possibilities, including office space, residential units, short-term rentals (like Airbnbs), retail storefronts, bars/restaurants, and even gaming establishments. The building comprises two structures, each one story, totaling 1,843 square feet. The property includes one unit and is ready for occupancy on November 1, 2024. Originally built in 1942, the extensive 2024 renovations provide a modern and functional space. This is a value-add investment situated in an Opportunity Zone, offering significant potential for growth and return. The separate garage with a roll-up door adds further versatility for various service-based businesses. This property is being offered for $650,000.

Property profile

Verified
Property type Retail properties & Spaces
Use group NURSERY, GREENHOUSE, FLORIST
Year built 1942
Construction FRAME
Total area 1,483 SF
Lot 0.15 ac (6,534 SF)
APN 179-18-310-134
UPID US62-0941551

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency

Location

34 Pacific Ave Henderson, NV 89015-7306
Henderson metro Census 5200 LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$485k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$475k

Owner & transaction history

since 2025
Last sale
$600,000
7 recorded transactions
2025
Price N/A
2025
$600,000
2018
Price N/A
2017
$162,852
2014
Price N/A
2011
$195,000
2010
$195,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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