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Property profile & analytics
OFF-MARKET Estimated value $3,355,000
Retail space

3725 Russell Rd Las Vegas, NV 89118-2309

23,000 SF 1.06 ac lot Built 1977
Individually Owned 5-yr Hold Free & Clear
Property ID
US62-0439503
Property summary
AI-generated overview

This ±23,000 square foot single-tenant warehouse, built in 1997, is situated on approximately 1.06 acres in Las Vegas, Nevada. Located in the Stadium District of the Southwest Submarket, this property offers exceptional access and visibility. The building features a single story with a ceiling height ranging from 13 to 15 feet, providing ample vertical space for storage and operations. Three grade-level loading doors ensure efficient loading and unloading. The property also boasts substantial power: approximately 600 amps, 120/208V, 3-phase power. A paved and secured yard enhances security and operational efficiency. The property is zoned IL (Industrial Light) and has a Clark County APN of 162-32-101-002. The address is 3725 W Russell Rd, Las Vegas, NV 89118. An additional ±1.06 acres of land is available for lease at an additional cost, totaling approximately 2.12 acres. The lease rate is $1.49 per square foot, net, net, net (NNN), plus a CAMS charge of $0.18 per square foot, resulting in a total monthly rent of $38,500. This prime location offers a strategic advantage for businesses seeking a well-equipped and conveniently located warehouse space.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1977
Construction METAL FRAME
Total area 23,000 SF
Lot 1.06 ac (46,174 SF)
APN 162-32-101-002
UPID US62-0439503
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.38M
Blend (final) Blend
$3.36M
Owner & transaction history
Belinda C Feeney · 5 yrs held
Belinda C Feeney
since 2021
6 recorded transactions
2021
Price N/A
2014
Price N/A
2002
Price N/A
2002
Price N/A
1994
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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