Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    3845 S Pioneer Ave Las Vegas, NV 89107
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3845 S Pioneer Ave Las Vegas, NV 89107

    View on Map
    • Auto shops
    • 2,560 SF
    • 1.89 lot acres
    For Sale
    $299,500
    View Listing →
    Residential Building Lot in Las Vegas For Sale
    $299,500
    0.52 Acres

    Residential Building Lot in Las Vegas

    Undeveloped residential lot in prestigious Section 10, Las Vegas.

    3845 S Pioneer Avenue, Las Vegas, NV 89107
    View Listing
    Property ID
    US62-0813619
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Auto shops

    Property Details for 3845 S Pioneer Ave

    Year built
    1973
    Construction
    FRAME
    Lot size
    1.89 lot acres
    Property size
    2,560 SF
    Property type
    Auto shops
    APN
    162-18-506-011
    APU
    16218506011

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,581,000
      Market price range: $696k - $2.58M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,620,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.191
    Latitude
    36.1279
    CBSA code
    29820
    CBSA name
    LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,514
    $324,167
    $100,887
    $425,054
    -
    $926,191
    $288,249
    $1,214,440

    Comparable in this City

    • Value Estimation by Request
      1,040 SF

      302 Saint Louis Ave

      AUTO REPAIR, GARAGE • 1,040 SF
      302 Saint Louis Ave, Las Vegas, NV 89102-4710
      View Details
    • Value Estimation
      $515,000
      6,106 SF

      28 California St

      AUTO REPAIR, GARAGE • 6,106 SF
      28 California St, Las Vegas, NV 89102-2513
      View Details
    • Value Estimation by Request
      2,025 SF

      3224 Meade Ave

      AUTO REPAIR, GARAGE • 2,025 SF
      3224 Meade Ave, Las Vegas, NV 89102-0086
      View Details
    • Value Estimation
      $1,265,000
      12,904 SF

      4016 Charleston Blvd

      AUTO REPAIR, GARAGE • 12,904 SF
      4016 Charleston Blvd, Las Vegas, NV 89102-1634
      View Details
    • Value Estimation by Request
      5,285 SF

      50 Colorado Ave

      AUTO REPAIR, GARAGE • 5,285 SF
      50 Colorado Ave, Las Vegas, NV 89102-2518
      View Details
    • Value Estimation
      $4,895,000
      6,743 SF

      1540 Industrial Rd

      AUTO REPAIR, GARAGE • 6,743 SF
      1540 Industrial Rd, Las Vegas, NV 89102
      View Details

    Similar Nearby for Sale

    • $14,500,000

      Entertainment Mixed-Use Opportunity Zone Property

      Prime location near Las Vegas Strip with existing licenses.
      3355 Procyon St, Las Vegas, NV 89102
      View Details
    • $14,500,000

      Entertainment Mixed-Use Opportunity Zone Property

      Prime location near Las Vegas Strip with entertainment licenses.
      3355 Procyon St, Las Vegas, NV 89102
      View Details
    • $1,383,000
      2,405 SF

      7-Eleven Retail Property For Sale

      NNN leased 7-Eleven in Las Vegas with high traffic.
      4380 W Desert Inn Rd, Las Vegas, NV 89102
      View Details
    • Contact for pricing
      21,000 SF

      Freestanding Retail Facility on Charleston

      Vacant retail space with showroom and fenced outdoor area.
      4101 W Charleston Blvd, Las Vegas, NV 89102
      View Details
    • Contact for pricing
      25,460 SF

      Prime Las Vegas In-Fill Parcel

      4.07 acre mixed-use parcel in opportunity zone.
      3355 Procyon St, Las Vegas, NV 89102
      View Details
    • $415,000
      1,233 SF

      Las Vegas High-Rise Condo

      2-bedroom condo with Strip views and resort-style amenities.
      200 W Sahara Ave, Las Vegas, NV 89102
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr
      2,180 SF

      High-Visibility Corner Retail Space

      Prime location for convenience store or fuel-retail business.
      2300 Western Ave, Las Vegas, NV 89102
      View Details
    • $1.65 SF/Yr

      Las Vegas Auto Center Hub

      Premier location on Decatur Boulevard, ideal for automotive businesses.
      3421 South Decatur Blvd, Las Vegas, NV 89102
      View Details
    • Contact for pricing

      Renovated Building Available For Lease

      Newly renovated building available for lease.
      4000 W Sahara Ave, Las Vegas, NV 89102
      View Details
    • Contact for pricing

      Westland Fair Retail Space

      Retail spaces for lease in established Las Vegas shopping center.
      1291 S Decatur Blvd, Las Vegas, NV 89102
      View Details
    • Contact for pricing
      6,700 SF

      Retail Space Near High Traffic

      Retail space available near Walmart and Lowe's with high visibility.
      1120-1200 S Decatur Blvd, Las Vegas, NV 89102
      View Details
    • Contact for pricing

      Commerce Street Retail/Office Space

      First floor space available on Commerce Street in shell condition.
      1551 South Commerce St, Las Vegas, NV 89102
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3845 S Pioneer Ave
    Las Vegas, NV 89107
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!