4325 Patrick Ln Las Vegas, NV 89118
- Manufacturing properties
- 5,244 SF
Current Use by Public Records
- Baily Foods / Food Products Supplier
- S&M Scenic / Metal Fabricator / Print Shop
- Formation Engineering / Racing Car Parts Store
- Hamilton Blake, LLC / Business Management Consultant
- Dalco Industries Inc / Manufacturer
Property Details for 4325 Patrick Ln
- Year built
- 2007
- Construction
- CONCRETE
- Property size
- 5,244 SF
- Property type
- Manufacturing properties
- APN
- 162-31-712-003
- APU
- 16231712003
Description
This exceptional 7,134-square-foot warehouse, located at 4325 West Patrick Lane, Suite 120, Las Vegas, NV 89118, presents a fantastic opportunity for businesses seeking a functional and well-maintained industrial space. The property boasts a Class B rating and was constructed in 2007. The building features two stories, offering approximately 2,175 square feet of two-story office space in addition to the warehouse area. The warehouse itself has a footprint of approximately 6,144 square feet and benefits from a 22-foot clear ceiling height, enhancing storage and operational efficiency. Loading is facilitated by two dock-high loading doors and one drive-in door, ensuring smooth and efficient goods movement. The property includes 14 total parking spaces and is situated on a 0.12-acre lot. Further enhancing its appeal are ESFR sprinklers, skylights for natural light, and a secured truck court on the west side of the building. The interior features two restrooms, above-standard tile, and fresh paint throughout. The property is zoned for Industrial Light use (IL) and has a 225-amp, 120/208V, 3-phase power supply. The current CAMs are $1,712.16 monthly ($.24 PSF). Conveniently located in the South West submarket of Las Vegas, with access from Hinson St. and W. Patrick Ln, this warehouse offers excellent accessibility and visibility. The APN is 162-31-712-006. This single-tenant warehouse is currently vacant.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,305,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,090,000
- 6.5%
- $1,145,000
- 7%
- $1,140,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,030,000
- Geo Method
- $840,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,145,000
- Retail
- $1,070,000
- Mixed-Use
- $1,135,000
- Hospitality
- $1,080,000
- Educational
- $1,135,000
- Residential Income
- $1,265,000
- Energy
- $1,175,000
- Income-Based Land
- $1,130,000
- Food Service
- $1,240,000
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.198
- Latitude
- 36.0776
- CBSA code
- 29820
- CBSA name
- LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
