4935 Charleston Blvd Las Vegas, NV 89104-6402

Property Details for 4935 Charleston Blvd

Year built

1997

Construction

FRAME

Lot size

0.19 lot acres

Property size

1,323 SF

Property type

Office buildings

APN

161-05-510-019

APU

16105510019

Description

This exceptional 1,300 square foot automotive dealership building presents a compelling owner-user or investment opportunity in Las Vegas, Nevada. Located at 4935 E. Charleston Blvd., this single-story, 1997-built property sits on a 0.19-acre lot with Commercial General (CG) zoning. The building features five units, currently with 40% occupancy (two of five units leased on short-term agreements). This allows for immediate owner-occupancy of the remaining space or a value-add opportunity for investors to lease the vacant units. Boasting approximately 1100 feet of frontage on heavily trafficked E. Charleston Blvd., the property benefits from excellent visibility and high daily traffic counts (approximately 36,500 cars per day). The property also includes a small, secure yard for additional vehicle parking. The strategic location within a dense residential/retail area, approximately 1.4 miles from Interstate 11, provides access to a substantial population of approximately 227,849 residents within a three-mile radius, with an average household income of $79,243. The asking price is $704,000, representing a price per square foot of $542 and a 6.50% cap rate. This property offers significant potential for growth and income generation in a thriving Nevada market with no state income tax. The property's APN is 161-05-510-019.