You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Distribution centers

5435 Procyon St Las Vegas, NV 89118

40,104 SF 2.19 ac lot Built 1998
Entity Owned 7-yr Hold Free & Clear
Property ID
US62-0266938
Property summary
AI-generated overview

Procyon West, a ±39,992 square foot industrial warehouse located at 5435 South Procyon Street, Las Vegas, NV 89118, presents a compelling investment opportunity. This single-building property, constructed in 1998, boasts a desirable M1 zoning classification. The warehouse features a substantial ceiling height of 20 feet, providing ample vertical space for storage and operations. Currently, two separate warehouse spaces are available, ranging in size from approximately 14,098 square feet to 25,894 square feet, offering flexibility for various business needs. The property's strategic location offers unparalleled access to major transportation arteries and key points of interest. It is situated less than a mile from the new Las Vegas Raiders stadium, less than five minutes from the Las Vegas Strip, and within a ten-minute radius of McCarran International Airport. This prime location ensures convenient access to a large workforce, significant consumer traffic, and efficient logistics networks. The Clark County property (APN 162-29-301-029) is ideal for businesses seeking a high-visibility location with excellent connectivity. The multiple tenancy structure allows for diverse occupancy options. This is a rare opportunity to acquire a well-located, functional industrial space in a thriving Las Vegas market.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1998
Construction CONCRETE
Total area 40,104 SF
Lot 2.19 ac (95,396 SF)
APN 162-29-301-029
UPID US62-0266938
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
Current use
Occupant on record · Public records
  • Interstate Electric Co Inc Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.93M
Owner & transaction history
Realty Assocs Fund Xi Portfoli · 7 yrs held
Realty Assocs Fund Xi Portfoli
since 2019
5 recorded transactions
2025
Price N/A
2019
$7.2M
2004
Price N/A
1998
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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