Technical
Financial
Distress signals
Property profile

607 Craig Rd North Las Vegas, NV 89032

OFF-MARKET
Turn key restaurants
Property ID
US62-0233649
3,314 SF 0.62 ac lot Built 2008
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 3,198 square foot freestanding restaurant building with a drive-thru, ideally situated on a high-traffic section of Craig Road in North Las Vegas, Nevada. The property boasts a convenient location across from Craig Ranch Park, ensuring high visibility and accessibility. This former Carl's Jr. location benefits from its established infrastructure and existing drive-thru capabilities, minimizing initial setup costs for prospective buyers. The 0.62-acre lot provides ample space for potential expansion or outdoor seating. The property is zoned C-2, offering flexibility for various commercial uses. Surrounding businesses include major retailers such as Home Depot, EOS Fitness, Dignity Health, Smart & Final, and Circle K, creating a strong commercial environment and high foot traffic. The property's address is 607 W. Craig Road, North Las Vegas, NV 89032, with the APN 139-03-314-004. This single-tenant property presents a compelling opportunity for investors seeking a well-located, established commercial space with significant potential for growth and return. The property's strategic location and existing infrastructure make it an attractive option for a variety of restaurant concepts or other commercial ventures. The building's size and layout are well-suited for a quick-service restaurant or similar business. Further details are available upon request.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2008
Construction FRAME
Total area 3,314 SF
Lot 0.62 ac (27,007 SF)
APN 139-03-314-004
UPID US62-0233649

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

607 Craig Rd North Las Vegas, NV 89032-3202
North Las Vegas metro Census 3641 LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.18M
Blend (final) Blend
$2.93M

Owner & transaction history

since 2025
Last sale
$2.8M
5 recorded transactions
2025
$2.8M
2016
$2.8M
2011
Price N/A
2011
$2.0M
2009
$10.0M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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