6165 Pecos Rd Las Vegas, NV 89120-3209
- Warehouses
- 12,000 SF
- 2.26 lot acres
Current Use by Public Records
- Premium Connection Inc / Marketing Consultant
Property Details for 6165 Pecos Rd
- Year built
- 1992
- Construction
- CONCRETE
- Lot size
- 2.26 lot acres
- Property size
- 12,000 SF
- Property type
- Warehouses
- APN
- 162-36-702-006
- APU
- 16236702006
Description
This exceptional 38,000-square-foot industrial warehouse, situated on a 2.26-acre lot in Las Vegas, Nevada, presents a compelling value-add investment or owner-user opportunity. Built in 1991, this two-story building boasts a 20-foot ceiling height, six loading docks, and two dock-high doors. The property features approximately 8,000 square feet of office space and an 8,000-square-foot structural mezzanine above the office, offering 125 lbs/sq ft capacity and forklift access for approximately 300 pallets. A 12,000-square-foot yard area provides ample space for additional storage or expansion. The warehouse is currently vacant, with an occupancy date of August 23, 2024. The property is zoned IP Industrial Clark County and offers significant expansion potential, with the possibility of increasing the total square footage to 46,160 square feet. The building is strategically located in the Airport submarket, south of Russell Road and north of Sunset Boulevard, offering convenient access to major freeways (I-215, I-515, and I-15), Harry Reid International Airport, FedEx/UPS Air Cargo, USPS, and the Las Vegas Convention Center. The property's location benefits from high visibility on South Pecos Road (31,000 vehicles per day) and access from Sagebrush (8,800 vehicles per day). This versatile property is ideal for a variety of uses, including automotive, general service and repair, showroom, flooring, multi-tenant industrial, or mini-storage. The asking price is $8,999,000, translating to $236.82 per square foot. The property's design allows for flexible tenant configurations, with the potential to create four 2,500-square-foot units with grade-level access. Estimates for deferred capital expenses, such as roof replacement, LED conversion, painting, and slurry seal, are available upon request. This is a rare opportunity to acquire a well-located, expandable industrial property with significant upside potential.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,445,000
- 6.5%
- $1,330,000
- 7%
- $1,235,000
-
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $2,235,000 Current use
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Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.102
- Latitude
- 36.0779
- CBSA code
- 29820
- CBSA name
- LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
