Property profile

6585 Lake Mead Blvd Las Vegas, NV 89156

OFF-MARKET
Retail properties & Spaces
Property ID
US62-1248855
1,519 SF
Individually Owned 2-yr Hold
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 1,519-square-foot retail property located at 6585 E Lake Mead Blvd, Las Vegas, NV 89156, within Clark County. The property, zoned C2, boasts a versatile layout currently configured as an auto shop, gas station, and restaurant, offering significant potential for diverse uses. The asking price is $355,000, translating to $233.71 per square foot. The building sits on a 7,860-square-foot lot, providing ample space for expansion or outdoor amenities. Its prime location in Las Vegas ensures high visibility and accessibility, attracting a substantial customer base. The property's diverse permitted uses allow for flexibility in adapting to evolving market demands. This is an ideal investment for entrepreneurs seeking a well-established location with high growth potential in a bustling Nevada market. The property's current configuration as a multi-use space offers immediate income potential, while the ample lot size allows for future expansion or redevelopment. This is a rare opportunity to acquire a versatile retail property in a high-demand area of Las Vegas. Serious inquiries are encouraged.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,519 SF
UPID US62-1248855

Cap rate & NOI

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

Location

6585 Lake Mead Blvd Las Vegas, NV 89156
Las Vegas metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

since 2023
3 recorded transactions
2023
$135,827
2022
$135,837
2021
$135,837

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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