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    7090 Gilespie St Las Vegas, NV 89119
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    Property profile & analytics

    7090 Gilespie St, Las Vegas, NV 89119

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    • Commercial real estate
    • 1,476 SF
    • 0.56 lot acres
    Off-Market
    Last Sale Aug 31, 2020
    $800,000
    Property ID
    US62-0150487
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $885,000
    Show details
    Cap Rate Potential
    2.4%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 7090 Gilespie St

    Year built
    1986
    Construction
    FRAME
    Lot size
    0.56 lot acres
    Property type
    Commercial real estate
    APN
    177-04-701-014
    APU
    17704701014

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 31, 2020 $800,000 Ellipsus LLC Morton Paul S Living Trust Grant Deed —
    May 14, 2020 — Joseph E Caron Paul S Morton Affidavit Of Death · related —
    Oct 30, 2019 — Morton,paul S Living Trust Paul S Morton Quit Claim Deed · related —
    Oct 28, 1988 $106,000 Paul S Morton Unknown Grant Deed —

    Description

    This exceptional 3,933 square foot commercial land parcel presents a compelling investment opportunity in the heart of Las Vegas, Nevada. Located at 7090 Gilespie Street, zip code 89119, this property boasts a strategic position directly across from a major Las Vegas car rental facility, placing it within the bustling airport trade area. The site benefits from exceptionally high tourist traffic and a dense daytime population, making it ideal for a variety of commercial ventures. The property's size allows for significant development potential, including the possibility of a drive-thru facility, further enhancing its appeal to prospective businesses. The asking price for this prime commercial land is $2,000,000. Situated in Clark County, Nevada, this property offers unparalleled access to the city's vibrant economy and substantial tourist influx. Its location near the airport ensures high visibility and convenient access for both locals and visitors. The potential for a drive-thru adds to the versatility and profitability of this exceptional investment opportunity. This is a rare chance to acquire a strategically located commercial land parcel in a high-demand area of Las Vegas. The property's size and location make it an attractive prospect for developers and investors seeking a strong return on investment. Don't miss this opportunity to secure a piece of Las Vegas' thriving commercial landscape.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $915,000
      ML approach
      $910,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $998,000
      Market price range: $302k - $2.09M
      AI Estimate
      $891,000
      Market price range: $117k - $2.40M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $935,000
      Current use
      AUTO REPAIR, GARAGE
      $820,000
      Change: -12% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.163
    Latitude
    36.0607
    CBSA code
    29820
    CBSA name
    LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,844
    $128,069
    $1,326
    $129,395
    -
    $365,911
    $3,789
    $369,700
    More about this property
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