Property profile

7095 Placid St Las Vegas, NV 89119

OFF-MARKET
Commercial real estate
Property ID
US62-0054842
1,990 SF 1.24 ac lot Built 1988
Entity Owned 4-yr Hold
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Property summary

AI-generated overview

This ±27,925 square foot industrial property in Las Vegas, Nevada, offers a versatile space ideal for manufacturing, warehousing, or distribution. Situated on approximately 1.13 acres, the single-building property features a ceiling height of approximately 24 feet 6 inches, providing ample vertical storage. The property includes one dock-high door (approximately 9' x 10') and one drive-in door (approximately 14' x 16'), ensuring efficient loading and unloading. Power is provided by 1,000 amps of 277/480v, 3-phase power. The property is zoned IP and has a Clark County APN of 177-04-702-016. The minimum divisible space is 25,405 square feet, with a maximum contiguous space of 27,925 square feet currently vacant. This location in Las Vegas, NV (zip code 89119) offers excellent access to major transportation routes, making it a strategic location for businesses needing efficient logistics. The property is ready for immediate occupancy. Contact us today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1988
Construction FRAME
Total area 1,990 SF
Lot 1.24 ac (54,014 SF)
APN 177-04-702-011
UPID US62-0054842

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
  • Film Production Television Studio

Location

7095 Placid St Las Vegas, NV 89119-4226
Las Vegas metro Census 2847 LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.44M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.85M
Blend (final) Blend
$1.34M

Owner & transaction history

since 2021
Last sale
$1.2M
6 recorded transactions
2021
$1.2M
2008
Price N/A
2004
$675,000
2001
$725,000
1995
$190,000
1992
$35,000

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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