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Property profile & analytics
FOR LEASE
Warehouses

871 Grier Dr Las Vegas, NV 89119

52,800 SF 3.36 ac lot Built 1986
Entity Owned 21-yr Hold ~ Est. High Equity
Property ID
US62-0040502
Property summary
AI-generated overview

This 52,676 square foot multi-tenant property, located at 871 Grier Dr, Las Vegas, NV 89119, presents a unique opportunity. Situated in the Airport submarket on a 3.36-acre lot (APN 177-03-510-008), this Class B building, constructed in 1986 and renovated the same year, offers 17,360 square feet of vacant space. The property boasts impressive features including ±22’ - ±24’ ceiling heights, four loading docks, and two drive-ins. Power is substantial, with 1,200 amps of 277/480V, 3-phase power. The zoning is IL. Previously used as a telecommunications switch facility, the building includes existing infrastructure and equipment such as Liebert CRAC units, Vertiv Liebert EXM UPS, FM-200 Clean Agent fire suppression tanks and panel system, a 1000kW Caterpillar diesel generator, and a 6,000-gallon diesel storage tank. The extensive buildout includes open and perimeter offices, a break room, switch room, interconnector room, battery room, and an internal secured loading dock. Over 180 tons of HVAC are in place. The property is currently vacant and requires advance scheduling for tours.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1986
Construction CONCRETE
Total area 52,800 SF
Lot 3.36 ac (146,362 SF)
APN 177-03-510-008
UPID US62-0040502
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Preferred Homecare Home Health Care Service Medical Equipment Supplier
  • PDS Gaming, LLC Financial Advisor
  • Sprint Switch Corporate Office
  • FOUNDERS HEALTHCARE, LLC Production Facility
  • Sisu Healthcare Solutions Home Health Care Service Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.54M
Owner & transaction history
Kirkorian Properties · 21 yrs held
Kirkorian Properties
since 2005
7 recorded transactions
2025
Price N/A
2005
$5.8M
2004
Price N/A
2000
Price N/A
2000
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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