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AZ Storage and RV parking 2530 Commerce st

55,200 SF Vacant 4-Star Industrial Building Pahrump, NV 89048 $4,335,000 ($79/SF) 12.83% Cap Rate

Investment Highlights

  • Self Storage and RV Parking, with Managers quarter and Retail Office, Truck Rentals and Mail Boxes additional income in Oport. Tax Zone

Executive Summary

Self Storage 294 units plus 50 RV parking on 4.5 ac all drive in units. Salles Office and 2 Bed. Managers Apartment included for on-site security and/or management. Income based on 95% occupancy rate. New construction estimated completion mid. September 2024.Located in "Opportunity Zone" - tax exempt zones. The project valued at 8,2 mill per Feasibility Study at 6.5% return, see attached.
Additional income : Renal Trucks and Mail Boxes in Opportunity Zone ! Additional income: Truck Rentals and Mail Boxes, in process.

Property Facts

Price $4,335,000
Price Per SF $79
Sale Type Investment or Owner User
Cap Rate 12.83%
Sale Conditions High Vacancy Property
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Service
Building Class A
Lot Size 4.55 AC
Rentable Building Area 55,200 SF
No. Stories 1
Year Built 2024
Parking Ratio 0.07/1,000 SF
Clear Ceiling Height 14 FT
No. Drive In / Grade-Level Doors 294
Cross Streets 160 Hwy anf Commercial
Opportunity Zone Yes

Amenities

  • Property Manager on Site

Utilities

  • Water - City
  • Sewer - Septic Field

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
35-401-23
Land Assessment
$23,339
Improvements Assessment
$0
Total Assessment
$23,339

zoning

Zoning Code commercial
commercial
  • Listing ID: 29651865

  • Date on Market: 9/28/2023

  • Last Updated:

  • Address: 2530 Commerce st, Pahrump, NV 89048

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