507 S Decatur Blvd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
507 S Decatur Blvd
1,955 SF Office Building Las Vegas, NV 89107 $430,000 ($220/SF) 7.19% Cap Rate
Investment Highlights
- Heavy day time traffic
- Open plan office space with spacious main area that can be used as a showroom
- Lots of Natural Light
Executive Summary
Prime Executive Office Space with High Visibility on Decatur Blvd (investment Opportunity)
With an impressive layout featuring 4 spacious offices and a sprawling main area that can double as a showroom, this property is poised to elevate your business endeavors. Nestled for maximum visibility along bustling Decatur Blvd, its strategic location ensures your brand will be seen by a multitude of potential clients.
Property Highlights:
-Frontage Visibility: Positioned along Decatur Blvd, your business will benefit from high exposure and foot traffic, making it ideal for a wide range of ventures seeking maximum visibility.
-Private Parking: Convenience meets functionality with 12 dedicated parking spaces, ensuring easy access for both clients and employees.
-This property underwent extensive renovations in 2022. Modern aesthetics, quality finishes, and a polished interior create an impressive setting for meetings and presentations.
-Surrounded by a blend of businesses and residential areas, this location strikes the perfect balance between professional opportunities and daily convenience.
With an impressive layout featuring 4 spacious offices and a sprawling main area that can double as a showroom, this property is poised to elevate your business endeavors. Nestled for maximum visibility along bustling Decatur Blvd, its strategic location ensures your brand will be seen by a multitude of potential clients.
Property Highlights:
-Frontage Visibility: Positioned along Decatur Blvd, your business will benefit from high exposure and foot traffic, making it ideal for a wide range of ventures seeking maximum visibility.
-Private Parking: Convenience meets functionality with 12 dedicated parking spaces, ensuring easy access for both clients and employees.
-This property underwent extensive renovations in 2022. Modern aesthetics, quality finishes, and a polished interior create an impressive setting for meetings and presentations.
-Surrounded by a blend of businesses and residential areas, this location strikes the perfect balance between professional opportunities and daily convenience.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$30,000
|
$15.35
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$30,000
|
$15.35
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $30,000 |
| Annual Per SF | $15.35 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $30,000 |
| Annual Per SF | $15.35 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Sale Condition
Ground Lease (Leasehold)
Property Type
Building Size
1,955 SF
Building Class
C
Year Built
1955
Price
$430,000
Price Per SF
$220
Cap Rate
7.19%
NOI
$30,900
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,955 SF
Building FAR
0.26
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
PR, Las Vegas - Professional offices.
Parking
12 Spaces (4.55 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Fenced Lot
- Signage
- Central Heating
- Fully Carpeted
- Natural Light
- Yard
- Air Conditioning
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Universal Church Inc
- Services
- 1,955 SF
- $1.30
- Net
- May 2026
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Universal Church Inc | Services | 1,955 SF | $1.30 | Net | May 2026 |
1 of 1
Walk Score®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 139-31-310-134 | Improvements Assessment | $27,112 (2024) |
| Land Assessment | $36,285 (2024) | Total Assessment | $63,397 (2024) |
PROPERTY TAXES
Parcel Number
139-31-310-134
Land Assessment
$36,285 (2024)
Improvements Assessment
$27,112 (2024)
Total Assessment
$63,397 (2024)
1 of 28
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
507 S Decatur Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.