5860-5880 S Valley View Blvd
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5860-5880 S Valley View Blvd
15,632 SF 100% Leased Industrial Building Las Vegas, NV 89118 $4,500,000 ($288/SF) 5.10% Cap Rate
Investment Highlights
- Located within the proposed "Stadium District"
Executive Summary
Excellent opportunity to own 2 freestanding buildings within 0.4 miles of Allegiant stadium and inside the proposed "Stadium District". 5860 is 10,632 SF with high ceilings and ground level roll-up door. 5880 is 5000 SF with 2 ground level roll-up doors and two entrances making easily divisible into two units. Both units have direct access to Valley View Blvd and not only has street frontage but also a pylon sign. With the proposed new commercial tourism zoning, both buildings can be converted to restaurant, retail, or office.
Property Facts
| Price | $4,500,000 | Rentable Building Area | 15,632 SF |
| Price Per SF | $288 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1994 |
| Cap Rate | 5.10% | Parking Ratio | 1.47/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 18 FT |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 3 |
| Building Class | B | Opportunity Zone |
Yes
|
| Lot Size | 0.51 AC |
| Price | $4,500,000 |
| Price Per SF | $288 |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.10% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.51 AC |
| Rentable Building Area | 15,632 SF |
| No. Stories | 1 |
| Year Built | 1994 |
| Parking Ratio | 1.47/1,000 SF |
| Clear Ceiling Height | 18 FT |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
Amenities
- Bus Line
- Signage
Utilities
- Lighting
- Water
- Sewer
- Heating
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PROPERTY TAXES
| Parcel Number | 162-32-101-026 | Improvements Assessment | $406,345 |
| Land Assessment | $192,105 | Total Assessment | $598,450 |
PROPERTY TAXES
Parcel Number
162-32-101-026
Land Assessment
$192,105
Improvements Assessment
$406,345
Total Assessment
$598,450
zoning
| Zoning Code | M-1, County |
| M-1, County |
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5860-5880 S Valley View Blvd
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