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1519-1529 Industrial Rd

15,000 SF 100% Leased Industrial Building Las Vegas, NV 89102 $7,359,504 CAD ($491 CAD/SF)

Executive Summary

Many units are presently rented but each lease can be cancelled with 30 days notice. Owner does not need to sell but is willing to sell for the right price. This property is the gateway to the newest cool area in Vegas. Large residential of 300+ units of mixed residential and hotel os approved on the far side of this block. A distillery/bar is being built across the street. There are two large projects just to the North East that are under construction now. The cranes are in place work is being done now.
Area is in the special improvement district. Industrial used to be a dead end now it is extended to Charleston. You can be on the freeway in two minutes from this site. The sewer lines have been enlarged. If you don't buy this you will think wish you had in 5 years. Value can be added by putting a roof on 3000 square feet of this property where the structure is already built but the roof is missing.

Property Facts

Price $7,359,504 CAD
Price Per SF $491 CAD
Sale Type Investment
Sale Conditions REO Sale
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.51 AC
Rentable Building Area 15,000 SF
No. Stories 1
Year Built 1964
Parking Ratio 1/1,000 SF
Clear Ceiling Height 17 ft
No. Drive In / Grade-Level Doors 6
Opportunity Zone Yes

Amenities

  • Fenced Lot
  • Signage

Utilities

  • Lighting - Fluorescent
  • Gas
  • Water - City
  • Sewer - City
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
162-04-608-006
Land Assessment
$273,542 CAD
Improvements Assessment
$176,372 CAD
Total Assessment
$449,913 CAD

zoning

Zoning Code M, Las Vegas (Although it is M1 the special improvemen district statu allows almost any use the city thinks will be a benefit to the area.)
M, Las Vegas (Although it is M1 the special improvemen district statu allows almost any use the city thinks will be a benefit to the area.)
  • Listing ID: 34115543

  • Date on Market: 2024-12-06

  • Last Updated:

  • Address: 1519-1529 Industrial Rd, Las Vegas, NV 89102

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