For Sale
$699,999

1460 Calvada BlvdPahrump, NV 89048

6,000 SF Medical Office, Net Lease

Overview

Added:
Dec 11, 2024
Days on market:
115
This single-story, 6,000-square-foot medical office building is situated on a 7,500-square-foot lot in Pahrump, Nevada, a rapidly growing community approximately one hour west of Las Vegas. Built in 1999 and renovated in 2022, the property features a Class C designation and is currently vacant. The building previously served as an urgent care and kidney dialysis center, making it ideally suited for a variety of medical uses or adaptable to other professional needs. Located in Pahrump's secondary business district, the property enjoys high visibility with over 6,500 cars passing daily, and is conveniently located near Terrible's Casino. The asking price is $699,999, representing a price per square foot of $116.67 and a 9.09% cap rate based on a net operating income (NOI) of $63,626. The property includes ample parking on the north side of the building and five new air conditioning units installed in 2021. The property's permitted zoning is commercial, and the APN is 038-763-03. This investment opportunity offers a strong potential return in a high-demand area. The property's single-tenant occupancy status and modified lease type provide a clear investment profile. The building's recent renovations and strategic location make it an attractive option for investors seeking a versatile and well-maintained commercial property in a growing Nevada market.

Highlights

  • 6,000 SF commercial building on a 7,500 SF lot in Pahrump, NV, offered at $750,000. Former medical facility.
  • High visibility location with over 6,500 daily vehicle count.
  • Versatile design suitable for various commercial uses, including healthcare.
  • Five new AC units installed in 2021.
  • Ample parking.

Property Details for 1460 Calvada Blvd

Property type
Office properties, Medical offices
Square Feet
6,000 SF
Class
C
Year Built/Renovated
1999/2022
Buildings
1
Stories
1
Units
1

Location Insight

City
Pahrump
County
Nye
State
Nevada
Latitude
36.191954320302
Longitude
-115.9877121865
1460 Calvada Blvd, Pahrump, Nevada

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1460 Calvada Blvd
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