989 Empire Mesa WayHenderson, NV 89011

Property Details for 989 Empire Mesa Way

Year built

2000

Construction

CONCRETE

Lot size

0.44 AC

Property size (Sq ft)

6,000 SF

Property type

Warehouses

APN

178-02-111-003

APU

17802111003

Description

This exceptional 7,745-square-foot industrial warehouse, located at 989 Empire Mesa Way in Henderson, Nevada, presents a unique owner-user opportunity. The property sits on a 0.44-acre lot (APN 178-02-111-003) and is zoned IL. Built in 2007 and renovated in 2013, the building boasts 18-foot ceilings and five grade-level loading doors (approximately 12' x 14'). The functional layout includes approximately 2,568 square feet of office space spread across two floors, featuring a large open area, seven dedicated offices, and three restrooms. A 979-square-foot mezzanine provides additional storage. The remaining 4,198 square feet comprises warehouse space. The property also features a secured private yard enclosed by CMU walls with an independent entry gate. Its prime location offers convenient access to major transportation arteries, including proximity to the US-95/I-515 Freeway (approximately 0.8 miles) and Harry Reid International Airport (approximately 7.1 miles). The property is also minutes from the Galleria at Sunset Mall and Henderson Hospital, providing excellent visibility and accessibility. Offered at $2,400,000 ($309.88/SF).

• CAP approach

  CAP return

  Valuation

  6%

  $3,473,290

  6.5%

  $3,206,120

  7%

  $2,977,110

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,923,360

  Geo Method

  $1,923,360

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $1,664,650

  Mixed-Use / Specialty

  $1,674,920

  Hospitality / Lodging

  $1,249,930

  Office

  $1,681,850

  Institutional / Educational

  $1,747,030

  Residential Income

  $2,044,030

  Multifamily

  $2,361,650

  Automotive / Energy

  $1,497,460

  Parking / Income-Based Land

  $500,742

  Restaurant / Food Service

  $905,724

  Healthcare / Senior Housing

  $1,700,980

Location Insight

City

Henderson

County

Clark

State

Nevada

Latitude

36.0707

Longitude

-115.026

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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