871 Grier DrLas Vegas, NV 89119

  • Industrial properties
  • 52,800 SF
For Sale
$13,950,000 View listing

Property Details for 871 Grier Dr

Year built
1986
Construction
CONCRETE
Lot size
3.36 AC
Property size (Sq ft)
52,800 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
177-03-510-008
APU
17703510008

Description

This 52,676 square foot multi-tenant property, located at 871 Grier Dr, Las Vegas, NV 89119, presents a unique opportunity. Situated in the Airport submarket on a 3.36-acre lot (APN 177-03-510-008), this Class B building, constructed in 1986 and renovated the same year, offers 17,360 square feet of vacant space. The property boasts impressive features including ±22’ - ±24’ ceiling heights, four loading docks, and two drive-ins. Power is substantial, with 1,200 amps of 277/480V, 3-phase power. The zoning is IL. Previously used as a telecommunications switch facility, the building includes existing infrastructure and equipment such as Liebert CRAC units, Vertiv Liebert EXM UPS, FM-200 Clean Agent fire suppression tanks and panel system, a 1000kW Caterpillar diesel generator, and a 6,000-gallon diesel storage tank. The extensive buildout includes open and perimeter offices, a break room, switch room, interconnector room, battery room, and an internal secured loading dock. Over 180 tons of HVAC are in place. The property is currently vacant and requires advance scheduling for tours.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $11,949,710
    Hospitality
    $10,945,870
    Educational
    $9,106,836
    Medical
    $9,420,034
    Retail
    $14,166,189
871 Grier Dr, Las Vegas, Nevada

Location Insight

City
Las Vegas
County
Clark
State
Nevada
Latitude
36.0686
Longitude
-115.144
CBSA code
29820
CBSA name
LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$45,642
$768,401
$1,147,364
$1,915,765
-
$2,195,431
$3,278,183
$5,473,614

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