1424 Utah & 3rd St NWC

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1424 Utah & 3rd St NWC

Las Vegas, NV 89104
Asking Price
$2.50M
Asset Type
Commercial Land
Class
Class B

What's Special

1424 S 3rd St, Las Vegas, NV 89104 <ul><li>​Immediate proximity to the I-15 and US-11 interchange.</li><li>​Features prominent street frontage within a walkable, high-energy corridor known for its monthly events and a rapidly expanding commercial density.</li><li>​Positioned within the high-demand Arts District, attracting a mix of local residents and tourists and neighboring iconic local anchors like Esther's Kitchen and The Arts Factory.</li></ul>

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NOI
$80,000
Cap Rate
3.20%
DSCR
0.54
Underwater
Cash-on-Cash
-9.12%
Monthly Payment
$12,368.636
Annual Cash Flow
$-68,423.631

Location & Travel Times