700 NE Loop 289

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700 NE Loop 289

Las Vegas, NV 89110
Asking Price
$1.53M
Asset Type
Land
Class
Class B

What's Special

700 NE Loop 289 is situated in a high-visibility corridor in northeastern Las Vegas, characterized by a mix of industrial complexes and commercial retail centers. The property offers direct frontage along the Loop 289 frontage road, providing immediate access to major regional transportation arteries and the interstate system. The surrounding neighborhood features a high density of logistics hubs and established service businesses. Proximity to local distribution centers and retail amenities ensures consistent traffic flow and accessibility for heavy machinery or transport vehicles. This prime land asset is well-suited for industrial storage, equipment yards, or vehicle fleet parking. The flat topography and strategic access points support the needs of logistics providers, construction firms, or regional distributors requiring outdoor storage capacity. Typical tenants for this site include companies specializing in transportation, heavy equipment rental, or infrastructure support services seeking a central hub within the Las Vegas metropolitan area. The zoning allows for versatile commercial applications aimed at supporting the city’s trade and service sectors.

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NOI
$80,000
Cap Rate
5.21%
DSCR
0.88
Underwater
Cash-on-Cash
-2.42%
Monthly Payment
$7,594.342
Annual Cash Flow
$-11,132.11

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