RAM PRESENTED BY Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. The user is required to conduct their own due diligence and verification. full service car lot for sale 2025 S. Decatur BLVD. las vegas, nevada 89102
2025 S. Decatur BLVD. FULL SERVICE CAR LOT FOR SALE listing HIGHLIGHTS For Sale: $4,300,000 24,250 Sq. Ft. 3.93 Acres general summary Located at southwest corner of Decatur Blvd. and El Parque. Traffic Count: 45,000 (+/-) The property is located in an established commercial corridor. National tenant in place. Showroom, office, garage & lot space. R A M ramgrouplv.com Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. The user is required to conduct their own due diligence and verification.
Demographic profile population (by age) 2018 Percent <18 18-24 25-34 35-44 45-54 55-64 65+ 25.6% 8.6% 14.8% 13.5% 11.8% 10.7% 15.0% 2018 MEDIAN AGE 36.3 2018 average age 37.7 housing occupancy Occupied Housing Units Vacant Housing Units Vacancy Rate Owner Renter 2018 13,740 1,965 12.5% 29.1% 70.9% households <$15,000 $15,000-$24,999 $25,000-$34,999 $35,000-$49,999 $50,000-$74,999 $75,000-$99,999 $100,000-$149,999 $150,000-$249,999 $250,000+ (by income) Median Household Income Avg. Household Income 2018 Percent 20.5% 16.6% 13.6% 15.5% 16.0% 7.2% 6.5% 2.1% 1.1% $34,397 $49,697 2018 trends population Las Vegas median income Las Vegas 640,174 $50.2K Clark County Population: 2.2M Clark County Median Income: $52.5K 1.8% p -1.4% q % Change vs. Prior Period % Change vs. Prior Period ramgrouplv.com Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. The user is required to conduct their own due diligence and verification. R A M
executive summary PROPERTY DESCRIPTION Single and two-story buildings as part of a full-service auto dealership on the S/W corner of Decatur Blvd. and El Parque Ave., known as EP Decatur. The buildings are joined by a covered breezeway with access to an open lot area. Multiple garage service bays, mezzanine storage, separate parts storage and finance offices are also included. Property is in a well-established commercial corridor that has been earmarked by the city of Las Vegas for redevelopment. National tenant Drive Time recently leased the entire property and a full-scale remodel was completed in 2015. SITE AND ZONING According to public records, the subject property consists of an approximate 24,250 square foot automotive sales and shop facility, originally built in 1977. The land area is made up of two parcels with a combined 3.93 (+/-) net acres, or 171,191 square feet (+/-). The subject property resides in an area zoned C-2 or General Commercial District, as defined by the city of Las Vegas. The property is a legal conforming use. The subject topography is described as being at street grade. According to FIRM COMMUNITY PANEL NUMBER 2165, the subject is not located within a flood hazard zone. OCCUPANCY Occupancy is at 100%. Rent Roll & Leases available. ENVIRONMENTAL The property had a Phase I Environmental Assessment done in February 2016 and is clean. PROPERTY VALUATION Based on the cash flow proforma for 2018, the value is estimated to be $4,300,000. R A M ramgrouplv.com Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. The user is required to conduct their own due diligence and verification.
financial summary Attached is a cash flow summary on the property for the years ending 2016-2017. The financial reporting is completed on a cash basis for tax purposes. Back up financial data is available. income overview 2016 Gross Revenue/NOI 2017 Gross Revenue/NOI summary $262.4K/$121.1K (ADJ*) $288.0K/$259.9K** **2017 based on actual operations to July 2017, stabilized occupancy & an annualized proforma. *2016 operating expenses reflect non-reoccuring or one time costs. (See Property & Cash Flow Analysis for details) ramgrouplv.com Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. The user is required to conduct their own due diligence and verification. R A M
2025 S. Decatur blvd. las vegas, nevada 89102 aerial map Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. The user is required to conduct their own due diligence and verification.
2025 S. Decatur blvd. las vegas, nevada 89102 market area map Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. The user is required to conduct their own due diligence and verification.
2025 S. Decatur blvd. las vegas, nevada 89102 el parque avenue hauck street decatur boulevard site plan Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. The user is required to conduct their own due diligence and verification.