For Sale
North Las Vegas, NV
Commercial Real Estate Market Trends & Data
$433 per SF
Avg asking sale price
$23 per SF
Avg asking lease rate
21,895 SF
Avg unit lease size
28,544 SF
Avg building size for sale
6.23%
Average cap rate
North Las Vegas's Demographic Profile
North Las Vegas has 86,684 households and a median income of $66,537, providing context for rent absorption and tenant demand across retail and multifamily assets. A +7% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 275,850 |
| # Households | 86,684 |
| Median age | 35 |
| Median household income | $66,537 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 35,052 |
| 5-year population change | +7% |
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| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| North Las Vegas | $319 | 25,278 SF | 7.38% |
| College Park | $314 | 6,017 SF | 1.14% |
| Las Vegas | $354 | 15,112 SF | 7.77% |
| Henderson | $321 | 6,164 SF | 7.77% |
| Enterprise | $335 | 11,432 SF | 7.50% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| North Las Vegas | $453 | 62,708 SF | 7.92% |
| College Park | $322 | 25,094 SF | 7.92% |
| Las Vegas | $396 | 31,555 SF | 7.92% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| North Las Vegas | $645 | 14,291 SF |
| Nellis Afb | $285 | 4,393 SF |
| College Park | $1,030 | 4,946 SF |
| Las Vegas | $619 | 15,709 SF |
| Henderson | $643 | 15,498 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| North Las Vegas | $241 | 16,565 SF | 8.75% |
| Nellis Afb | $280 | 13,447 SF | 6.16% |
| College Park | $203 | 12,795 SF | 6.10% |
| Las Vegas | $240 | 15,693 SF | 8.75% |
| Henderson | $267 | 18,236 SF | 8.47% |
Commercial Properties For Sale in North Las Vegas
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether North Las Vegas pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| North Las Vegas | $433 | 28,544 SF |
| Nellis Afb | $213 | 37,904 SF |
| College Park | $1,187 | 29,406 SF |
| Las Vegas | $448 | 26,314 SF |
Regional Demographic Comparison
This comparison places North Las Vegas alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in North Las Vegas or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| North Las Vegas | 275,850 | 86,684 | 35 | $66,537 | 3 | 35,052 | 7% |
| Nellis Afb | 5,257 | 1,299 | 28 | $24,805 | 3 | 1,239 | 4% |
| N Las Vegas | 275,258 | 86,528 | 35 | $66,257 | 3 | 35,177 | 7% |
| College Park | 50,806 | 16,402 | 36 | $61,491 | 3 | 6,901 | 6% |
| Las Vegas | 659,468 | 247,891 | 39 | $61,425 | 3 | 116,879 | 7% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in North Las Vegas, NV and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in North Las Vegas
View All Commercial Real Estate For Sale in North Las Vegas
Is North Las Vegas a good market for a first-time commercial real estate investor?
North Las Vegas offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
How can this market data help me decide whether to buy commercial property for my business in North Las Vegas?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in North Las Vegas. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
What should conservative investors focus on when evaluating commercial properties in North Las Vegas?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for North Las Vegas. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does North Las Vegas compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to North Las Vegas. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
How can this page support early-stage deal screening for North Las Vegas acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in North Las Vegas, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.
Nearby Market Trends
