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2610 N Martin L King Blvd 3,680 SF Specialty Building Offered at $1,673,364 CAD at a 4.77% Cap Rate in North Las Vegas, NV 89032
Investment Highlights
- 1+ acre lot
- Owner Financing or Lease Option Available
- 4,840sf of building space
Executive Summary
Total building area is 4,840sf. Front building is used as gathering/house of worship and back building is used for administrative offices, meeting hall and storage, 4 total bathrooms, 2 in each building. Current tenant lease expires Sept 2026. Good paying tenant with multiple locations, may be interested in extending lease. Lot size is over 1 acre with plenty of room for possible future expansion, parking, events, etc. Current House of Worship usage is through an SUP with possible zoning changes available for different owner user usage. Lots of new construction in the area. Seller is open to Owner Carry Financing or NNN Lease ($7,500/mo) or Lease option (Rate Varies with Lease option down and term) - inquiry directly with Listing Agent.
Interior of front building has had significant remodeling in 2023/2024. Back building had a new roof put on 2025. Many improvements completed over the past 5 years.
Interior of front building has had significant remodeling in 2023/2024. Back building had a new roof put on 2025. Many improvements completed over the past 5 years.
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $1,673,364 CAD | Property Subtype | Religious Facility |
| Price Per SF | $454.72 CAD | Lot Size | 1.06 AC |
| Sale Type | Investment or Owner User | Building Size | 3,680 SF |
| Cap Rate | 4.77% | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 1957/2023 |
| Zoning | N:R-1 | ||
| Price | $1,673,364 CAD |
| Price Per SF | $454.72 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 4.77% |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Lot Size | 1.06 AC |
| Building Size | 3,680 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1957/2023 |
| Zoning | N:R-1 |
Amenities
- Signage
- Air Conditioning
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 139-16-701-007 | Improvements Assessment | $154,638 CAD (2026) |
| Land Assessment | $92,393 CAD (2026) | Total Assessment | $247,031 CAD (2026) |
Property Taxes
Parcel Number
139-16-701-007
Land Assessment
$92,393 CAD (2026)
Improvements Assessment
$154,638 CAD (2026)
Total Assessment
$247,031 CAD (2026)
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2610 N Martin L King Blvd
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