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Industrial Comps in Las Vegas, NV

Automated market snapshot from recent comparable sales · Dec 2024 – Aug 2026. Updated 2026-10-08.

Mike McBey · CC BY 2.0

Median price / SF
$208
across 6 recent sales
Typical range
$197–$223
middle of the market, $/SF
Cap rate range
5.3%–6.2%
stabilized deals
OpEx / EGI
12%–18%
assumes NNN, tenant covers common area maintenance and taxes
Price trend
-1.5%/yr
sale prices over the search window

Las Vegas, NV industrial market

Las Vegas industrial fundamentals are stabilizing as the market absorbs substantial recent construction deliveries. Comps across the metro indicate pricing between $181 and $290 per square foot, with strong premiums for well-located infill and shallow-bay facilities. Target address is metro-wide so comps reflect representative sales across greater Las Vegas.

What's driving Industrial prices in Las Vegas

Las Vegas industrial sale pricing has held mostly flat with slight discounts on bulk warehouse and resilience in infill flex.

Market intelligence

$1812024 H2 · 1$2902025 H1 · 1$2252025 H2 · 1$1962026 H1 · 1$2152026 H2 · 2

Tracking this market · 6 comps · 12-month median $200/SF · latest deal Aug 2026.

This quarter: 0 comps added to our corpus in Q4 2026. Trend medians use closed-deal dates from our growing comp corpus; automated estimates, not an appraisal.

Where these comps are

Momentum Flat

Pins are geocoded from each comp's public address, so positions are approximate. Comps quoted at the submarket level aren't pinned. The shaded area is Las Vegas's municipal boundary, coloured to match the momentum read above.

Recent Industrial comps in Las Vegas, NV

AddressDateTypeSize (SF)Clear HeightDock DoorsPrice / Rate$/SFTenancyYear Built
3051 Coleman St, North Las Vegas, NV 89032 newsAug 2026Sale1533021 ft10 dock-high, 2 grade-level$3,300,000$215Single-tenant NNN - U.S. Oil Solutions2002
4080 N Pecos Rd, Las Vegas, NV 89115 listingJul 2026Sale3307524 ft3 dock-high, 2 grade-level$6,615,000$200Single-tenant NNN - Aloha Shoyu Co.2005
3950 Alto Ave, Las Vegas, NV 89115 newsJan 2026Sale33925732 ftDock-high$66,450,000$196Single-tenant NNN - Amazon2020
3130 N Lamb Blvd, North Las Vegas, NV 89115 newsSep 2025Sale10444032 ft18 dock-high, 2 grade-level$23,500,000$225Vacant2025
7180 Myers St, Las Vegas, NV 89113 newsApr 2025Sale8328032 ft8 dock-high$24,117,760$290Vacant2024
5325 S Valley View Blvd, Las Vegas, NV 89118 newsDec 2024Sale4830418 ft11 grade-level$8,750,000$181Multi-tenant1981
Median of 6 recent sales · $208/SF$208

What's your industrial property worth?

Get a free, instant estimate from recent comps, with the source cited on every one.

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Other markets

Figures are automated estimates derived from public listings, records, and brokerage announcements for Las Vegas, NV, not an appraisal or a broker opinion of value. Verify independently before relying on them. CompNinja connects owners with licensed local brokers; it is not a brokerage.