12 min read

The Stack Auto Lofts in Henderson: Intro to Owning a Luxury Auto Condo

Rich Rogers, REALTOR® : October 29, 2026

The Stack Auto Lofts logo with a black sports car and tire tracks
The Stack Auto Lofts, Henderson, NV.

The Stack Auto Lofts is 29 deeded, gated auto condos in West Henderson's growing industrial corridor. Here is what you would own, who it fits beyond car collectors, how it can fit a 1031 exchange, and what the CC&Rs say, read by a former general contractor turned REALTOR®.

This is an introduction. It stays high level on purpose. I will cover The Stack in more depth in future articles, from the industrial growth around it to the numbers on specific units. If you want more detail now, contact me right away.

I'm Rich Rogers, a REALTOR® with Keller Williams Realty The Marketplace in Summerlin. I'm a former general contractor, former CPA, and a residential developer and homebuilder of luxury homes. I started as a general contractor in 2009 and built my first luxury spec home in the Seattle area in 2011. My family has lived in Summerlin since 2024.

NOTE: I don't represent the developer. I help buyers evaluate and purchase units at The Stack. If you are thinking about buying one, call me at 725-577-0743.

What would you actually own at The Stack?

Short answer: A deeded commercial condo inside a gated site with a clubhouse, functional as delivered.

Exterior of the clubhouse building at The Stack Auto Lofts, with stone columns and tall windows
The clubhouse at The Stack.

Per the developer, units run 1,849 to 3,978 total square feet in three collections: Rooftop, Loft and Core. Every unit has:

  • A 14 foot tall by 12 foot wide roll-up door
  • HVAC, insulated construction and three-phase power
  • A mezzanine and a private half bath

Select units add a private rooftop deck. It is the only luxury fee simple auto condo I found for sale in the Las Vegas Valley as of October 2026. You can store, show and lightly maintain cars there. You cannot live there.

No buildout required. Every unit is functional as delivered. Any buildout is optional and done to each owner's own specs.

Empty unit at The Stack Auto Lofts with a steel mezzanine and stairs along the back wall
An empty unit with its steel mezzanine and stairs.
Empty unit at The Stack Auto Lofts showing a glass entry door and a tall roll-up door
An empty unit, with a glass entry door and the tall roll-up door.

You can lease it out for income. The CC&Rs allow leases and subleases, including shared use for a fee, as long as the lease is in writing and subject to the CC&Rs (Art. I.B.37 and VI.C.13). Tenants may use the common areas during the lease. Details and conditions are in the leasing section below.

Why does the West Henderson location matter?

Short answer: The Stack sits in an industrial corridor that is filling in fast, with a business airport, an NFL headquarters and a 2.4 million square foot factory (with its own F1 team) as neighbors.

Is it an industrial area? Yes. Henderson approved the project as 30 industrial condominium lots at the northwest corner of Via Inspirada and Larson Lane (NVBEX). The CC&Rs describe the standard as "a quality business park."

Dusk view down the drive between two buildings at The Stack Auto Lofts, with roll-up doors lit
The Stack at dusk.

The neighbors:

  • Haas Automation. North America's largest CNC machine tool maker is finishing a factory on Via Inspirada at Larson Lane, just south of the airport. The City of Henderson put it at 2.4 million square feet. A Haas executive told the Review-Journal it is on schedule to open in the first quarter of 2027, with potentially thousands of employees. Haas Automation also owns the Haas F1 Team. The cars inside The Stack will not get faster for it. Their owners may feel faster.
  • Henderson Executive Airport. Clark County's business aviation airport, with a 24,000 square foot terminal on 760 acres. Collectors who fly in can see their cars before the coffee cools.
  • Raiders Headquarters and Intermountain Health Performance Center at 1475 Raiders Way: a 135,000 square foot office and a 150,000 square foot field house.
  • LOCAL @ Raiders Way. A 52,155 square foot small-bay park at the edge of the airport, sold in July 2026 with plans to sell the suites as industrial condos.
  • LogistiCenter at I-15 South. Dermody Properties' four-building project of just over 1 million square feet on Volunteer Boulevard.

The Stack is centered in a prime location with great accessibility. The airport is 2.0 road miles away (4 minutes), Raiders headquarters 1.7 miles (4 minutes) and the Bellagio 13.4 miles (19 minutes).

How Henderson's industrial land is building out. In general terms: West Henderson had land, new roads and quick access to I-15 and Southern California, so warehouses and factories followed. That wave pushed Henderson vacancy from about 1% in 2022 to more than 11% by 2025, per CBRE, and it is now being absorbed. In the third quarter of 2026, West Henderson posted 293,199 square feet of net absorption, second only to North Las Vegas (Cushman & Wakefield).

Owners are also buying instead of leasing: Colliers reported higher owner-user sales volume this quarter, and Henderson now has industrial condo projects such as LOCAL @ Raiders Way and Black Mountain Commerce Center. I will dig deeper into Henderson's industrial build-out in a future article.

What rents and values are doing. Valley-wide, the third quarter of 2026 looked steady. Vacancy was 8.6% (Colliers), 8.7% (CBRE) and 9.6% (Cushman & Wakefield), each down from the prior quarter. Average asking rents held at $1.02 to $1.11 per square foot per month, triple net, depending on the firm. Rents climbed fast through 2023 (CBRE) and have been roughly flat since. Avison Young expects them to stay flat through 2027. So this is a market working through supply, not a runaway.

Where could Stack values go? No Stack unit has resold and there are no other direct comp auto lofts in the valley. Comparable luxury auto lofts have to be found in another city and state, so a different real estate market entirely.

This cuts both ways, and IMO the fact that units here are already selling proves the market for these unique assets. It’s no surprise to me. Vegas is already a luxury supercar hotspot and with the growth of F1 (now booked through 2037) this should increase.

What I can list are the factors that support value over time:

  • Scarcity. It is the only luxury fee simple auto condo for sale in the valley that I found. There are 29 units, and that number does not grow.
  • Land. Most land around Las Vegas is federal. About 30,000 acres remained in the federal disposal boundary in 2025 (Nevada Current). Infill land near an airport and I-15 is not getting more common.
  • Neighbors & industrial growth. Haas opening, Raiders headquarters, airport traffic and a corridor still filling in.
  • Ownership demand. Small-bay buyers are showing up across the valley.

This is not a projection or a guarantee. Specialty property can trade above or below the broader market, and a narrow buyer pool cuts both ways. Buy it for the use that benefits you most, and let the build out of the surrounding areas work in the background.

Who can use a Stack unit besides car collectors?

Short answer: Anyone who needs height, a big door and a clean, gated space, as long as the work stays light, inside the unit and outside the midnight to 3 a.m. window.

The developer markets the units for collections, showrooms, recreational vehicles, business and hobbies. Within the CC&R limits, good fits include:

  • Boat, powersports and motorcycle owners. The CC&Rs allow fuel in the factory tank of a stored vehicle, boat or equipment. A boat on its trailer or a camper van works if it clears the 14 by 12 foot door and fits the bay.
  • Photographers and video or content studios. Height for lighting, a drive-in door for car shoots, a mezzanine for editing.
  • Product designers and light fabricators. Prototyping and light assembly. No stone or composite fabrication, no fumes or heavy dust, no large power-hungry machines.
  • E-commerce and inventory storage. Shelving inside, loading at the door. No outdoor storage.
  • Contractors and designers. A showroom and office to meet clients. Materials stay inside.
  • Art and wine collectors. Climate-controlled, secure and private. Ask the board about any wine cooling equipment first, given the power clause.
  • Brokers, dealers or detailers. A private showroom by appointment, or ceramic coating and film work. No body or major mechanical work.
  • Golf simulator or home gym. The developer pitches mezzanines for simulators. Classes for paying customers raise city occupancy questions, so check first.
  • A man cave or entertaining space. Fine for private gatherings. No overnight stays, nothing between midnight and 3 a.m., and no club or entertainment business.

Purchase a unit (or two) and get creative with your use of the space.

Rendering of a possible owner buildout with a kitchen island, lounge seating and a red car on a lift
Rendering of a possible owner buildout.

Can you lease your unit or run a business from it?

Short answer: Yes to both, with conditions written into the CC&Rs.

Leasing for income (Art. VI.C.13). You may lease or sublease your unit, or share it for a fee. The lease must be in writing and subject to the CC&Rs. I found no minimum term, no cap on leased units and no tenant approval. You notify the association, pay a fee for each new tenancy, and give the tenant the CC&Rs and rules. You stay liable for your tenant. After the developer period ends, the association may move to evict a tenant for material violations. The developer can also lease its own units, so expect some competition. One wording issue to clear in writing before you count on rent: the CC&Rs say only owners receive gate and entry items. There are no rent comps for this product yet, so treat income as a bonus until a lease is signed.

Running a business (Art. VI.B and VI.C). Business use is allowed if it happens inside the unit. Only loading, unloading, parking and temporary vehicle repair may happen outside. The CC&Rs:

  • Ban activity between midnight and 3 a.m.
  • Ban entertainment businesses and clubs, stone and composite fabrication, hazardous waste, nuisance noise, dust or fumes, and anything that raises other owners' insurance.
  • Ban flyers and handbills, and require board approval for any exterior sign.
  • Let you, your tenants and visitors park in front of your unit and in designated spaces.
  • Set no cap on customer visits, but the board can adopt rules and can bar uses that do not fit "a quality business park."

Your use must also meet Henderson zoning and building codes, and you will need a Henderson business license.

Gated courtyard at The Stack Auto Lofts with parking in front of the units
The gated courtyard at The Stack.

Can a Stack unit work in a 1031 exchange or a move to Nevada?

Short answer: Possibly, if you hold the unit for business or investment, such as leasing it out. A unit used only to store your own cars likely does not qualify.

1031 exchange. Section 1031 lets you defer gain when you exchange real property held for business or investment for like-kind real property. Personal-use property does not qualify. Real properties are generally like-kind to each other, so a rental home can generally be exchanged into a commercial condo. You must identify the replacement within 45 days and receive it within 180 days (or by your tax return due date, if earlier). A qualified intermediary holds the sale proceeds. Because the CC&Rs allow leasing, a leased Stack unit is the cleaner fit.

Moving wealth from Out-of-State (i.e. California or Washington). Nevada has no state income tax on individuals. Owning a Stack unit does not by itself make you a Nevada resident.

  • California: If you exchange California property for property outside the state, California can still tax the deferred California gain when it is later recognized, and you must file Form FTB 3840 every year until then.
  • Washington: Washington's capital gains tax exempts real estate, but its real estate excise tax applies to most sales of Washington property, usually paid by the seller. Washington also has a new 9.9% income tax on adjusted gross income over $1 million starting Jan. 1, 2028.

I will detail the hold scenario further in a later article. What I’ll say now is that, as a former CPA, the depreciation and ownership of these units can benefit a business owner. (Confirm with your own CPA.)

This isn't tax or legal advice. Talk with your CPA and a qualified intermediary.

How does renting car storage compare with owning?

Short answer: Renting is cheaper per car. Owning buys space, access and a deed with the potential of value appreciation.

The valley has good car storage rentals:

  • 24/7 Auto Vault (southwest Las Vegas): $250 a month for cars under $100,000, rising by value to $750 at $1.25 million to $1.5 million. Motorcycles are $185. Pickup takes 48 hours' notice.
  • The Reserve (Henderson): from $295 a month. Its $650 plan adds two details a month, battery and tire care and a VIP lounge.
  • LIFTED (southwest Las Vegas): plans at $350, $500 and $750 a month, with 24/7 owner access.
  • Ultimate Vault (Henderson, near the airport): 110 rack spaces and 20 floor spots. Pricing by phone. It asks 72 hours' notice for your car.
  • REVCity Auto Storage (Las Vegas, near Henderson): by appointment, quote only.

Four cars in the $500,000 to $1 million tier at 24/7 Auto Vault run $2,000 a month. Rent gets you a parking spot with service. Owning gets you 1,849 to 3,978 square feet, a mezzanine, your own door and a deed. Renting vs owning is less about the cheapest stall and more about what you want to do with the space.

Finished unit at The Stack Auto Lofts with a red Ferrari on a lift and a golf cart parked under the mezzanine
A finished unit, owner buildout.

What should you know before you buy?

Short answer: Seven things in the recorded CC&Rs. None is a deal killer. All belong in your budget and your attorney's inbox.

The recorded declaration (Clark County Recorder Inst. 20261016-0000462, recorded Oct 16, 2026) runs 82 pages. Know these before you buy:

  1. You own your roof. Each owner inspects, repairs and replaces its own roof, and the association holds no roof reserve. The master policy deductible for a roof or deck loss, currently $10,000, is charged to that unit, fault or not.
  2. No fire sprinklers. Quote insurance for your contents and your cars early.
  3. No living there, and a quiet window. No overnight lodging. No activity from midnight to 3 a.m.
  4. Light work only. Routine maintenance and minor repairs are fine. Body work and major mechanical work are not.
  5. Plan lifts and chargers before you buy. Anchors into the slab need written board approval, and structural work needs a Nevada architect or engineer and city permits. The CC&Rs also bar "large energy consumption machines," so get the board's written view on lifts and EV chargers. All work must use licensed, bonded contractors and finish within 90 days. This is where a builder's eye helps. I can help you plan, design and coordinate the buildout with licensed contractors, from lifts and lighting to a mezzanine lounge or office. They do the work and pull the permits. The mezzanine is rated for people and furniture, not cars. Keep the Ferrari downstairs.
  6. The developer runs the board for now. Then the owners do. The developer appoints and removes all directors during its control period (Art. V.B, p.28). That period ends at the earliest of: 90 days after 75% of the units sell (22 of 29), 4 years after the developer stops offering units for sale, 10 years after recording (Oct 16, 2036), the developer's written waiver, or an earlier date set by law (Art. I.B.52, p.12). After that, the owners elect the Executive Board. It must have at least three members, and the CC&Rs require all of them to be owners. The board then elects the officers (Art. V.B). Each unit gets one vote, 29 in all (Art. III.A.3). The bylaws set three directors with staggered two-year terms after turnover. The CC&Rs give the developer no appointed seats after turnover, and they set no phase-in of owner-elected seats before it. The developer does keep the right to approve board actions while it owns any unit, even with no seat (Art. V.B), and must approve special assessments while it owns a unit (Art. XI.E). Once owners take over, the association must keep a separate reserve account and do a reserve study at least every five years (Art. XI.P).
  7. Fewer statutory protections. As a nonresidential condo, only the lien and foreclosure sections of NRS 116 apply.
Rendering of a possible owner buildout with a lounge, office area and a red car on a lift
Rendering of a possible owner buildout with a lounge.

What should you do before you sign?

Short answer: Treat it like a small commercial purchase, not a house.

  1. Get a current, dated price and availability sheet. Your buyer's agent can request it.
  2. Have an attorney read the CC&Rs, and get the association's written position on lifts, EV chargers, tenant gate access and the power clause.
  3. Get a roofer's estimate and build your own roof reserve.
  4. Quote insurance for an unsprinklered building, including your cars.
  5. Talk to a commercial lender. Commercial condo loans differ from home loans.
  6. Ask your CPA how commercial property fits your tax picture.
  7. Confirm the title commitment shows the construction lender's partial release for your unit.
  8. Plan the buildout before you close. I can help you plan, design and coordinate the buildout with licensed contractors, plus a Nevada engineer for anything structural.
Steel staircase inside the clubhouse at The Stack Auto Lofts, with a site plan board on an easel
The clubhouse staircase, with the site plan on display.

The Stack is a rare asset. Like any real estate, it carries risk. Bought for the right use, it can be a garage, a studio, a showroom and an office under one roof you own. If you are weighing a purchase, I can help you compare units, read the documents, negotiate and close, and help you plan, design and coordinate the buildout with licensed contractors. Call me at 725-577-0743 for more detail anytime. More on The Stack is coming in future articles.

Sources

Information comes from public sources, developer materials and the recorded CC&Rs as of October 2026 and may change. Nothing here is a projection of value or return. Buyers should verify all details and consult their own attorney, lender, CPA and insurance advisor.

Rich Rogers, REALTOR® | 725-577-0743 | r3luxury.com

Keller Williams Realty The Marketplace, NV License S.0205007. Each office is independently owned and operated.