Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6625 Speedway Blvd North Las Vegas, NV

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Land with high traffic near Las Vegas Motor Speedway.

    Lot size:
    1.29 Acres

    Property Features for 6625 Speedway Blvd

    General Information

    Lot size
    1.29 Acres

    We can help!

    Listing Contact
    Bill Hicks
    Bill Hicks
    Source: Moodyscre

    Listing Agent: Bill Hicks

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Land Near Las Vegas Speedway

    This commercial land benefits from high traffic along I-15. The location is near the Las Vegas Motor Speedway, which hosts approximately 1,400 events annually. There is an estimated 7,000,000 square feet of planned construction in the surrounding area.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Hotel & Motel Gym & Fitness Center Storage Facility HVAC Service Garden Center Discount Store Food Market Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.129215
    Latitude
    36.217575

    Nearby Similar for Sale

    • $1,800,000

      Retail Center Near Mixed-Use Development

      Retail shopping center near Lake Mead and Simmons with redevelopment potential.
      3011 West Lake Mead Blvd, North Las Vegas, NV 89032
      View Details
    • $2,449,425

      High-End Office & Warehouse Space

      Two-story office and warehouse in Cheyenne West Corporate Center.
      2645 W Cheyenne Ave, North Las Vegas, NV 89032
      View Details
    • $4,130,860
      4,240 SF

      New Heartland Dental NNN Lease

      New construction NNN lease with corporate guaranty by Heartland Dental.
      4372 W Ann Rd, North Las Vegas, NV 89031
      View Details
    • Contact for pricing
      7,860 SF

      WSKY Bar + Grill Investment

      Single-tenant, triple-net leased investment opportunity in North Las Vegas.
      2992 W Cheyenne Ave, North Las Vegas, NV 89032
      View Details
    • $659,888

      Well-Maintained Fourplex in North Las Vegas

      Four-unit property with remodeled kitchens, upgrades, and income potential.
      2252 Ellis St, North Las Vegas, NV 89030
      View Details
    • $659,888

      Well-Maintained Fourplex in North Las Vegas

      Single-story fourplex with remodeled units, strong cash flow potential.
      2252 Ellis St, North Las Vegas, NV 89030
      View Details
    • Contact for pricing
      2,564 SF

      North Las Vegas Office Opportunity

      Strategically located office building near essential services and major highways.
      3820 W Ann Rd, North Las Vegas, NV 89031
      View Details
    • $725,000

      Las Vegas Multifamily Investment Opportunity

      Four-unit property near Las Vegas Blvd with tenant storage.
      2728 Haddock Ave, North Las Vegas, NV 89030
      View Details
    • Contact for pricing
      50,358 SF

      North Las Vegas Retail Center

      Stabilized retail asset with redevelopment potential in North Las Vegas.
      2987 Las Vegas Blvd N, North Las Vegas, NV 89030
      View Details
    • Contact for pricing
      11,761 SF

      Multi-Tenant Office Buildings For Sale

      Three multi-tenant office buildings with occupancy or leasing opportunities.
      1703 Civic Center Dr, North Las Vegas, NV 89030
      View Details
    • Contact for pricing
      1,800 SF

      Retail Property on Ann Road

      Retail space available for sale in North Las Vegas.
      360 E Ann Rd, North Las Vegas, NV 89031
      View Details

    FAQs

    What type of property is this?
    Land - Land with high traffic near Las Vegas Motor Speedway.
    Where is this land located?
    The property is located at 6625 Speedway Blvd North Las Vegas, NV.
    What are key features of this property?
    This property features: - High traffic location along I-15; - Proximity to Las Vegas Motor Speedway hosting approximately 1,400 events annually; - Estimated ±7,000,000 SF of planned construction in the area
    (702) 221-2500 Call to check price and availability
    Request Owner's contact information
    6625 Speedway Blvd North Las Vegas, NV
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6625 Speedway Blvd
    North Las Vegas, NV
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6625 Speedway Blvd North Las Vegas, NV
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Bill Hicks
    Bill Hicks
    (702) 221-2500
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!