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    Cheyenne Ave & Shatz St Nellis Air Force Base, NV 89156

    Sponsored
    For Sale
    $2,600,000

    Prime 7-acre industrial lot, excellent development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7-acre industrial land parcel, located in North Las Vegas, Nevada (APN 140-15-502-001), presents a unique investment opportunity. Zoned IP (Industrial Park), this flat, graded site is ideal for various industrial uses, including manufacturing and distribution. Previous approvals existed for boat, RV, and self-storage facilities. A clean Phase 1 environmental report, along with a topographical survey and soils report, confirm the site's suitability for development. An Alta survey is also available. The property boasts convenient access to utilities, including a 10' water line in the northeast corner and an 8' water line in the southwest corner. An 8' sewer line is located in the adjacent street. NV Energy electricity is onsite, and SW Gas is available in the adjacent street. The property features a CMU block wall on two sides and chain-link fencing on the remaining two. Situated near Nellis Air Force Base, this 7-acre lot offers significant potential for a variety of industrial projects. The asking price is $2,600,000, translating to $410,743 per acre. The property is not located in a flood zone. This is a ready-to-develop site with all the necessary groundwork completed.

    Property Features for 0 Cheyenne Ave & Shatz St

    General Information

    Property type
    Land
    Lot Size
    304,920 SF

    HighLights

    • 7‑acre industrial land parcel in North Las Vegas, zoned IP (Industrial Park).
    • Suitable for manufacturing and distribution; prior approvals for boat, RV, and self‑storage.
    • Flat, graded topography; clean Phase I environmental report, topographical survey, and soils report available.
    • Alta survey available; not located in a flood zone.
    • 10' water line (NEC), 8' water line (SWC), and 8' sewer line (adjacent street).
    • NV Energy electricity onsite; SW Gas available in adjacent street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Nellis Air Force Base
    County
    Clark
    State
    Nevada
    Longitude
    -115.0534144
    Latitude
    36.2183004

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    FAQs

    What type of property is this?
    Land - Prime 7-acre industrial lot, excellent development potential.
    Where is this land located?
    The property is located at Cheyenne Ave & Shatz St Nellis Air Force Base, NV.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: 7-acre industrial land parcel in North Las Vegas, zoned IP (Industrial Park).; Suitable for manufacturing and distribution; prior approvals for boat, RV, and self-storage.; Flat, graded topography; clean Phase I environmental report, topographical survey, and soils report available.
    Request Owner's contact information
    Cheyenne Ave & Shatz St Nellis Air Force Base, NV 89156
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    Nellis Air Force Base, NV 89156
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    Realmo Value Estimation

    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.

    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.

    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
    Cheyenne Ave & Shatz St Nellis Air Force Base, NV 89156
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