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

OFF-MARKET Land Google Maps
7 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 7 ac (304,920 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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