5005 Gowan Rd Las Vegas, NV 89115
This exceptional 3.67-acre industrial land parcel, located at 5005 E. Gowan Road in Las Vegas, Nevada, presents a compelling investment opportunity. Priced at $1,699,999, this property offers significant potential for development. The land is zoned M-1, allowing for a variety of industrial uses. Its flat 159,865 square foot area is ideal for the construction of small industrial buildings with ample yard space. Situated in Clark County, the property benefits from a prime location near Nellis Air Force Base and is surrounded by a mix of industrial, multifamily, and mobile home developments. This strategic location within a growing area offers strong demographic appeal and presents a versatile investment opportunity for developers or owner-users seeking to capitalize on the thriving Las Vegas market. The property's below-market value and conditional approval for M-1 zoning further enhance its attractiveness. This is a rare chance to acquire a well-positioned industrial land parcel in a dynamic and expanding region. The zip code is 89115.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.