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    Property profile & analytics

    5005 Gowan Rd Las Vegas, NV 89115

    • Land
    • 3.67 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 5005 Gowan Rd

    Lot size
    3.67 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.063
    Latitude
    36.2255

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      1.93 Acres

      1851 Walnut Rd

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    Similar Nearby for Sale

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    Similar Nearby for Lease

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      Industrial Space Available For Lease

      Industrial property with 4275 square feet available for rent.
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      166,486 SF

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      3260 Lamb Blvd, Las Vegas, NV 89115
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    Request Owner's contact information
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    5005 Gowan Rd
    Las Vegas, NV 89115
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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
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