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Property profile & analytics
OFF-MARKET
Land

5005 Gowan Rd Las Vegas, NV 89115

3.67 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 3.67 ac (159,865 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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