1403 Cheyenne AveNorth Las Vegas, NV 89030

Property Details for 1403 Cheyenne Ave

Year built

2022

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.60 AC

Property size (Sq ft)

1,653 SF

Property type

Retail properties

Property subtype

Other car washes

APN

139-16-511-002

APU

13916511002

Description

This exceptional 0.9-acre vacant land parcel presents a compelling investment opportunity in North Las Vegas, Nevada. Located at the intersection of Cheyenne Avenue and Martin Luther King Boulevard, this strategically positioned property boasts a C-1 zoning designation, opening doors to a variety of commercial and industrial uses. The lot, approximately 110 feet wide and 400 feet deep (dimensions are approximate), is ideally situated near established businesses, including a Pli Card Marketing Solutions facility, a Conoco Oil convenience store, and an Ultra Clean Express Car Wash, ensuring high visibility and convenient access. Its proximity to the I-15 freeway (within approximately 200 miles) further enhances its logistical appeal. The property's APN is 139-165-11-006. This master-planned commercial/industrial site is offered at $975,000 and represents a rare chance to acquire a well-located, sizable parcel in a thriving area. The sale is offered as-is by the owner. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $633,739

  6.5%

  $584,990

  7%

  $543,205

• Comparable approach

  Method

  Valuation

  Relative Method

  $834,570

  Geo Method

  $834,570

• Alternative Use

  Use

  Valuation

  Residential

  $493,461

  Hospitality

  $452,007

  Educational

  $376,065

  Medical

  $388,998

  Retail

  $584,990

Location Insight

City

North Las Vegas

County

Clark

State

Nevada

Latitude

36.2165

Longitude

-115.161

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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