Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4910 Donovan Way North Las Vegas, NV 89081-2615
    Back to Search
    Property profile & analytics

    4910 Donovan Way North Las Vegas, NV 89081-2615

    View on Map
    • Auto shops
    • 10,500 SF
    • 24.81 lot acres
    Off-Market
    Property ID
    US62-0568802
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $910,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Strategic Materials / Recycling Center / Waste Management Facility
    • World oil / Warehouse & Storage
    • Preferred Auto Sales / Car Dealership
    • Crystal Clean / Waste Management Facility / Hazardous Waste Disposal
    • Elite Alignments / Auto Repair Shop

    Property Details for 4910 Donovan Way

    Year built
    1998
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    24.81 lot acres
    Property size
    10,500 SF
    Property type
    Auto shops
    APN
    123-31-402-006
    APU
    12331402006

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    North Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.094
    Latitude
    36.2498
    CBSA code
    29820
    CBSA name
    LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $68,833
    $4,236,438
    $1,470,577
    $5,707,015
    -
    $12,104,109
    $4,201,649
    $16,305,758

    Comparable in this City

    • Value Estimation
      $2,030,000
      40,990 SF

      3701 Freightliner Dr

      AUTO REPAIR, GARAGE • 40,990 SF
      3701 Freightliner Dr, North Las Vegas, NV 89081-2776
      View Details
    • Value Estimation
      $535,000
      5,100 SF

      4150 Smiley Rd

      AUTO REPAIR, GARAGE • 5,100 SF
      4150 Smiley Rd, North Las Vegas, NV 89081-2795
      View Details
    • Value Estimation
      $510,000
      6,000 SF

      2606 La Madre Way

      AUTO REPAIR, GARAGE • 6,000 SF
      2606 La Madre Way, North Las Vegas, NV 89081-2630
      View Details
    • Value Estimation by Request
      5,785 SF

      5597 Losee Rd

      AUTO REPAIR, GARAGE • 5,785 SF
      5597 Losee Rd, North Las Vegas, NV 89081
      View Details
    • Value Estimation by Request
      4,640 SF

      4510 Vandenberg Dr

      AUTO REPAIR, GARAGE • 4,640 SF
      4510 Vandenberg Dr, North Las Vegas, NV 89081-2729
      View Details
    • Value Estimation
      $710,000
      7,920 SF

      4575 Statz St

      AUTO REPAIR, GARAGE • 7,920 SF
      4575 Statz St, North Las Vegas, NV 89081-2652
      View Details

    Similar Nearby for Sale

    • $4,500,000
      3,030 SF

      Retail Space For Sale

      Retail space available with a 4.89% CAP rate.
      529 E Lone Mountain Rd North, Las Vegas, NV 89081
      View Details
    • Contact for pricing

      Commercial Land at Donna Street

      Commercial land available in a booming North Las Vegas area.
      Donna St, North Las Vegas, NV 89081
      View Details
    • $2,999,999
      9,899 SF

      North Las Vegas Industrial Building

      9,899 SF industrial building with high-end office and storage.
      4429 Losee Rd, North Las Vegas, NV 89081
      View Details
    • Contact for pricing

      Land at Tropical Pkwy & Losee

      Commercial land available at Tropical Pkwy & Losee Rd.
      6035 Losee Rd, North Las Vegas, NV 89081
      View Details
    • $900,000
      0.93 Acres

      Land in Booming North Las Vegas

      Commercial land in a growing North Las Vegas area.
      Donna St, North Las Vegas, NV 89081
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Development Land for Lease

      New retail development pads and inline pads for lease.
      Sec Tropical & Pecos, North Las Vegas, NV 89081
      View Details
    • Contact for pricing

      Retail Property Near Planned Developments

      Retail property surrounded by planned housing developments near major interchanges.
      89081 Usa, North Las Vegas, NV 89081
      View Details
    • Contact for pricing

      Retail Space in Established Center

      Retail spaces available in a busy North Las Vegas shopping center.
      5960 Losee Rd, North Las Vegas, NV 89081
      View Details
    • Contact for pricing

      Retail Space at Tropical Parkway

      Retail space available at Tropical Parkway and Losee Road.
      89081 Usa, North Las Vegas, NV 89081
      View Details
    • Contact for pricing
      65,550 SF

      North Las Vegas Warehouse Space

      65,550 SF warehouse with fenced yard and rail doors.
      4550 Engineers Way, N Las Vegas, NV 89081
      View Details
    • Contact for pricing

      Industrial Space Available For Rent

      Industrial space available, offering 5,400 SqFt.
      4530 Andrews St, North Las Vegas, NV 89081
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4910 Donovan Way
    North Las Vegas, NV 89081-2615
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4910 Donovan Way, North Las Vegas, NV, 89081
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!