4960 Rogers St Las Vegas, NV 89118-1505
- Auto shops
- 1,984 SF
- 2.27 lot acres
Current Use by Public Records
- Auto shops
Property Details for 4960 Rogers St
- Year built
- 1968
- Construction
- FRAME
- Lot size
- 2.27 lot acres
- Property size
- 1,984 SF
- Property type
- Auto shops
- APN
- 162-30-103-002
- APU
- 16230103002
Description
This exceptional ±39,000 square foot lot presents a unique investment opportunity in the Southwest submarket. Zoned Industrial Light (IL), this property offers significant potential for various commercial and industrial uses. The site includes a pre-existing ±1,984 square foot building equipped with utilities, providing immediate functionality. The land is fully fenced, enhancing security and operational efficiency. The single-tenant occupancy allows for streamlined management and potential for future expansion or redevelopment. The property's APN is 162-30-103-002. Its strategic location within the Southwest submarket offers excellent access to major transportation routes and a thriving business community. This versatile property is ideal for businesses seeking a ready-to-use facility with ample land for expansion or those looking to develop a new project. The existing building provides immediate value, while the expansive lot allows for significant future growth. This is a rare opportunity to acquire a well-located, functional property in a dynamic market. The combination of existing building and substantial land area makes this an attractive proposition for a wide range of industrial and commercial enterprises. Don't miss this chance to secure a prime piece of real estate in a high-demand area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,280,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,015,000
- 6.5%
- $1,195,000
- 7%
- $1,045,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,235,000
- Geo Method
- $1,100,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $955,000
- Retail
- $1,220,000
- Mixed-Use
- $1,040,000
- Hospitality
- $1,120,000
- Educational
- $1,120,000
- Residential Income
- $1,235,000
- Energy
- $1,205,000
- Income-Based Land
- $1,190,000
- Food Service
- $1,250,000
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.201
- Latitude
- 36.0995
- CBSA code
- 29820
- CBSA name
- LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA