4620 Eaker StNorth Las Vegas, NV 89081

  • Warehouses
  • 49,800 SF
For Sale
$10,350,000 View listing

Property Details for 4620 Eaker St

Year built
2016
Construction
CONCRETE
Lot size
2.86 AC
Property size (Sq ft)
49,800 SF
Property type
Warehouses
APN
140-06-510-024
APU
14006510024

Description

This exceptional 58,162-square-foot warehouse presents a compelling owner-user opportunity in North Las Vegas, Nevada. Located at 4620 Eaker St, this Class B industrial property sits on a 2.86-acre lot and offers significant advantages for businesses seeking a strategic location and investment protection. Built in 2016, the building is in excellent condition and features a 28'5" ceiling height and two dock-high doors. Its prime location along the North Las Vegas commercial corridor provides easy access to major transportation arteries, being just 1.5 miles from the I-15/Craig Road and I-15/Lamb Boulevard interchanges. The vacant property allows for immediate occupancy and customization to meet specific operational needs. The potential for creating a secured yard area adds further value. This investment offers protection against rental market fluctuations, rising property values, and interest rate hikes, while simultaneously providing the potential for strong rental income generation through tenant occupancy. The property's central location makes it ideal as a corporate headquarters, combining operational space with a sound investment strategy. The asking price is $10,350,000, translating to $177.95 per square foot. This represents a rare opportunity to acquire a high-quality, well-located warehouse in a rapidly growing market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $27,309,800
    6.5%
    $25,209,000
    7%
    $23,408,400
  • Comparable approach

    Method
    Valuation
    Relative Method
    $15,963,900
    Geo Method
    $15,963,900
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $13,228,900
    Mixed-Use / Specialty
    $13,419,600
    Hospitality / Lodging
    $10,155,300
    Office
    $13,587,700
    Institutional / Educational
    $14,036,000
    Residential Income
    $16,422,100
    Multifamily
    $18,377,100
    Automotive / Energy
    $12,030,900
    Parking / Income-Based Land
    $3,916,700
    Restaurant / Food Service
    $7,487,320
    Healthcare / Senior Housing
    $13,517,600

Location Insight

City
North Las Vegas
County
Clark
State
Nevada
Latitude
36.2452
Longitude
-115.082
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
$82,464
$545,046
$2,820,537
$3,365,583
-
$1,557,274
$8,058,677
$9,615,951

FAQs

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