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
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Eaker St North Las Vegas, NV 89081
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Eaker St North Las Vegas, NV 89081
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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