3033 Ford AveLas Vegas, NV 89139

Property Details for 3033 Ford Ave

Year built

1991

Construction

FRAME

Lot size

2.29 AC

Property size (Sq ft)

1,320 SF

Property type

Retail space

APN

177-17-404-014

APU

17717404014

Description

This exceptional 5.5 million dollar industrial manufacturing property, located at 3033 W Ford Ave, Las Vegas, NV 89139, presents a unique investment opportunity. Situated in Clark County, this strategically positioned site boasts unparalleled visibility and high exposure due to its proximity to the I-115 North and South freeways, ensuring optimal accessibility for transportation and logistics. The property is zoned MD and has recently undergone site preparation, making it ready for immediate development. Its ideal location is perfect for a variety of uses, including manufacturing, distribution, warehousing, and storage. The property's prime location benefits from the high volume of traffic generated by Las Vegas's thriving economy. Over 54 million visitors and over 2.9 million residents in 2021 underscore the significant market potential. This is an exceptional opportunity to establish a presence in a dynamic and rapidly growing area. The property's size and zoning make it suitable for a wide range of industrial operations, offering significant potential for long-term growth and profitability. The site is ready for immediate development, minimizing delays and maximizing return on investment. This is a rare chance to acquire a high-visibility industrial property in a prime Las Vegas location.

• CAP approach

  CAP return

  Valuation

  6%

  $643,068

  6.5%

  $593,602

  7%

  $551,201

• Comparable approach

  Method

  Valuation

  Relative Method

  $666,444

  Geo Method

  $666,444

• Alternative Use

  Use

  Valuation

  Residential

  $500,725

  Hospitality

  $458,661

  Educational

  $381,601

  Medical

  $394,725

  Retail

  $593,602

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.0311

Longitude

-115.182

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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