4516 Hammer LnLas Vegas, NV 89115

Property Details for 4516 Hammer Ln

Year built

1965

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.06 AC

Property size (Sq ft)

768 SF

Property type

Automotive properties

APN

123-32-101-005

APU

12332101005

Description

This exceptional ±16.95-acre vacant industrial land parcel presents a unique opportunity in the thriving North Las Vegas submarket. Strategically located just north of the I-15 and Lamb Boulevard interchange, this site boasts unparalleled accessibility and visibility. Direct frontage on the I-15 freeway provides exceptional exposure to high volumes of daily traffic, while multiple access points via Lamb Boulevard and Tropical Parkway ensure convenient ingress and egress. The property's zoning designation is M-2, offering flexibility for a wide range of industrial development projects. The expansive lot size allows for substantial building potential, making it ideal for large-scale warehouse, distribution, or manufacturing facilities. Its location within Clark County, Nevada, provides access to a robust workforce and established infrastructure. The address is 4516 - 4560 E Hammer Ln, Las Vegas, NV 89115. This prime industrial land is ready for immediate development, offering significant potential for long-term growth and return on investment. The property is a single-tenant site, providing a clean slate for development tailored to specific needs. This is a rare opportunity to acquire a large, well-located industrial land parcel in a rapidly growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $294,441

  6.5%

  $271,792

  7%

  $252,378

• Comparable approach

  Method

  Valuation

  Relative Method

  $387,749

  Geo Method

  $387,749

• Alternative Use

  Use

  Valuation

  Residential

  $229,267

  Hospitality

  $210,007

  Educational

  $174,723

  Medical

  $180,732

  Retail

  $271,792

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.2597

Longitude

-115.075

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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