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5011 E. Tropical Pkwy.

North Las Vegas, NV 89115 · testing traditional
Available Now
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FOR SALELand / Commercial
APN
123-29-601-024
Lot Size
1.49ac
Zoning
M-2
Currently Leased
No
Listing Contacts
Kiran Hutfin Dev
Real Estate Developer

More property details

Investment
Owner User, Investment

Features & amenities

Highlights
Strategic LocationIdeal entry point in maturing, high-velocity North Las Vegas submarket with proximity to premier tenants, highways, and ongoing infrastructure enhancements
Cost-Effective OptionAffordable relative to Apex mega-sites; positioned for smaller owner/users or investors
Heavy Industrial ZoningM-2 General Industrial zoning suitable for single tenant warehouse or storage yard
Market Timing2026 described as year of 'alignment' where demand, pricing and capital markets sync up, favoring proactive investors
Billboard IncomeBillboard lease/income included with property

Location

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About the location

Located in the heart of the Speedway industrial corridor, approximately 0.5–1 mile from major I-15 interchanges via Tropical Parkway and Speedway Boulevard. This area is a key e-commerce and fulfillment node with large-scale, multi-million-square-foot Class A distribution centers, warehouses, and logistics facilities. The site benefits from spillover growth from the Apex submarket to the north.

Location highlights
  • Strategic location for West Coast distribution; 15-20 minutes from Las Vegas Strip; proximity to I-15; ongoing infrastructure enhancements; limited vacant land opportunity in high-velocity submarket

Additional details

Price Per SF
10.79
Lease Option
Call for Pricing
Billboard Lease Included
Yes
Market Context

Las Vegas industrial market stabilizing in 2026 after speculative development surge 2022-2024; vacancy rates declining, absorption strengthening

North Las Vegas Market Data

Dominant submarket accounting for much of inventory growth; supported by logistics, distribution, data centers, outside storage

Key Market Drivers
  • Strategic location for West Coast distribution
  • Ongoing population growth (projected top-15 U.S. metro)
  • Infrastructure enhancements and Apex expansions
  • Resilience despite tariffs and interest rates
Recent Land Sales Comparison

2025 Southern Nevada industrial land: 331.5 acres for $360.3 million (average $24.95 psf)

Area Description

Speedway industrial corridor; 0.5-1 mile from I-15 interchanges; 14.5+ million sq ft development since 2016; low-10% vacancy range valley-wide

Planned Land Use
Incorporated Clark County (CITY) - Density: Null
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land · North Las Vegas · NV