Apex Industrial Park In Las Vegas Real Estate Sells For $69 Million

Apex Industrial ParkApex Industrial Park in north Las Vegas real estate was purchased by Kapex LLC for $69 million. This piece of Las Vegas land was a 3,250 acre tract or $21,230-per-acre, from Kerr-McGee Corp. Kapex, whose partners include Jerry Snyder, Dave Carver, Adam Titus and Ken Templeton, with Las Vegas commercial development plans to spend another $31 million developing Apex Park.

“The Apex industrial park has long been viewed as an ideal industrial site, but the lack of utilities has delayed the real estate development,” said Titus. “The first phase of our project will include 400 acres of land in Las Vegas that is currently served by utilities.”

Apex property is located along the westside of Interstate-15 from the Las Vegas Speedway to the U.S. 93/I-15 intersection. It consists of two parcels of M-2 zoned heavy industrial land with a well, paved service road, water storage tank and a septic system. Continue reading Apex Industrial Park In Las Vegas Real Estate Sells For $69 Million

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