Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1190 Essex Ave Henderson, NV 89015

    View on Map
    Sponsored
    For Sale
    $595,000

    Land - Henderson, NV

    Lot size:
    5.00 Acres
    Days on Market:
    58
    Last Refresh:
    Mar 25 at 11:06 am

    Property Features for 1190 Essex Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Family-2 acres or More,Horses Permitted
    APN
    179-04-701-007
    Lot size
    5.00 Acres

    Utilities

    Sewer type
    Other
    Water source
    Public

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Tanya Thomason

    Realty ONE Group

    Listing agent Tanya Thomason License #S.0174538

    Listing date Jan 26, 2026

    MLS# 2747280 Listing URL

    Copyright © 2026 Las Vegas REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    5-Acre Lot with Mountain Views

    This is a 5-acre lot suitable for building a dream home or multiple homes. The property allows for horses and offers mountain and city views. It is located in Henderson, Nevada.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Henderson
    County
    Clark
    State
    Nevada
    Longitude
    -114.942449
    Latitude
    36.062159

    Nearby Similar for Sale

    • $494,888
      1,566 SF

      Furnished Condo with Lake Views

      Furnished 3-bedroom condo in Lake Las Vegas community.
      30 Strada Di Villaggio, Henderson, NV 89011
      View Details
    • $199,000
      476 SF

      Furnished Studio with Lake Views

      Furnished studio near Lake Las Vegas with amenities included.
      29 Montelago Blvd, Henderson, NV 89011
      View Details
    • $388,000
      1,268 SF

      Lake Las Vegas Luxury Condo

      Renovated condo with lake views and resort-style amenities.
      30 Strada Di Villaggio, Henderson, NV 89011
      View Details
    • $340,000
      889 SF

      Lake Las Vegas Condo with Views

      Two-bedroom condo with lake and village views in Henderson.
      30 Strada Di Villaggio, Henderson, NV 89011
      View Details
    • $334,888
      967 SF

      Condominium at Lake Las Vegas

      Furnished 2-bedroom condominium with lake access and community amenities.
      30 Strada Di Villaggio, Henderson, NV 89011
      View Details
    • $575,000
      1,624 SF

      Remodeled Lake Las Vegas Residence

      Stunning 3-bedroom end unit with lake and village views.
      30 Strada Di Villaggio, Henderson, NV 89011
      View Details
    • $310,000
      760 SF

      Furnished Condo in Lake Las Vegas

      Turnkey one-bedroom condo with upgrades and lake access.
      30 Strada Di Villaggio, Henderson, NV 89011
      View Details
    • $342,000
      981 SF

      Lake Las Vegas Residence

      Two-bedroom residence with lake views and remodeled interiors.
      30 Strada Di Villaggio, Henderson, NV 89011
      View Details
    • $269,999
      735 SF

      Lake Las Vegas Condo with Views

      Top-floor condo with lake views and resort-style amenities.
      30 Strada Di Villaggio, Henderson, NV 89011
      View Details
    • $179,900
      454 SF

      Furnished Studio with Lake Views

      Furnished studio with lake and mountain views in Henderson, NV.
      29 Montelago Blvd, Henderson, NV 89011
      View Details
    • $195,000
      409 SF

      Furnished Suite with Lake Views

      Comfortable, low-maintenance living in Lake Las Vegas community.
      30 Strada Di Villaggio, Henderson, NV 89011
      View Details
    • $204,900
      479 SF

      Henderson High-Rise Resort Living

      Condo with lake, mountain, and golf course views.
      29 Montelago Blvd, Henderson, NV 89011
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Five-acre lot suitable for building a dream home or homes.
    Where is this residential land & home lot located?
    The property is located at 1190 Essex Ave Henderson, NV.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: - Incredible 5-acre lot.; - Enjoy mountain and city views.; - Horses permitted on the property.
    (888) 461-0101
    Request Owner's contact information
    1190 Essex Ave Henderson, NV 89015
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1190 Essex Ave
    Henderson, NV 89015
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1190 Essex Ave Henderson, NV 89015
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Tanya Thomason
    Real Estate License ID: S.0174538
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!