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    1620 Leonard Ln Las Vegas, NV 89108

    For Sale
    $1,500,000

    Land - Las Vegas, NV

    Lot size:
    1.50 Acres
    Days on Market:
    303
    Last Refresh:
    Dec 6 at 2:06 am

    Property Features for 1620 Leonard Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    138-24-803-028
    Lot size
    1.50 Acres

    Utilities

    Water source
    Public

    Building Details

    Architectural style
    Other

    Properties Plus Referal Network (702) 595-4441 [email protected]

    Listing agent Lane Holmes (702) 595-4441 License #S.0176058

    Listing date Feb 7, 2025

    MLS# 2654508 Listing URL

    Copyright © 2025 Greater Las Vegas Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Las Vegas Commercial Land Opportunity

    This 1.5-acre commercial land parcel is located in Las Vegas, Clark County, Nevada. The property is zoned Undeveloped Service Commercial (U(SC)), but the listing indicates that the city is likely to accept almost any proposed zoning. The lot is situated on a section line and is adjacent to C1 zoning on two sides and R3 zoning across Vegas Drive.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.209666
    Latitude
    36.188877

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    FAQs

    What type of property is this?
    Commercial land - Large commercial lot in Las Vegas with flexible zoning options.
    Where is this commercial land located?
    The property is located at 1620 Leonard Ln Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Large lot size provides ample space for development.; - Undeveloped Service Commercial (U(SC)) zoning offers diverse possibilities.; - High probability of zoning approval for various uses.
    (702) 595-4441
    Request Owner's contact information
    1620 Leonard Ln Las Vegas, NV 89108
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    Las Vegas, NV 89108
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    Realmo Value Estimation

    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.

    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.

    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
    1620 Leonard Ln Las Vegas, NV 89108
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