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    1451 S Nevada Hwy, Unit 160 Pahrump, NV

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    For Sale
    Contact for pricing

    Land suitable for hotel, multi-family, and commercial development.

    Lot size:
    6.50 Acres

    Property Features for 1451 S Nevada Hwy

    General Information

    Lot size
    6.50 Acres

    Source: New Market Commercial Real Estate Advisors Agent Kyle Wilcox

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land Suitable for Development

    This land is suitable for hotel, multi-family, and commercial development. It is located less than 1 mile from Highway 160 and Highway 372. The area experienced a doubling in the number of residential permits issued and new builders between 2020 and 2021. From 2021 to 2022, the area broke records for new commercial development. The Nevada Department of Transportation reported a 16.7% year-over-year increase in traffic into and out of Las Vegas via Highway 160 after the Highway 160 widening project. Spring Mountain Motor Resort and Country Club has completed its 933-acre land annexation.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Pahrump
    County
    Nye
    State
    Nevada
    Longitude
    -116.0177448
    Latitude
    36.1740487

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    FAQs

    What type of property is this?
    Land - Land suitable for hotel, multi-family, and commercial development.
    Where is this land located?
    The property is located at 1451 S Nevada Hwy, Unit 160 Pahrump, NV.
    What are key features of this property?
    This property features: - Great potential for Hotel, Multi-Family, and Commercial development.; - Less than 1 mile from Highways 160 & 372.; - Significant increase in residential permits and new builders (2020-2021).
    (702) 221-2500
    Request Owner's contact information
    1451 S Nevada Hwy, Unit 160 Pahrump, NV
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    Pahrump, NV
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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
    1451 S Nevada Hwy, Unit 160 Pahrump, NV
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